Business Hilton Smythe welcomes to the market Silver Link Food, a delightful entry level business at a keen asking price, For Sale due only to our client's other pressing business interests.
Young and still-expanding community store with excellent product range, retailing everything from 'Lebara' mobile accessories and sim cards, to snacks, convenience foods, fizzy drinks, fresh veg, frozen fish, alcohol, over counter medicines, tobacco, international money transfer, to Asian led food staples.
Owing to its location, the business has quickly built up a large repeat and regular town centre clientele, and has a small online presence which could be improved by the addition of a local social media page or dedicated website.
An entry level and fledgling business in our client’s ownership for a couple of years, the business is still growing and has huge room for organic growth and scope.
Location Silver Link Food is situated in the market town of Bridgwater, within the county of Somerset Situated at the foot of Eastover, at the juncture of several main roads and pedestrian crossings in the cente of the town. In the vicinity of many other independent operators, the business is also next to the ongoing construction of the new Marco Pierre White Hotel, a main pay and display car park, and the access road to Bridgwater train station.
Bridgwater is a busy market town with plenty of densely populated residential areas to its surrounds, and is famed for its annual carnival season and squibbing, with lots of history throughout the town centre.
Plenty of 'big business' and 'industry' line the outskirts including many factories, warehousing, and distribution centres including Morrisons main depot.
Close to the county town of Taunton, there is excellent public transport, and easy access to the main A38 and M5 network. The local population is circa 40,000 people as at 2017.
Premises A single storey lock-up premises, largely open plan circa 71 sqm. Briefly comprising,
Open plan shop floor with central counter and servery, mixture of gondola and rack mount shelving for product display. Range of chill, frozen, and fresh cabinets, including branded drinks fridges. Further shelving and product displays.
Small frozen goods room to rear with chest freezers, plus rear ancillary/staffing areas, WC and kitchenette.
Tenure We are advised the business is being sold as a Leasehold business opportunity Original lease length: 10 years Remaining lease length: 8 years Review period: 5 yearly Rent: £6500 pa.
Hours The business opening hours: Monday: 08:00 to 22:00 Tuesday: 08:00 to 22:00 Wednesday: 08:00 to 22:00 Thursday: 08:00 to 22:00 Friday: 08:00 to 22:00 Saturday: 08:00 to 22:00 Sunday: 08:00 to 22:00
Staff The business is run by a hands-on husband and wife team.
Financial Profile We are advised that the current weekly takings are around £1000 pw. Gross Profits are circa £30,000 to £35,000 pa.
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