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Highly Rated Siop Llandeg Green Grocer in Menai Bridge, Isle of Anglesey For Sale

Menai Bridge, Isle of Anglesey
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Highly Rated Green Grocer For SaleHighly Rated Green Grocer For SaleHighly Rated Green Grocer For SaleHighly Rated Green Grocer For SaleHighly Rated Green Grocer For SaleHighly Rated Green Grocer For SaleHighly Rated Green Grocer For SaleHighly Rated Green Grocer For SaleHighly Rated Green Grocer For SaleHighly Rated Green Grocer For Sale
  • Status

    FOR SALE

  • Date Submitted:

    19/03/24

  • Advert ID

    608480

  • Reference

    B07924 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £84,995
  • Turnover: £269,008 (£5,173 Per week)
  • Net Profit: £36,489 (14% Profit margin)

Business Details

Highly Rated Green Grocer For Sale

Business
Please quote reference B07924

CoGoGo welcomes to the market Siop Llandeg, a highly rated green grocer in Menai Bridge, Gwynedd.

The business was first established by our clients in 2020, building up an excellent reputation and regular customer base during that time. As seen by the online ratings and reviews, the shop is very popular within the local community. 

Siop Llandeg has now come to the open market due to our clients desires to move on. 

Siop Llandeg is a traditional Green Grocer and Convenience store thats supports local produce which include:-

  • Llechwedd Meats
  • Central Bakery
  • Posh Puds
The premises has an attached dog groomers, which is sublet and generating £6,600 per annum in rent. 

Key selling points -

  • Well established
  • Excellent reputation with fantastic online reviews
  • Additional income generated through the sublet
Scope for further growth -

  • Extend trading hours
  • Increase advertising and marketing
  • Explore further social media platforms
  • Create a dedicated website for the business


Location
Siop Llandeg is located on Lon Ganol, in Menai Bridge, Gwynedd.

The business occupies a good location, with excellent views of Eryri/Snowdonia. 



Premises
Occupies a ground floor unit with an open plan service area

Perimeter shelving and displays, with the service counter at the front of the premises. 

Space at the front for external seating

Parking available within the area



Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 5 year lease (4 years remaining as of 2024). The rent is £10,800 per annum. 



Hours
The current trading hours are - 

Monday to Friday - 7:00am - 7:00pm

Saturday - 8:00am - 7:00pm

Sunday - 8:00am - 4:00pm



Staff
We are advised that the business is run and managed by both owners, with the help of 2 staff member. 



Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £269,000. Further financials can be made available upon request. 



Read more

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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