Popular Farm Convenience Store in Exeter

£60,000.00

Summary:


 – Well established business
– Situated on a busy high street
– Regular, loyal client base
– Vegan, Gluten free and locally sourced products
– Fully fitted to a high standard
– Environmentally friendly
– Free parking on local streets

Contact us for more details, or book a viewing.

Once an enquiry has been submitted you will receive a call from our team within 3 business hours.  


    Description

    Business Description:

    Silk Letting Ltd is delighted to welcome to the market a well-established family-run farm convenience store. Serving St Leonards, Countess Wear, and Priory areas in Exeter with Vegan, Gluten free and locally sourced products, dealing with local suppliers that are happy to carry on dealing with any new owner. It is fully fitted to a high standard and includes all equipment, fixtures, fittings, and stock. The internal layout has been carefully thought out to ensure that maximum stock can be displayed at all times.

    They are the only convenience store in the area and are environmentally friendly with a 0-waste refill station. Selling fresh locally sourced milk and oat milk along with locally sourced meat and lots of Vegan and Gluten free options!

    The store benefits from regular clients and a high footfall passing trade.

    They currently Offer a delivery service within a 1.5-mile radius of the shop which could be increased by any new owner.

    The business has been trading for 1 year and is highly reputable gaining 5-star reviews on many online platforms.

     

     

    Premises:

     The premises offers the new owner all the facilities needed to run the business to its full potential. It consists of:

    – The main floor space

    – Sales area

    – Smaller sales space

    – Kitchen area

    – Toilet area

    – Double garage – stock and storage area

     

     

    Fixtures, Fittings, and Stock:

    The business is fitted and well presented and all stock, shelving and all contacts are included in the sale.

    Some of the assets included in the sale:

    – 3 x glass front display fridges

    – 1 x under counter bar fridge

    – 1 x open front display fridge

    – 3 x glass front display freezer

    – 2 x glass front chest freezer

    – Avery Berkel XTI101 self-serve scales (2 months old)

    – 8 x refill display bins

    – 1 x CAS scale

    – 1 x iPad

    – Star printer

    – HIkvison CCTV

    – Karcher hover

    – till system

     

     

     Location:

     Located on a busy high street in Exeter off the A3015, with on-road parking directly in front of the property making the premises easily accessible for the owner and customers.

    The business is surrounded by local amenities including a hotel, hospital, school, and nearby residential homes resulting in them benefiting from a high footfall trade.

     

     

    Business Hours:

    Monday – Friday 8 am-9 pm

    Saturday-Sunday 9 am-9 pm

     

     

    Staff Members:

    The business currently employs 4 staff members.

    2 full-time staff members are happy to stay in the business if requested.

     

     

    Tenure and Financial Profile:

    This property is Leasehold. There are currently 2 years left on the current lease. The landlord is happy to make a new lease with the new owner.

    Annual rent is – £11000

     

     

    Business Rates:

    Business rates per annum – £138

     

     

    Security:

    The property is fitted with CCTV throughout in full working order. There is also a safe built into the property.

     

     

    Reason for sale: 

     The owner is selling the business due to relocating abroad. Creating a fantastic opportunity for a new owner to take over a well-established and fully equipped business.

     

     

    Growth Potential:

    The business doesn’t currently have a website, the new owner could create a website that allows customers to order and pay online. Could potentially promote social media pages like Instagram. The business currently offers a limited number of delivery slots within 1.5 miles of the shop this could be increased.

     

     

    A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.

    Contact Sharon at Silk Letting on 0161 507 9791

    Or admin@silkletting.co.uk to secure your viewing today!

     

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