Health Food Shop plus Cafe and Therapy rooms in Gloucestershire For Sale

Semi-detached property, excellent High Street trading position, residential, office and commercial area, Gloucestershire.

Turnover £ 3,500
Price £165,000

Features

Health Food Shop Plus Café / Coffee Shop and 2 First Floor Therapy Rooms

6 DAYS OPENING
PAVEMENT WITH SEATING LICENCE
ECOMMERCE WEBSITE WITH ONLINE ORDERING
RENTAL PROFIT OF £12,000 p.a.

TRIPLE FRONTED PREMISES in the region of 1,350 ft² with vinyl floor, suspended ceiling with fluorescent lighting, sales counter, EPOS till, wooden shelving, 2 x display fridge (glass fronted upright), glass fronted upright freezer, 2 x laptop, printer, label printer, lamenter, stock control gun

Additional Café Area, stainless steel extractor unit, sink, 2 under counter fridge rented out on a 3 month rolling contract at £600 + vat per month

The pop up chefs pay £75 + VAT per night (Total income £7,200 per year)

First Floor in the region of 600 ft²

2 Additional Therapy rooms on monthly rolling agreement £35 (small room) for 4 hours and £45 (small room) for 4 hours (approx £800 + vat per month).

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 - £4,000 p.w. with a Gross profit of 35% approx.

Staff

The business is at present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

6 Day week
MONDAY - FRIDAY 9am - 5pm
SATURDAY 10am - 4pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2020 with reviews every 5 years (next review 2030) at a current rent of £12,000 p.a.

(As will be appreciated with the rental income currently of £24,000 p.a. in respect of the self contained maisonette, there is in fact at the present time a profit rental of £12,000 p.a).

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE OCTOBER 2018, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £165,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 82,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote