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Sweet Shop And Tobacconist In Sheffield Market Hall

Sheffield South Yorkshire
Confectioners business, Sheffield, South Yorkshire, T/O: £323,875 GP: 12.7% Scope to increase turnover, Loyal customer base, Busy market location, 2 Stalls,
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 64453
ADVERT IMPRESSIONS : 6,614 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Confectioners
SALE: Agent Sale

LEASEHOLD:

£14,950

ANNUAL RENT:

£11,568
 

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BUSINESS DETAILS:

Location
The Sugar Bowl occupies 2 market stalls, ideally located in Sheffield indoor market, South Yorkshire. The market is ideally located in the city centre, close to local amenities and surrounded by a variety of complementary shops and businesses. There are numerous bus services to the city centre and the railway station is within easy walking distance, while the Supertram network offers easy access from the surrounding areas. The business enjoys a constant high footfall around the two prime locations in the central market. Sheffield is a vibrant city and a desirable place to live and work. The business boasts easy access to the A61 and the A57 allowing good access to the M1 motorway, which lies less than 4 miles away. Rotherham lies approximately 6 miles away while Doncaster is less than 20 miles away.

Business History
Preferred Commercial is delighted to offer for sale this thriving confectionery business, which was established in 1970 and which has been in our client's careful hands since 2007. The business is only now offered to the market due to our client's other business interests. The stalls trade 6 days a week and generate a turnover in the region of £323,875 per annum with a gross profit of 12.7%. Our client offers a wide range of loose and packed sweets, including gluten free and diabetic friendly sweets as well as tobacco products. We feel the turnover could be increased by extending the range of goods available and establishing a simple marketing campaign. The Sugar Bowl has a website advertising their products, which includes online ordering facilities. This is an ideal opportunity to acquire an already thriving confectioners business with scope for future development. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £323,875 per annum
GP: 12.7%

Opening Hours
Mon - Weds: 8:00am to 5:00pm
Thurs: 8:30am to 5:00pm
Fri - Sat: 8:00am to 5:00pm
Sun: Closed

Accommodation Details
2 market stalls located on the first floor of Sheffield's indoor market. Briefly comprising:

Sugarbowl
• Stall situated against the perimeter wall, with access space below counter, completely racked and shelved, scales, electronic cash register, pick and mix facilities and security roller shutters

Candy Corner
• Stall in central corner position, with racking and shelving, central display areas, specialist sweet ranges, and security roller shutters

Tenure
Leasehold
Rolling lease
Rent: £964 per month
   
  FOR SALE
   

REFERENCE:

2515 / RightBiz
   
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