Profitable herb and health foods shop

Ref : G2105

Price

Leasehold : £55,000.00 SAV Sole Agents

Unless otherwise stated all rental figures and asking prices quoted in the above details are exclusive of any Value Added Tax that might be applicable.

  • Profitable herb and health food shop.
  • Excellent city centre trading position.
  • Modern lock-up premises comprehensively fitted and equipped throughout.
  • Renowned and well established trading concern.
  • Turnover approx. £468,000 per annum with adjusted net profit before staff wages approx. £140,000.
  • Retirement sale after 50 years.
  • Genuine potential to develop.
  • Viewing strongly recommended.

This renowned and extremely well established business enjoys a highly sought after trading position in Mayflower Street, one of the main shopping thoroughfares within the city centre of Plymouth.  There is a full and varied selection of businesses represented nearby including numerous multiple concerns as well as the high street banks and building societies.  It is also within comfortable walking distance of Plymouth’s expanding university and is also adjacent to numerous halls of residence, one of which is Beckley Point, Plymouth’s tallest building which, when complete, will provide over 507 student flats.  Consequently, the business enjoys a consistent and profitable year round trade.

Plymouth, with a population of over 250,000 is the largest city in the West Country.  Largely rebuilt since World War II it is now a thriving industrial and commercial centre and is still one of the Royal Navy's principal base and warship repair dockyards.  The city has excellent educational, recreational and entertainment facilities and access to the rest of the country is gained by road via the A38/M5 motorway and by rail.  Europe is also accessible by the car/passenger ferry which is operated from its terminal at Millbay Docks.  

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Office Address

Huntley & Partners
Spargo House
10 Budshead Way
Plymouth
Devon
PL6 5FE

Telephone

01752 206020

(24hr answering service)