Market Stalls for sale in Manchester

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Fruit & Veg Retailer - Manchester City Centre

Manchester, Greater Manchester, England

  • Leasehold Price: £149,995
  • Annual Turnover: £520,000
  • Annual Gross Profit: £175,000
Seller Reference: 6916
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Business Description
 
 
 
 
 
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Seller Reference: 6916
Request Details
Business Description
Popular Shopping Centre Location
Annual Turnover £520,000
Gross Profit £175,000
Further Financial Info Available After Viewing
Established 2007
Handover Period Offered
Well Equipped
Storage Area Included
CCTV Fitted Throughout
No Immediate Competition
Scope For Online Presence
Potential To Expand Product Range
Scope To Change Use
REF 6916 – Leasehold Fruit & Veg Retailer

Blacks Brokers are pleased to bring to the market this leasehold fruit and veg retailer located within The Arndale Shopping Centre, Manchester.

INTRODUCTION

Strawberry Gardens Ltd was established by our client in this busy shopping centre in 2007. The stall offers a range of fresh fruits and vegetables and is very well known. It has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this city centre trading position. Our client has ensured the business has an excellent reputation.

LOCATION

Strawberry Gardens Ltd occupies a prominent trading position within the bustling and highly sought after Arndale Shopping Centre. Arndale Shopping Centre is positioned in the centre of Manchester and is filled with a range of retailers, eateries, large multiples and offices. Parking is available in the surrounding area and public transport links are excellent.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to the demands of our client's family commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The current lease is a five year lease which began in 2016 at a cost of £1,125 per week.

STAFF

The business operates with six members of staff supporting our client working on a full time basis.

FINANCIAL DETAILS

Strawberry Gardens Ltd has traded solidly since opening and our client has established a strong customer base. We are advised that the business currently has annual turnover of £520,000 with gross profits of £175,000. Full financial information is available upon request.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This well established fruit and veg business occupies an enviable position within a bustling shopping centre. There is plenty of scope to develop the business further with the implementation of a website with ordering service and a strong marketing drive. There is also potential to expand the range of products available to possibly include bread or other every day fresh items. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Shelving

Epos Till x 3

Refrigerated Fruit & Veg Display

Single Fridge

Weighing Scales x 3

Walk In Fridge (Located In Downstairs Storage Area)

CCTV
Trading hours:
MON - SAT: 09:00 - 18:00 SUN: 11:00 - 17:00
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Strawberry Gardens Ltd operates from a single storey, purpose built retail unit within the shopping centre. The business has large branding and signage displayed and tiled flooring throughout. Our client has fitted CCTV throughout along with refrigerated display units, shelving and electronic weigh scales. Included in the lease are two storage units and one walk in freezer – these are positioned on the lower ground floor which is accessed by staff only.

Location Details:
Manchester
Leasehold Term:
£1,125 Per Week
Listed by:
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