Established Morpeth Cheese Shop For Sale, Owners Retiring
Morpeth, Northumberland
- Status
FOR SALE
- Advert ID
613535
- Leasehold: £60,000 (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Key Features
- Town Centre location
- Established Business
- Retirement Sale
- Accounts Available
- Small Business
Business Details
Renowned Cheese Shop for Sale in Morpeth, Northumberland
The Cheese Shop in Morpeth, Northumberland was established in 1990, trading now for over 34 years, currently family owned with its third owners. Morpeth is a popular market town regularly visited by tourists, situated 15 miles north of Newcastle upon Tyne. The Cheese Shop has an excellent reputation both locally and online and is a renowned part of the town. The business has a prime location directly next to Morpeth's famous clock tower.
As well as stocking a vast selection of over 100 different cheeses, the shop sells a wide range of biscuits, chutneys, ceramics and beers. The Cheese Shop Morpeth also supply many hotels and restaurants across Northumberland. In addition, it specialises in cheese celebration cakes, in particular wedding cheese cake sales continue to thrive.
Each year, the shop has sustained profitability; in particular, online sales continue to grow. There is a real opportunity for further growth of the current online store via website modernisation and use of social media channels.
The business includes a fully owned branded delivery van and a premises alcohol license. The shop comprises of a back office, walk in cold room storage and shop floor containing 3 industrial sized fridges and a modern weighing POS system (till), all of which have been well maintained over the years. Outside, the canopy at the shop front has been recently replaced.
The current owner’s reason for sale is retirement; however they would be more than happy to train the new buyer in the running of the shop and the art of keeping cheese. They would also be happy to assist and offer support around busier times such as Easter and the Christmas period.
Please contact Sheila or John on 07791575712 with genuine enquiries only. Accounts available upon request.
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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.
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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.
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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.
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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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