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Reference M5964
Turnover £ 2,900
Price
£25,000
Well Established Health Food Shop
RETIREMENT SALE AFTER 41 YEARS
IMPRESSIVE PROMINENT MODERN PREMISES in a pedestrianised precinct.
Industrial non-slip vinyl floor, suspended ceiling with concealed lighting.
Sales counter, elctronic cash register, 2 full height single door glass fronted fridges, adjustable shelving, display gondola, racking and baskets,
Stockroom
Staff cloakroom with toilet and sink
WE ARE INFORMED by the owner the turnover currently averages £2,800/£3,000 p.w. with a gross profit of 35% approx.
The business is at present operated by the vendor on a part time basis with the assistance of 3 part time staff. We are informed the wage bill averages £300 p.w. approx.
6 Day week
MONDAY - FRIDAY - 10 a.m. - 5 p.m
SATURDAY - 10 A.M. - 5.30 P.M.
CLOSED SUNDAY
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE Council lease, granted for 10 years from May 2025 with reviews every 5 years, at a current rent of £13,000 p.a. In addition we understand there is a Service Charge of £2,500 p.a. approx.
NIL Business Rates after full relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1985 AND OFFERED FOR SALE SOLELY DUE TO OWNER'S RETIREMENT
TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Subject to status, you maybe able to borrow up to £ 12,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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