Greengrocer in Essex For Sale

Situated in a Parade, excellent High Street trading position, residential, office and commercial area, Essex.

Turnover £ 25,000
Price £250,000

Features

Immaculate Fruit & Veg Shop

DOUBLE FRONTED PREMISES in the region of 1,450 ft² WITH ELECTRIC SHUTTERS, wood strip floor, ceiling with LED lights, 2 position sales counter, 2 x EPOS till, 2 x scales, modern adjustable shelving, open cool display unit (6 metres), 10 x drinks display fridge (glass fronted upright), CCTV system (12 cameras, large 1 monitor).

Stock room.

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

Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £25,000 p.w. with a Gross profit of 35% approx.

Staff

The business is at present operated by the vendor with 6 full time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 24 HOURS

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 12 years in 2024 with reviews every 3 years (next review 2027) at a current rent of £29,166 p.a. + VAT

Business Rates from April 2024 £18,756 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £250,000 plus STOCK AT VALUATION (£15,000 APPROX.)
LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 125,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote