EXCEPTIONAL BUSINESS IN A PRIME POSITION. GROCER, SPECIALIST FOODS, ETHICAL & ZERO WASTE STORE ‘FOR

ESTABLISHED ALMOST 20 YEARS UNDER THE SAME OWNERSHIP.

Established in 2008, RAW is ideally positioned in the market square and is very much part of the Bingham community.

This excellent business can demonstrate a solid trading history, whilst still providing growth opportunities for new owners. Raw has a solid reputation for quality products and benefits from regular, repeat custom.

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

KEY INFORMATION:

• Stable trading history.
• Plenty of growth potential.
• Excellent location.
• Sought after, affluent area with large new housing development underway.
• Good proximity to Nottingham and Leicester.
• Almost 20 years established.
• Genuine retirement sale.
• Good social media following.

THE BUSINESS & PROPERTY DETAILS:

Location.  14 Market St, Bingham, Nottingham NG13 8AP. The premises are arguably in the best location in Bingham, directly overlooking the historic Buttercross Market Square. Raw is visible from whichever direction you enter the market place. A general market takes place every Thursday, and a farmers market every third Saturday of the month. Bingham is located approximately 25 minutes from Nottingham City Centre and 35 minutes from Leicester City Centre. There is rarely an empty commercial property, with many retailers remaining for several years. 

The business. This is a long-established store that sells much more than raw fruit and vegetables. Also on offer are specialist cooking ingredients, vegan & vegetarian options together with many zero waste and plastic free alternatives, plus a refill service for household and personal care items which is highly popular. The Eco-friendly refill station includes washing up liquid, laundry detergent etc and saves thousands of bottles being sent to the landfill each year. The ‘Free Flow’ nuts and grains section is also very popular. Many products are sourced locally and all are delivered directly to the premises.

To fully appreciate this ‘Aladdin’s Cave’, and the huge range of fresh produce, organic goods, dairy, health, personal and ethical products, please click the below link to view a walk-through video on the business Facebook page:

Raw Facebook page, video link

Growth Potential. There are several opportunities for new owners:

• Offer deliveries.
• Seek wholesale customers.
• Catering customers.
• Create an online offering.
• Further utilise social media.

The Premises. These are noticeable from afar due to their prominent corner position, clear signage and eye-catching displays. As you enter the premises you immediately notice that the store is much larger than it appears, and much more than a grocery store. The fully stocked wall of fresh produce faces you as you turn into the store, with the multiple displays and ranges catching your eye as you walk in. Beyond the main retail space and welcoming counter, is an open area which houses an array of cooking ingredients. 

To the rear of the premises is a store room and staff wc. The premises include 1 parking space to the rear.  

(A full schedule of fixtures & fittings and assets will be made available to potential buyers. All assets will be included in the sale, debt free.)

Takings. The business has a stable and profitable trading history. Full accounts will be provided upon completion of an NDA.

Stock Level. Varies seasonally, estimated £15,000 - £20,000. To be taken at valuation.  

Staff. Mid-week the business operates with 1 full time and 1 part time team member (currently the vendors). Additional support is required on Fridays afternoons and all day Saturday. 

Trading Hours. Tuesday to Friday 8.00am to 4:45pm. Saturday 7:30am to 3:45pm. Closed on Sunday & Monday.

Tenure. Leasehold. Term. A new lease will be made available (subject to satisfactory refencing). Term length to be negotiated. Rent. £975.00 per month.

Rating.  Rushcliffe Borough Council.   Business Rates payable. £250.00 pcm. 

VIEWING is by prior arrangement with us. By all means view the business discreetly, but on no account contact any of the staff or the vendor direct.

SUBJECT TO CONTRACT

Summary. This profitable business is very well supported by the local population. With new energy and ownership there is potential for growth. The premises are in a prime location in a sought-after area and an early viewing is recommended.