Greengrocers for sale in Croydon

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 Daltons offered a simple, low-cost and effective way to advertise our business for sale to a wide audience.  

David Binder (Nov 2017)
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Freehold Price: £429,995 Price Reduced Turnover: £364,000 Gross Profit: £73,000
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Business Description
Hilton Smythe welcomes to the market Stanley Road Fruiterers, established by our clients over 40 years ago and now offered for sale due to their wish to now retire.

The freehold opportunity offers both rental investment yield as well as a desirable local convenience store goodwill.

The much-loved community store offers a wide selection of:

• Fresh fruit
• Vegetables
• Large range of grocery lines
• Frozen food
• Household items
• Cold drinks
• Confectionery
• Bread

Majority of the sales are derived from local walk in customers as well as some local deliveries to some loyal elderly customers.

Opportunity to increase sales could be achieved by adding alcohol lines and extending the opening times.

The first floor living accommodation is currently let to the same tenants for over 4 years achieving £925 pcm.

There is further opportunity to develop the ground floor rear space and garden to create a further 1-2 bed living space.

Full handover offered.

Stanley Road Fruiterers is located on Stanley Road in Croydon, South East London.

This popular business is located on a small parade of local shops and brick-built housing on the outskirts of central Croydon.

There is free customer parking directly outside the business as well as pay and display metered parking at the top of the street.

Croydon is undergoing massive redevelopment with several large housing projects within 2 mins walking distance of the business. The mainline station connects commuters to central London in approx 30 mins.

Front external - large pavement space used as additional display for fruit and vegetables.

Ground floor

Main shop

• Retail shelving
• Service counter
• Till
• Card machine
• 2 x double glass fronted chillers
• 1 x upright glass fronted fridge
• Large open deck chiller
• Large chest freezer
• 2 x smaller freezers

Rear section

• Storeroom
• Kitchen
• Bathroom
• Rear external access (which could be further developed into additional living accommodation)

First Floor

Separate front entrance leading up to a beautifully presented self-contained flat which includes:

• Double bedroom
• Open plan living room with dining space
• Contemporary kitchen
• Bathroom with shower facilities
• Stairs lead up to the attic space which includes a further 2nd double bedroom


Accessed from service counter area in the shop and includes large shelves storeroom approx the same floor space as the ground floor shop area.

Rear external

• Private garden with own access
• Several storerooms
• Garden shed with walk in cold room

We are advised the business is been sold as a Freehold opportunity.

Opening hours of the business are

Monday to Saturday: 7.30 am - 7.30 pm
Sunday : Closed

The business is run and managed by our clients only who work full time.

Financial Profile
Stanley Road Fruiterers generated an advised turnover on the 2016 accounts of £358,140, with a gross profit of £51,603 and net profit of £30,997.

The business benefits from full small business rate relief.

Tenure: Freehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

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