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Carefully Designed Wine Shop With Tasting Room

Undisclosed East Sussex
EAST SUSSEX CAREFULLY DESIGNED WINE SHOP WITH TASTING ROOM Prominent location in affluent town with complimentary businesses Elegantly designed & fitted out in traditional olde worlde theme A/T: £60,000 for the first 14 months Cellar & wine tasting room
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 64616
ADVERT IMPRESSIONS : 9,057 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Off Licences
SALE: Agent Sale

LEASEHOLD:

£20,000
 

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BUSINESS DETAILS:

LOCATION

• Prominently sited wine shop in affluent coastal town in East Sussex with great character
• Range of complimentary businesses near by and close to the sea
• Mix of up market residential and commercial businesses within the area
• Ample parking within the town; pay and display facility immediately opposite the shop

HISTORY

• Established by vendors as an individual wine retailer in May 2010
• Shop designed and fitted in an elegant and tasteful “olde worlde” themed style
• Fixtures and fittings are of high quality
• A very individual experience created for loyal repeat customer base
• Product range extended to include a variety of brands and price points
• Excellent professionally produced internet site

REASON FOR SALE

• Vendors wish to pursue alternative personal priorities

PRODUCTS

• Extensive range of modern and classical wines particularly
o French
o Italian
o Spanish
• New world wines
o Australia
o New Zealand
o Argentina
o Chile
o South Africa
• Additional old world wine selection

SERVICES

• Regular themed wine tasting in the cellar
• Pre-booked wine tasting as required

CUSTOMERS

• Mix of customers although mainly with an older and higher income demographic
• High repeat rate

SUPPLIERS

• Products sourced either direct from the manufacturers or though well established trade sources

STAFF

• One vendor works in the shop on a full time basis
• Part time administrative assistance from spouse

TRADING HOURS

• Monday to Saturday 10am to 8pm
• Sunday 12 Noon to 3pm

FINANCIALS

• Sales £60,000 for the first 14 months

OVERHEADS

Rates £400 pa
Heat & light £1,000 pa

PREMISES

• A delightfully equipped wine shop, with basement cellar, thoughtfully decorated, and located in a parade of complimentary businesses
• Shop with “olde worlde” theme with racking and shelving appropriate to trade
• Sales counter with electronic point of sale system
• Basement utilised for wine storage and tasting
• WC
• Yard to rear

STRENGTHS

• A superb reputation with a discerning and loyal customer base
• Exceptional repeat rate
• Affluent area supporting clientele with high disposable incomes
• Website
• Superb quality of life offered retailing wine in wonderful Sussex town
• Buyer will benefit from expensive shop fitting exercise completed in 2010

SCOPE

• Business development activity limited at present
• Development of website
• Introduction of additional product lines
• Revision of prices upwards
• Corporate entertainment
• Events within the town
• Offers and promotions



DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises
   
  FOR SALE
   

REFERENCE:

1087TN / RightBiz
   
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ENQUIRIES:

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