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Property Listing Details

Property details

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Description

Ref 6916 – Leasehold Fruit & Veg Retailer
Blacks Brokers are pleased to bring to the market this leasehold fruit and veg retailer located within The Arndale Shopping Centre, Manchester.
Introduction

Strawberry Gardens Ltd was established by our client in this busy shopping centre in 2007. The stall offers a range of fresh fruits and vegetables and is very well known. It has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this city centre trading position. Our client has ensured the business has an excellent reputation.
Location

Strawberry Gardens Ltd occupies a prominent trading position within the bustling and highly sought after Arndale Shopping Centre. Arndale Shopping Centre is positioned in the centre of Manchester and is filled with a range of retailers, eateries, large multiples and offices. Parking is available in the surrounding area and public transport links are excellent.
Reason for sale

The business is ideally suited to a hands-on owner-operator but due to the demands of our client's family commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
Lease

The current lease is a five year lease which began in 2016 at a cost of £1,125 per week.
Staff

The business operates with six members of staff supporting our client working on a full time basis.
Financial details

Strawberry Gardens Ltd has traded solidly since opening and our client has established a strong customer base. We are advised that the business currently has annual turnover of £520,000 with gross profits of £175,000. Full financial information is available upon request.
Business rates

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
Summary

This well established fruit and veg business occupies an enviable position within a bustling shopping centre. There is plenty of scope to develop the business further with the implementation of a website with ordering service and a strong marketing drive. There is also potential to expand the range of products available to possibly include bread or other every day fresh items. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £149,995.

Please quote ref: 6916

Map & Nearby

Local Amenities

  • Manchester Victoria 0.3 miles
  • Manchester Piccadilly 0.6 miles
  • Chetham's School of Music 0.2 miles
  • Abbey College Manchester 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Manchester Victoria 0.3 miles
  • Manchester Piccadilly 0.6 miles
  • Chetham's School of Music 0.2 miles
  • Abbey College Manchester 0.3 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Blacks Business Brokers. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information.