Greengrocers for sale in Epping

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Well Presented Green Grocers

Epping, Essex, England

  • Leasehold Price: £55,000  Price Reduced arrow_drop_down
  • Turnover: £240,000
Seller Reference: B05643
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Business Description
 
 
 
 
 
 
 
 
 
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Seller Reference: B05643
Request Details
Business Description
Business
Hilton Smythe welcomes to the market WKM Barley a greengrocer which was established by our client in 2018, however, due to other commitments our client is now looking to sell.

WKN Barley is a traditional greengrocer that serves Epping and the surrounding area. Along with the fresh produce, they also sell dairy products and organic products.

The business does not have a web site or social media pages and has just grown by word of mouth. At time of instruction the business has very good reviews on line including:-

“Second time I've shopped there. I am absolutely delighted to have a local store that sells all the weird and wonderful produce you just can't get at the supermarket. The staff are friendly and knowledgeable, and I've been introduced to some amazing fruits. Especially the custard apple. Highly recommended!”

“Such a wonderful shop amazing selection in a beautiful old building. I think it was the owner who served me he was extremely helpful and friendly I will definitely be back. Epping you are so lucky”

“Great selection and super friendly and helpful staff”

There is scope for development of the business by considering:-


  • A website to promote the business

  • Social media site/s to promote the business

  • Home delivery service

  • Further shelving for products


Hilton Smythe highly advise early viewing to avoid disappointment.

Location
WKN Barley is located in the affluent town of Epping, Essex, on the main high road surrounded by many other shops that bring a high footfall to this highly populated residential area.

There is free 1 hour parking along the entire high street, making this a thriving area and WKN Barley is located in a distinctive Grade II listed building.

Epping is the terminus for London Underground's central line. The town has a number of historic Grade I and II listed buildings and holds a weekly market, which dates to 1253, is held each Monday. In 2001 the parish had a population of 11,047 which increased to 11,461 at the 2011 Census.

Premises
WKN Barley is located within a Grade 2 listed shop that was completely striped back to its original features when our client took over the shop in 2018.

The shop has a distinctive round window and an entrance door that leads to the retails shop with herringbone wood floor throughout, many display boxes for fresh produce, two display chillers and multiple shelving for organic produce.

The service counter has a tiled worksurface, till and scales.

To the rear of the shop is a door leading to the staff toilet and kitchen which has a small storage area.

Tenure
We are advised the business is being sold as a leasehold business opportunity with a 12 year lease from May 2018.

The annual ren tis £24,000 and the business is subject to small business relief on rates with the latest assessment being circa £3,600 per annum payable.

Hours
The business opening hours are currently 9am – 5pm 7 days a week.

We have been informed that there are no restrictions for opening times within the lease.

Staff
The business is run and managed by our client, with the help of a member of staff.

Financial Profile
WKN Barley generated an advised turnover of circa £20,000 per month in its first 4 months of trading. The first years’ accounts are currently with the accountant.

The assets being sold with the business are worth in the region of £25,000

The average stock value is in the region of £8,000.

Tenure:
Leasehold
Listed by:
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