EXCEPTIONAL GROCERS & WHOLEFOODS SPECIALISING IN HIGH QUALITY FRUIT & VEGETABLES THRIVING HIGH STREE

EXCEPTIONAL GROCERS & WHOLEFOODS SPECIALISING IN HIGH QUALITY FRUIT & VEGETABLES THRIVING HIGH STREET POSITION BRIGHTON, EAST SUSSEX

This business is extremely well presented and has been in the current vendor’s ownership for 7 years, however prior to this a greengrocer has been operating on this site for more than 30 years. During this time the business has developed a loyal customer base and has recognised an excellent reputation for offering high quality fruit, vegetables, flowers and plants along with an extensive offering of wholefoods and dried goods. The vendor also offers Christmas Trees and other seasonal products which are incredibility popular. This concern is located within a heavily populated residential area and is in a popular high street position. The business is surrounded by a commercially thriving area, as well as schools and other local amenities and has easy access to bus routes.

THE PREMISES: Double fronted shop is well fitted to the trade, including custom built shelving, 2 multi deck display fridges, 1 single door large freezer and display units. The premise also benefits from air conditioning having been installed. The vendors confirm that all types of trade fixtures and fittings belong to them. To the rear of the main shop area is a small utility area, which provides access to the walk-in chiller (which is serviced annually), staff WC and rear access to the road behind the premises for deliveries. In addition to this there is a forecourt to the front of the premises, which is utilised for displaying produce.

assistants.
informed
business
averages £6,440 per week, and currently trades from 7:30am- 5:30pm Monday to Friday, Saturday 7:30am – 4pm and 9am-3pm on Sunday.

TENURE: The ground floor premise is held on a full repairing and insuring lease at a current rental of £17,000 per annum and has 3 years remaining. The lease has the protection of the 1954 Landlord and Tenant Act and is renewable.

RATES: We have been informed that the Rateable Value is £10,000 and the current rates payable are zero. Prospective occupiers should make their own enquiries to verify same.

GENERAL REMARKS: This outstanding business offers an excellent opportunity for someone looking to build on an already well-established and successful business. Secure lease, early Inspections, highly recommended.

PRICE: We are instructed to quote for the lease, goodwill, equipment, trade fixtures and fittings £45,000 SAV

LEGAL FEES: Each party to be responsible for their own legal costs.

VIEWING: On no account should any approach be made to the Manager or the

TURNOVER: The vendor oversees the management of the business, with the assistance of one full time manager, 1 full time and 2-part shop

We are that the currently

staff without a prior appointment through the vendor’s agents, Watkins Commercial, Telephone: 01273 709090.

ENERGY PERFORMANCE CERTIFICATE: The property has been rated a Band C and the full report is available upon request.

DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement.

The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order. The buyer is advised to obtain verification from their solicitor or surveyor before proceeding with the purchase.

VAT: All prices and rents are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

MORTGAGE & FINANCIAL PLANNING: We shall be pleased to assist any purchaser in arranging finance to acquire this business or any other business you may be considering subject to status.

Prop. Ref: 6780G

These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract

APPLICANTS CONFIDENTIALITY AGREEMENT

I understand and agree that any information regarding any business supplied to by Watkins Commercial will be kept strictly confidential. I also undertake that I will:

i)  View businesses registered with Watkins Commercial by appointment only.

ii)  Not contact any owner, staff, suppliers, competitors or customers of any business registered with

Watkins Commercial

iii)  Not pass on any information supplied by Watkins Commercial to any third party other than a

professional advisor et. Bank, solicitor, surveyor accountant, etc.

iv)  Submit any offers direct to Watkins Commercial with whom I will conduct all negotiations

v)  Be liable for any commission which would have been due to Watkins Commercial should I be party to

negotiations or actions which seek to preclude, or are contrary to the interest of Watkins Commercial.