Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Highly Profitable Cheesemongers In Cheltenham For Sale

Cheltenham, Gloucestershire, UK
Asking Price:
£185,000
Turnover:
£500,000
Net Profit:
Available on request

Welcome to an extraordinary opportunity to acquire a renowned and highly profitable cheesemongers nestled in the heart of a historic Gloucestershire town. Boasting over 25 years of successful trading, this esteemed establishment has become synonymous with quality, variety, and exceptional service. With its central location in the main shopping area, this business enjoys high foot traffic and a loyal customer base.

Key features:
- Central location
- Extensive product range
- Established supplier relationships
- Loyal customer base
- Alcohol licence
- Strong online presence
- Impressive retail premises

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on lease for a period of 15 years from 22nd June 2009. Current rental £20,600 per annum exclusive of rates. The lease is subject to 5 yearly rent reviews and is also granted on proportionate fully repairing and insuring terms. There is however ceiling on any contribution towards and service charge raised amounting to £11,250 over the term of the lease. We understand that the landlord is also willing to offer a new 10-15 year lease to a prospective purchaser, subject to status.

Subject to the status of the purchaser, the landlord may request payment of a deposit equivalent to 3 or 6 months rental value to be held for the duration of the lease. Purchasers should take this into consideration when preparing financial forecasts and budgets.

Location:

Central position within the main shopping area of an historic and affluent Gloucestershire town.

Premises Details:

Retail Sales AreaKitchen
OfficeSmall Lobby/Cloak Area2 x ToiletsMeter Room
Storeroom 1 (Despatch Room)Storeroom 2

Size in square feet:
1,194

Business Operation

Reasons for selling:

Owners retirement.

Years established:
Over 25