Well Known Importer, Wholesaler and Retailer of Australian, New Zealand and
Price:
Leasehold - £550,000
Location:
London, Central London
Business Type:
Retail businesses
This well known and respected business retails goods from Australia, New Zealand, South Africa and Canada and was established in 1994, with roots dating even further back. After trialing imported products to fairs and events around the UK, the vendors decided to expand by acquiring an established retailer of Australian gifts in Central London.. The previous retailer had history in selling goods on site at the Australian Embassy, and then via a shop unit in the West End of London. After taking over this small operation and trading from the original shop unit for a number of years, the business re-located to the present unit in 2003, from where they have been successfully operating since that time. The husband and wife vendors brought over 20 years of experience working with Australian Government representatives in London, and decades of knowledge in international logistics to establish a unique offering in the Capital and the wider UK marketplace.
After originally focusing on supplying Australian foodstuffs, gifts and unique products to a growing customer base, the business took opportunities over the years to expand the portfolio of product lines to include lines from New Zealand, South Africa and Canada. The business imports directly and buys via other wholesalers a huge range of specialty branded foods, drinks, gifts and clothing items.
The business occupies a ground floor shop unit with basement in Central London. The main retail area is approximately 750 sq ft on the ground floor. Downstairs there is a small courtyard under the lease, along with a storage area and 2 small management offices of around 150 sq ft and 200 sq ft. There is also a small staff area with food preparation facilities downstairs. The annual rent is circa £42,000 per annum, with business rates circa £8,400 per annum.
The annual rent is circa £42,000 per annum
Monday – Friday: 10:30 am – 6:30 pm
Saturday: 11:00 am – 6:30 pm
Sunday: 11:00 am – 5:30 pm
UK Non-Specific
£ 800,000
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