Rectory Grove, Leigh-on-Sea, SS9
£250,000
Guide price
Guide price
Sold STC
DESCRIPTION:
Possibly one of the longest established businesses of any kind in Leigh, and only for sale due to the owners retirement. Established in 1963 having been providing Health Foods, supplements & associated Health products for over 60 years!
The Business Established in 1963 by the current owners father, and under the current stewardship since 2008, Greens has been the 'go to' Health Foods venue for everything natural, ethical and environmental.
Property All measurements are approximate, and were measured on a gross internal are basis:
Shop: 480 sq.ft. including a small understairs Office with CCTV system
Timber Store: 214 sq.ft. leading into:
2 inter-communicating garages (stores) 239 sq.ft. accessed either via the rear of the shop or the rear service road.
Outside WC: 30 sq.ft.
Features Established In 1963!
In Bustling Location
Approx. 740 Sq.Ft. Overall
Substantial Turnover/Profits
Renewable Lease
Reasonable Rent
Turnover/Profits The accounts of the business have shown consistent and substantial turnover and net profits over many years. Over the 5 year period 2018-2022, turnover has averaged £670,558 with net profits averaging an impressive £153,740! (Copies of the accounts and other sensitive information will only be shared with bona fide parties who have entered into a NDA).
Trading Hours Monday to Saturday 8.30am till 5pm. Closed on Sundays.
Staff The business is run by the vendor with 2 full timers and 1 part timer.
Tenure/Rent Leasehold. A fully repairing and insuring lease granted for 15 years from the 9th June 2010. Rent £11,750pa payable quarterly plus £2,040pa for the garages/stores.
Business Rates The most recent assessment shows an adopted value of £9,200. Being under the £12,000 threshold, qualifying occupants will be able to claim 100% Small Business Rates relief.
Legal Fees Each party is to be responsible for their own legal fees.
Possibly one of the longest established businesses of any kind in Leigh, and only for sale due to the owners retirement. Established in 1963 having been providing Health Foods, supplements & associated Health products for over 60 years!
The Business Established in 1963 by the current owners father, and under the current stewardship since 2008, Greens has been the 'go to' Health Foods venue for everything natural, ethical and environmental.
Property All measurements are approximate, and were measured on a gross internal are basis:
Shop: 480 sq.ft. including a small understairs Office with CCTV system
Timber Store: 214 sq.ft. leading into:
2 inter-communicating garages (stores) 239 sq.ft. accessed either via the rear of the shop or the rear service road.
Outside WC: 30 sq.ft.
Features Established In 1963!
In Bustling Location
Approx. 740 Sq.Ft. Overall
Substantial Turnover/Profits
Renewable Lease
Reasonable Rent
Turnover/Profits The accounts of the business have shown consistent and substantial turnover and net profits over many years. Over the 5 year period 2018-2022, turnover has averaged £670,558 with net profits averaging an impressive £153,740! (Copies of the accounts and other sensitive information will only be shared with bona fide parties who have entered into a NDA).
Trading Hours Monday to Saturday 8.30am till 5pm. Closed on Sundays.
Staff The business is run by the vendor with 2 full timers and 1 part timer.
Tenure/Rent Leasehold. A fully repairing and insuring lease granted for 15 years from the 9th June 2010. Rent £11,750pa payable quarterly plus £2,040pa for the garages/stores.
Business Rates The most recent assessment shows an adopted value of £9,200. Being under the £12,000 threshold, qualifying occupants will be able to claim 100% Small Business Rates relief.
Legal Fees Each party is to be responsible for their own legal fees.
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