Excellent Leasehold Farm Shop For Sale

Business description

EXCELLENT LEASEHOLD FARM SHOP Established over 15 years ago and run by the current vendor for the last 8, this business offers a huge variety of products from freshly laid eggs, fresh and frozen fruit and vegetables, Homemade pies, chutneys, and Tiptree jams. They also stock potatoes by the sack, animal/pets bedding and food. One of the major advantages of the business is its rural location in the middle of two very busy towns which generates many local customers. Operating on a well know busy trading site located next to a Beauty Salon, Swimming Pool, Dance Studio, Children's Nursery and Stables the passing trade is enviable. With a huge free car park the weekends are extremely busy. TENURE: Leasehold Reason for Sale: Vendor has decided to retire. Legal Fees: Vendors and purchasers to meet their own contractual costs: Purchaser to meet the reasonable costs in establishing any new lease. Equipment: 6 x 6ft Fridges, 4 freezers and approximately 25 sq. ft walk in fridge for cold storage. Also an X reg Mercedes sprinter edi to be negotiated in Sale Potential: As the vendor is nearing the age of retirement, there is huge potential for someone with drive and enthusiasm to increase sales by introducing wholesale delivery rounds, internet home drops and even tout for local business with the Hotels, Restaurants and Golf Courses near by. At present no advertising is carried out. Rates: Rates payable of £1,750 Turnover: We are informed that accounts show a turnover of £225,000 for 2007 with a Gross Profit of approximately 40% Stock: To be purchased seperately at valuation: Approximately £3,500

Property information

Lease terms:

Tenure: We are of the understanding that a new 5 year lease will be granted to the new prospective buyer.

Location:

Property: Large out house style building which leads straight into an open plan retail area. A serving counter, office and kitchenette. Frontal exposure for hanging baskets, compost, wood barks etc.

Other information

Trading hours:

9am-5.30pm Monday to Saturday 9am-4pm Sunday