Busy Greengrocers In Letchworth Hertfordshire | | Letchworth Hertfordshire | | Greengrocers, Letchworth, Hertfordshire T/O: £104,000 GP: 35% Scope to increase turnover Loyal customer base Well-equipped Prime location | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 67209
ADVERT IMPRESSIONS : 6,936 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Greengrocers | | SALE: | Agent Sale | LEASEHOLD: | £25,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
R S Fruit Shop occupies substantial mid-parade lock-up premises, ideally located on a busy high street in Letchworth town centre, Hertfordshire. The premises benefit from ample on-street parking and are surrounded by a variety of complementary shops and businesses. There are numerous bus stops and a railway station close by, ensuring a high footfall and much passing trade. The business boasts easy access to the A-road network and the A1(M), allowing good access to Greater London. Letchworth is a vibrant town, which is popular with commuters due to its rural location and easy access to London. Stevenage lies approximately 7 miles to the south, while Luton and the M1 motorway both lie less than 14 miles away.
Business History
Preferred Commercial is delighted to offer for sale this busy greengrocers, which was established by our clients in 1992 and which is only now offered to the market due to our clients' other business interests. The business trades 6 days a week and generates a turnover in the region of £104,000 per annum with a gross profit of 35%, derived from the sale of fruit, vegetables and a selection of bird food. We feel the turnover could be further increased by embarking on a modest marketing campaign. There is also the opportunity to establish a delivery service to local businesses. The business has an excellent reputation and is renowned for providing high quality fresh produce. The shop has just been approved as a Western Union Agent. The premises are well-equipped to suit the trade with extensive shelving and display units. This is an ideal opportunity to acquire an already busy greengrocers with scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £104,000 approx.
GP: 35%
Opening Hours
Mon - Sat: 8:00am to 5:30pm
Sun: Closed
Accommodation Details
Substantial mid-parade ground floor lock-up retail premises in a town centre location. Briefly comprising:
Ground Floor
• Shop area with central display unit, 2 x open chiller units, shelving, scales and electronic cash register
• Storage room
• WC with wash hand basin
External
• Parking to rear with space for 2 vehicles
Tenure
Leasehold
Original length: 4 years
Remaining: 1 year
Review: every 4 years
Rent: £9,000 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2642 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
