Well established Health in Berkshire For Sale

Busy pedestrianised shopping precinct locality, Town Centre, office and commercial area, , BERKSHIRE

Turnover £ 3,250
Price £29,950

Features

Well Established Health Food Shop * Retirement Sale After 39 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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000/£3,500 p.w. with a gross profit of 35% approx.

Staff

The business is at present operated by the vendor on a part time basis with the assistance of 4 part time staff. We are informed the wage bill averages £300 p.w. approx.

Trading Hours

6 Day week
MONDAY - FRIDAY - 10 a.m. - 5 p.m
SATURDAY - 9.30 A.M. - 5.30 P.M.
CLOSED SUNDAY

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE Council lease, granted for 10 years from May 2015 with reviews every 5 years, the lease is due to expire in May 2025, at a current rent of £13,000 p.a. In addition we understand there is a Service Charge of £2,250 p.a. approx.

We are advised the Landlord (Council) will grant a new lease, to an approved applicant, at terms to be agreed.

Business Rates from April 2024 £3,000 approx. payable after small business 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

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £29,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 14,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote