FOR SALE
655074
B09734 / Rightbiz
The business occupies well-presented leasehold premises prominently positioned on Central Road, providing an attractive customer-facing retail area, excellent produce displays, storage and operational space.
A particularly valuable feature of the premises is the spacious two-bedroom flat situated above the shop. Importantly, the vendor is permitted to sublet the accommodation under the terms of the lease, and the flat is currently sublet, generating approximately £12,000 per annum in additional rental income.
With the annual rent for the entire premises being £28,500, the income generated from the flat represents a significant contribution towards the overall occupancy cost and is a major commercial benefit for an incoming purchaser.
Tenure
We are advised that the premises are held on a leasehold basis with approximately 12 years remaining of a 15 year lease. We are advised that the current annual rent is £28,500.
The lease also permits the residential accommodation above the business to be sublet, providing the purchaser with the benefit of the existing rental income stream of approximately £12,000 per annum.
Hours
The business operates throughout the week.
Staff
The business is supported by a team of 7 members of staff, comprising a mixture of full and part-time employees. The vendor remains actively involved and currently works within the business on a daily basis.
Financial Profile
We are advised that the business generates an annual turnover in 2025 of £865,869 with gross profit of £134,173. Further financials can be avaliable on request.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'Fresh Opportunity Awaits – Established Greengrocer & Fresh Produce Business - B09734 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.