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Prime location! Grocery Store, Florist & Delicatessen, Wollaton For Sale

Wollaton, Nottinghamshire, UK
Asking Price:
£84,500 Furniture / Fixtures included
Turnover:
£300,000
Net Profit:
On request

We are proud to present this excellent, Respected and Established Grocery Store, Florist & Delicatessen, Wollaton, 'For Sale'

With over 50 years of trading (12 with the current owner), SOW (Sharpes of Wollaton) is truly established and part of the Wollaton community. This profitable store offers a full floristry service, a large grocery range, plus delicatessen. The generous premises include a detached cold store (garage) to the rear and large forecourt to the front. There is plenty of scope to add additional products.

A FIRST-RATE BUSINESS IN A SOUGHT-AFTER LOCATION.

THE BUSINESS & PROPERTY DETAILS:
On a busy parade of shops, with free off-street parking directly outside. Wollaton is a desirable, affluent area.
The business has a reputation for quality products and benefits from repeat custom. Now for sale as the vendors wish to retire.
Dedicated floristry area, with ready-made bouquets, individual flowers and plants. Dedicated grocery area with the ambiance of a rural farm shop. Plus several shelves and tables displaying deli products such as jams, condiments, pasta and many other convenience items. Scope to further increase sales by online ordering via the website (which just requires payment options adding) etc;

Takings: The turnover has consistently reached over £300,000 for the past 4 years (50/50 between food and flowers).
Stock Level: Varies seasonally, estimated between £7,000 - £10,000. To be taken at valuation.
Staff: Vendor 10-15 hours per week making deliveries and collecting supplies. 4 part time staff (including 2 long term florists). The vendors wife works around 10-20 hours per week. 2 people are required per shift. Trading Hours. 9.00am to 5.00pm Monday to Saturday. Closed on Sunday.
Tenure: Leasehold. Term: 8 years from October 2023
Business Rates payable: £500 p.m.

Summary. This profitable business is well supported by the local population. The premises are generous and benefit from a large forecourt to showcase the flowers and produce on offer. This is a profitable business in a great location.

For the full sales details please complete the enquiry form.

Property Information

Property:

Leasehold

Lease Terms:

For the full details please complete the enquiry form.

Leasehold Rent:

£24,000 per annum

Location:

Prime location on a busy, main road amongst many other businesses. Parking directly outside. Thriving retail outlets in a sought after business and residential area.

Premises Details:

Large, open plan. Suitable for many uses. Benefitting from a large forecourt to the front and a garage to the rear.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Plenty of scope to add to the range. Flower orders are taken over the phone whereas the website could be utilised. Add to the in house deliveries with signing up to a relay direct to florist service. Space to add a cafe without taking away from the existing business. These are just a few examples.

Competition / Market:

No direct competition for a business of this style. No other traditional florist of green grocers in the immediate area.

Reasons for selling:

Retirement sale.

Trading hours:

9.00am to 5.00pm Monday to Saturday. Closed on Sunday.

Employees:
2 people are required to cover each shift. The vendors work part time as required.
Years established:
Over 50 years.

Other Information

Support & training:

A handover will be given.