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Established, profitable Grocery Store, Florist & Delicatessen in Wollaton Nottinghamshire For Sale.

Wollaton, Nottinghamshire
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Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale' Photo 1
Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale' Photo 2
Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale' Photo 3
Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale' Photo 4
Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale' Photo 5
Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale' Photo 6
Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale' Photo 7
Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale' Photo 8
Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale' Photo 9
Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale' Photo 10
Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale' Photo 11
Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale' Photo 12
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Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale'Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale'Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale'Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale'Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale'Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale'Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale'Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale'Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale'Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale'Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale'Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale'
  • Leasehold: £59,000 (Stock at valuation)
  • Rent: £24,000 (£2,000 per month)
  • Turnover: £300,000 (£5,769 per week)
  • Profit: On request

Key Features

  • Established local business presence
  • Established local grocery store
  • Owner retiring sale
  • Attractive asking price for buyers

Business Details

Established Grocery Store, Florist & Delicatessen, Wollaton. Great location. 'For Sale'

An excellent, Established Grocery Store, Florist & Delicatessen, Wollaton, Nottingham 'For Sale'

 

Key information:

  • Established over 50 years (12 with the current owner).
  • Large premises amongst other retail outlets.
  • Growth potential.
  • Multiple income streams.
  • Thriving shopping location.
  • Free parking outside.
  • Genuine retirement sale.
  • Handover included in the sale.

With over 50 years of trading (12 years with the current owner), SOW (Sharpes of Wollaton) is truly established and part of the Wollaton community. This profitable store offers a full floristry service, a large grocery range, plus delicatessen. The generous premises include a detached cold store (garage) to the rear and large forecourt to the front. There is plenty of scope to add additional products.

A FIRST-RATE BUSINESS IN A SOUGHT-AFTER LOCATION.

THE BUSINESS & PROPERTY DETAILS:
On a busy parade of shops, with free off-street parking directly outside. Wollaton is a desirable, affluent area and businesses rarely become availabile in this popular area.
The business has a reputation for quality products and benefits from repeat custom. Now for sale as the vendors wish to retire. 
Dedicated floristry area, with ready-made bouquets, individual flowers and plants. Dedicated grocery area with the ambiance of a rural farm shop. Plus several shelves and tables displaying deli products such as jams, condiments, pasta and many other convenience items. Scope to further increase sales by online ordering via the website (which just requires payment options adding) etc;

Potential: Utilise the website to include online ordering. Use a delivery service for flowers and grocery boxes. Increase the offering with complimentaty products such as gifts and further delicatessen ranges etc;

Takings: Consistent turnover above £300,000.  Approximately 50/50 between food and flowers.
Stock Level: Varies seasonally, estimated between £7,000 - £10,000. To be taken at valuation.
Staff: Vendor part time hours: 10-15 hours per week making deliveries and collecting supplies. 4 part time staff (including 2 long term florists). The vendors wife works around 10-20 hours per week. 2 people are required per shift. Trading Hours. 9.00am to 5.00pm Monday to Saturday. Closed on Sunday.
Tenure: Leasehold. Term: 8 years from October 2023 

Business Rates payable: £500 p.m.
 

Summary. This profitable business is well supported by the local population. The premises are generous and benefit from a large forecourt to showcase the flowers and produce on offer. This is a profitable business in a great location.

For the full sales details please complete the enquiry form.

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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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