Retail premises for sale in Cheadle, England, United Kingdom ST10, £199,500

199,500.00

Offer Nr.:
61286335
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Hilton Smythe Business Sales
Phone(s):
01204 351867

_Business_
_Please quote reference B06863_
Hilton Smythe are pleased to have been given the opportunity to manage the
sale of Fresh Produce of Cheadle which is a well - established, all seasons
greengrocers and garden centre with a renowned reputation amongst local
residents. This is a superb opportunity to take on a high turnover, local and
popular business in an area absolutely teeming with customers.
The business was founded approximately 11 years ago when the two owners
identified an opportunity and need in the area and the business has been a
real labour of love for them accruing many satisfied and repeat customers,
lots of whom travel many miles to use the business, along with a fantastic
reputation.
Alas, this exceptional business is now being sold, albeit reluctantly and with
heavy hearts only due to health issues. The vendors are keen to see their
beloved greengrocer and florist pass to an ambitious and entrepreneurial new
owner who can take this already thriving business to the next level.
Fresh Produce of Cheadle as the name suggests stocks a range of high quality
fruit and vegetables, flowers and plants all sourced from the best growers,
both locally and worldwide. All stock is brought fresh each day and includes;
* Fresh fruit and vegetables
* Cut flowers
* Bouquets
* Bedding plants
* Basket plants
* Trees and shrubs
* Salad and veg plants
* Annuals and Perennials
* Composts
* Hanging Baskets
The sale will include the company Facebook page and the business enjoys great
visibility on the internet on websites such as , , and uk. local. online etc.
Sale also includes 2 mercedes long wheel based vans valued approximately at
£30, 000.
The business has an impressive number of regular customers, many of whom are
known on a first name basis by the current owners who are popular and well
respected members of the local community and enjoys great reviews such as;
“Always a place for great fruit and veg”
“Excellent value and size compared to cheap supermarket stuff”
“Purchased all my fruit and veg for Christmas by advanced order. Everything
was ready for me to collect at the agreed time and the quality of all the
produce was superb. Thank you for excellent service”
_Scope to improve_
* Advertising and marketing campaign
* Maximise the use of social media particularly Twitter and Instagram
* Website, ideally with an e - commerce facility
* Develop a wholesale side to the business and supply local pubs, hotels, restaurants, residential homes etc
* Introduce a customer loyalty card/ scheme.
_Reasons to Buy_
* A well established business with an enviable reputation and many existing customers
* Low running costs with inexpensive rent, no business rates and no utility bills!
* One of the current owners would be happy to remain and work for a new owner making this a prime opportunity for an investor
* Prime trading position with little or no competition locally
* Current owners happy to make an introduction to their current suppliers
* Existing staff happy to stay on and have all worked for the business for many years, one for 9 years, one for 6 years and one for 4 years
* Ideal owner managed or partnership business or as a bolt on to a similar business.
Very rarely do businesses of this calibre come to the open market, and only by
speaking to the current owners can it be appreciated what an opportunity it
presents. Early enquiry is therefore highly recommended.
The sale will include all fixtures and fittings making this a real Turnkey
business opportunity.
This great business is likely to attract considerable interest.
_Location_
Fresh Produce of Cheadle is located in Cheadle.
Cheadle is a market town and civil parish in the Staffordshire Moorlands
District of Staffordshire with a population of 12, 165 at the 2011 census. It
is located between Uttoxeter, Leek, Ashbourne and Stoke on Trent.
For hundreds of years the main industry in the Cheadle was coal mining. Today
the town’s main employer is the large jcb factories and the local Alton Towers
Resort employs many of its work force from the Cheadle area. A lot of people
in the town commute to Stoke on Trent, Newcastle under Lyme, Uttoxeter and
Derby.
Markets are held in the market place on Tuesdays, Fridays and Saturdays.
The business is ideally situated within a busy Iceland and B&M supermarket and
thus benefits from really high levels of footfall and passing trade. The
business is beautifully presented and maintained with impressive displays of
plants and flowers etc lining the entrance to the supermarket and the business
premises itself. The business is well signed and impossible to miss.
There is a large, inexpensive public car park immediately outside the
premises.
_Premises_
The business occupies generous premises within a busy supermarket and is
immaculately presented and maintained and briefly comprises;
Large retail shop with roller door security to front, vinyl non slip flooring,
high ceilings with fluorescent lighting, perimeter vegetable and fruit
racking, freestanding herb display, central bulk display area for seasonal
goods, cut flower section with plastic containers and urns, three tills with
electronic scales, CCTV monitor.
Generous outside areas for the display of plants, flowers, trees, shrubs,
composts etc.
_Tenure_
We are advised the business is being sold on a Leasehold basis with 8 years
remaining on the Lease, the rent is £14, 500 per annum which is incredibly
reasonable given the size and location of the premises.
_Hours_
The business trading hours are as followed:
Monday to Saturday - 08: 00am - 17: 00pm
Sunday - 10: 00am - 16: 00pm
_Staff_
The business is owner run and managed with the help of 3 full time and 1 part
time staff member.
_Financial Profile_
We are advised the business generated a turnover of circa £537, 000 as of 2022,
further financial information can be made available upon request.
_Please quote reference B06863_

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