Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Retail Shop, Deli And Café In Town Centre For Sale

Horsham, West Sussex
Asking Price:
£129,950
Turnover:
£251,276
Net Profit:
Available on request

Business
Business For Sale in Horsham, West Sussex Specialist local food retailer & coffee shop

Status: For Sale
Tenure: Leasehold
Leasehold Rent: £26,000 per annum
Turnover: £251,276

Crates Local Produce is a unique specialist food shop offering high quality food and drink ranging from groceries to fresh produce and a wide selection of beers, wines and spirits. The business also benefits from a lucrative service providing hampers and foodie gifts.

The attached cafe operation uses the fresh produce readily available from it’s own shop which includes locally roasted coffee and blended teas. Crates has an enviable reputation for serving the best coffee in the area. It is close to the town’s major employers so has built up a very healthy take away trade starting in the early mornings.

The owners have draft plans for expanding in to ancillary space which was to coincide with the new development taking place at next door Piries Place - a cinema, hotel, restaurants and further retail.

The annual turnover of the shop and cafe is in excess of £250,000. Rent is currently £26,000 per annum with just over 5 years remaining although the landlord will consider a new 10 year lease. Rates are £12,300 payable per year.

Hilton Smythe are delighted to offer to the market Crates Local. A dual business opportunity offering a retail shop selling an unrivalled range of locally sourced fruit and veg, bakery lines, dairy, groceries, confectionery, coffee, tea, wines, beers, ciders, spirits as well as quirky coffee shop serving amazing coffee, deli, teas and pastries with sandwiches, soups and daily specials.

The concept was developed by our clients in July 2013 who after gaining knowledge of local suppliers and markets decided to combine their experience and open a town centre shop allowing local and new customers to visit all year round. The cafe and deli was later added in July 2014 and satisfied the need for non-high street coffee offering which was found using the local Horsham Coffee Roaster specialising in a richer fuller tasting bean.

The business is now reluctantly been sold due to our clients family commitments.

All products where possible are sourced and bought locally from producers who all deliver directly to the business.

Shop - offers an extensive choice of fruit and vegetable, artisan bread, dairy, cheese, eggs, cakes, soft drinks, jams, chutneys and handmade chocolate.

Fine range of local wines from the Bolney Wine Estate, beers from local breweries such as Hepworth, Firebird, High Weald and ciders from Wobblegate, Garden Cider and Trenchmore. Gin is a very popular draw and includes some of the best gins and vodkas in the south including Brighton Gin, Horshams very own Cabin Pressure, Silent Pool, Foxhole, Mews and Chilgrove.

Coffee shop - enviable reputation for serving amazing coffee from the Horsham Coffee Roaster, speciality teas from Tea Huggers. Locally made pastries freshly made sandwiches, tasty salads and in winter freshly made nourishing soups. Substantial early morning trade from 7.30 am serving around 80 regulars each morning and a steady trade then throughout the day.

We believe there is opportunity to expand as currently there are 2 large stockrooms to the rear of the cafe which due to demand of the cafe side could be developed into further customer sitting area.

Hilton Smythe highly recommends early viewing.

Location
Crates Local occupies two highly visible period shop units on Carfax, a central town centre location in Horsham, West Sussex.

Horsham is a very affluent market town on the upper reaches of the river Arun on the fringe of the Weald and a popular area for commuters working in London which is 31 miles south west, 23 miles north west of Brighton, 26 miles north east of the country town of Chichester, with Gatwick airport only 14 miles away.

The historic centre off the town, positioned directly off Carfax is a street leading directly off North street which leads to Horsham Southern mainline station as well as connecting drivers to the B2237 and A24, linking to A264 and nearby M23 motorway.

Our client’s business enjoys close proximity to many of the town centre car parks, Swan Walk indoor shopping centre and sits facing the town square, bandstand and array of other complementary eateries and large choice of estate agents.

Excellent daily footfall, including many thousands of office workers from Creative Assembly, District & County Councils and RSA main office. Directly opposite, Piries Place is being redeveloped to include a new Everyman cinema, Premier Inn Hotel, several restaurants and further retail, due to complete in 2019.

The business is a natural addition to the growing number of great independent food outlets in the town including Michelin star ‘Tristan’s’.

Premises
Crates Local occupies two highly visible period shop units on Carfax, a central town centre location in Horsham, West Sussex.

Horsham is a very affluent market town on the upper reaches of the river Arun on the fringe of the Weald and a popular area for commuters working in London which is 31 miles south west, 23 miles north west of Brighton, 26 miles north east of the country town of Chichester, with Gatwick airport only 14 miles away.

The historic centre off the town, positioned directly off Carfax is a street leading directly off North street which leads to Horsham Southern mainline station as well as connecting drivers to the B2237 and A24, linking to A264 and nearby M23 motorway.

Our client’s business enjoys close proximity to many of the town centre car parks, Swan Walk indoor shopping centre and sits facing the town square, bandstand and array of other complementary eateries and large choice of estate agents.

Excellent daily footfall, including many thousands of office workers from Creative Assembly, District & County Councils and RSA main office. Directly opposite, Piries Place is being redeveloped to include a new Everyman cinema, Premier Inn Hotel, several restaurants and further retail, due to complete in 2019.

The business is a natural addition to the growing number of great independent food outlets in the town including Michelin star ‘Tristan’s’.

Tenure
Status: For Sale
Tenure: Leasehold
The Landlord will consider a new lease.
Original lease length: 10 years
As of 2017 6 year remain
Leasehold Rent: £26,000 per annum
Rates £12,300 payable each year.

Hours
The shop opens: -
Monday to Friday 9.30am-6.00pm
Saturday 9.30am – 5.30pm

Café
Monday to Friday 7.30am-4.00pm
Saturday 8.30am –4.00pm

Staff
The business is run and managed by the 2 owners working part time with the assistance of 1 full time and (the equivalent of) 2-part time members of staff.

Financial Profile
Accounts for 2016-17 reports an annual turnover of £223,247 with gross profit at circa 52%.

The annual turnover for 2017 was £251,276. The vendors are currently preparing these accounts.

Property information

Property:

Leasehold

Contact Broker

Contact Information

  1. Optional
  2. Country

  1. Optional

By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here