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Turn-Key Grocery Store in Prime Location, Welwyn Garden City, Hertfordshire for Sale

Welwyn Garden City, Hertfordshire
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Recently set up Grocery Store for sale Photo 1
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Recently set up Grocery Store for saleRecently set up Grocery Store for saleRecently set up Grocery Store for saleRecently set up Grocery Store for sale
  • Status

    FOR SALE

  • Advert ID

    623117

  • Leasehold: £250,000 (Stock at valuation)
  • Rent: £52,000 (£4,333 per month)
  • Turnover: £676,000 (£13,000 per week)
  • Profit: On request

Key Features

  • Town Centre location
  • Unique Business
  • Fully Fitted
  • Accounts Available

Business Details

Recently set up Grocery Store for sale

We are pleased to present a unique opportunity to acquire a 2500-square-meter premises in a prime location for sale on lease. Meticulously renovated, this store has received substantial investment to ensure it's turn-key ready for a prospective buyer.

Situated in the vibrant town center of Welwyn Garden City, Hertfordshire, the property enjoys high foot traffic, making it ideal for businesses such as a butcher's shop, particularly a halal butcher with a fresh produce section, or a coffee shop offering traditional British breakfast and premium coffee.

Key location benefits include its proximity to a busy shopping center, bustling bus station, and accessible parking options, including one-hour free bays right outside the store. The location is a must-stop for the local train line, with multiple trains passing through this prime spot. Neighboring offices contribute to a steady flow of potential customers.

Financially attractive, the property is offered at a leasehold price of £250,000 with an annual rent of £52,000. Impressively, the store has achieved a current turnover of £676,000. First 3 weeks of the business averaged £17,000 per week. The store features a modern, spacious layout with pristine, well-stocked shelves that offer a variety of grocery items and international foods. It includes refrigerated displays for dairy, meats, and ready-to-eat meals, enhancing the customer shopping experience.

Established just a year ago, the business has already demonstrated significant turnover growth, attracting a stable customer base within an affluent village setting. Despite limited nearby competition, with only two of the six major supermarkets present, there remains substantial potential for further business development or alternative uses.

The sale is primarily due to partner disputes, and there are five employees currently managing operations. In support of a seamless transition, training opportunities will be offered to new owners. Social media presence has been initiated via Instagram to further engage with the community.

Amenities in proximity, coupled with the store's central position adjacent to multiple retailers, enhance its attractiveness. This fully fitted and unique small business in an affluent community presents a valuable investment opportunity with considerable potential for growth.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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