Grocery and Butcher Shop

Grocery Shop for Sale

Very cheap rent @ £7,500  per annum No Rate

Please read fully to understand what’s on offer here. I hope I have written everything a buyer needs to know here, should you need to ask more questions please feel free. 

I am trading as LANGDON PARK CASH & CARRY, Established from 2013 trading at same location. I have an active website which I deliberately kept on high minimum order level, due to not able to cope with too many orders. You can check my website here www.shop4best.co.uk copy and paste on your browser and see what you think of it. The website alone is no less than a supermarket of its own. The effort and time taken to build this site is something to consider here. The physical shop itself is a two unit joined together rectangular in shape roughly 900sq ft of trading space. Please see photos and Floor plan below. The unit consists of one staff toilet with basin and one small kitchenet with sink and electric cooker, staff can cook and eat at this place. See floor plan on last photo page.

Plant & Machinery

On plant and machinery side I got a butcher section comprising of a 6ft butcher table, band saw (meat cutting machine) Mincer Machine, Knives and shapers, small hand wash basin, and two butcher display fridges.

Further Refrigeration includes.

One x 2-meter x 2.5-meter cold room.

One x 2-meter x 2.5-meter freezer room

Four x 2.5-meter chest freezer

One x Long 2.5-meter cold drink and dairy cabinet it’s a remote unite condenser is located at the back.

Includes all fixture and fittings, shop front, shutters, suspended ceilings, LED celling lights, shelving, as shown on the photographs.

Takings

My takings are clearly displayed on my epos till which I can present at any time. Accounts are available too, but till takings are more of instant true reflection of taking result. Current weekly physical shop takings are £4 to £4,500 per week. No website taking at the moment because of the minimum order has been deliberately set to exceptionally high. So, at the moment this is my only takings. I have Four staff currently running the shop and as you can imaging staff cost is a major factor running a business. Because of my age I am unable to cut cost by reducing staff. I therefore would like to sell & move on to a job more suitable to my abilities.

The Lease Rent & Rate

(it is very important you Read this section carefully you may have more questions to ask)

The building is owned by Poplar Harca it’s a big social housing association you can read more about them by visiting their website www.poplarharca.co.uk

The building I occupy is derelict and its ought to get demolished by 2027, this is the date which is given to me by my landlord, they are building new modern and contemporary residential apartment blocks and commercial units. They have pledged to offer all existing retailers’ including myself opportunity to move to their new builds as they demolish the old buildings. My place is not licenced to sell alcohol at present but I have already placed a request to get similar sized unit where I want to trade as a licenced convenience store. This is an opportunity for a new business man/woman who’s looking for a ready-made business to work their way up the ladder to embark onto the next level, because you will begin with miniscule rent and no rate at all and by running this fully loaded shop now you will gain experience and expertise to move forward to your new high-end premises in 2027.

My lease has been expired already in 2022, however, I am allowed to trade until Poplar Harca offers an alternative new build to move to. My lease is on a rolling agreement via word of mouth with Poplar Harca’s management team until 2027. The rent I am currently paying is a discounted rent which will be passed onto the new buyer, it’s due to the place is old and it's going for demolition process in the near future. My current yearly rent is £7,500 only, £625 per month. You may think? well if the lease is expired is it worth buying this place. I would say yes, it’s worth much more actually! A new place similar size you are talking 17 to 20 thousand rent, plus rate around 7 thousand, shopfitting cost, you will be tied into a new lease, you won’t know for sure the place will do well or not, you will have to spend a fortune in advertising. Here all done and dusted, it has been established since 2008, for more than 10 years and local customers are aware of this place first hand. You don’t have to go with Poplar Harca on a new lease, if you find suitable alternatives you can move your business elsewhere anytime you want by giving them short notice, but staying at this location may offers great benefits of all kinds in my opinion. You are buying a blank canvas, when you enter a new lease with Poplar Harca in 2027, you and them decide what best suits for both parties. If I were in my 30’s I would have hold onto this business for much longer. It’s an established business and all established business comes with a premium which buyers should appreciate and accept, and acknowledge the benefits it brings.

Why am I selling this business?

I guess I have reached the end of my days. I am 50 years old and I believe I have had my days of hard work. And it’s time to let the business go to a new hand who is more energy intense and is willing to work hard to progress further.

Can New buyer make money in this business?

If there is a will there is a way. At one time I used to do £6,000 plus, today it’s different because I am nearly 100% reliant on staff. The new buyer needs to have an approach and methodology to establish high-performing team to deliver hard work & successes. Here is an example of what you will make at my business after take over. My current takings are on average of £4,500 per week. Average gross profit margin is 30 to 35% and above taking shrinkage into account let’s say you will make 25% profit on above figure. £4,400 x 25% = £1,125 you will make per week. It’s up to you how you share this amongst your work colleagues and outgoing cost. If you ran the place with les people, you make more money, if you can attract more customers, you make more money.

How Much is this business?

The sale of a company is an important moment in the owner’s life. After all, you don’t sell your life’s work every day, do you? On top this company has future growth potentials. The website this company offers it’s a whole new supermarket of its own, go and visit the site and have a look yourself if you haven't yet www.shop4best.co.uk  when delivery restrictions are lifted it will be a game changer, you can compete with other supermarkets who offers similar online sale & service.

I am looking to sell the business for £100,000 including all fixture fittings stocks and website as well. You step in I step out! Simple easy transaction.

Full training on how to use the till and website will be given.

Suitable Candidate

I am looking for a genuine buyer whose budget is around £100,000 mark, who done market research and know what it takes to establish a new business from scratch, know the difference of buying a running business and starting up from scratch. Who is ready to invest. To ensure my time and your commitment holds value. I would need you to fill a small From to allow me to understand more about yourself. You are most welcome to ask any questions as you like, but when it will come to looking at my lease documents, accounts or to book a time to see my place you will need to pay a holding deposit of £250 to initiate any viewing, or to have access to the lease documents or other private business documents. This deposit is lost if you decide to pull off from buying, it will be deducted from the slae price if you decide to complete the buying process. Having said that, you are welcome to come and vist the shop informally as many times as you like. Only when you are serious to sit on the table for real talks, you must fill that Form and pay a deposit. If you do not have this level of fund in place and or not willing to pay a deposit, you are not a serious buyer to me please ignore and move on. To request the buyer’s questioner or to ask more questions about this business please email me at: (available on request) do not call as I am unable to offer any details over the phone.