Organic Convenience Store plus Fruit & Veg Shop in Hertfordshire For Sale

Situated in a parade, main road trading position, HERTFORDSHIRE

Turnover £ 4,500
Price £120,000

Features

Organic Convenience Store & Grocers with Potential To Develop Off Licence & Additional Lines

NEWLY FITTED 2025 TO A HIGH STANDARD

DOUBLE FRONTED PREMISES in the region of 915 ft² WITH ELECTRIC SHUTTERS & CANOPY, tiled floor, spotlight, 2 sales counters with EPOS tills, modern adjustable shelving, 4 x open cool display unit (3.75 metres), Triple door freezer, cake fridge, Coffee Machine (2 Group), coffee grinder, CCTV system (7 cameras, 1 monitor).

Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 - £5,000 p.w. with a Gross profit of 50% approx.

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 8am - 8pm
SUNDAY 9am - 6pm

Outside

Parking space for 2 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £30,000 p.a.

Business Rates from April 2025 £6,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE FEBRUARY 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION (£15,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote