Description
We are pleased to present a unique opportunity to acquire a 2500-square-meter premises in a prime location for sale on lease. Meticulously renovated, this store has received substantial investment to ensure it's turn-key ready for a prospective buyer.
Situated in the vibrant town center of Welwyn Garden City, Hertfordshire, the property enjoys high foot traffic, making it ideal for businesses such as a butcher's shop, particularly a halal butcher with a fresh produce section, or a coffee shop offering traditional British breakfast and premium coffee.
Key location benefits include its proximity to a busy shopping center, bustling bus station, and accessible parking options, including one-hour free bays right outside the store. The location is a must-stop for the local train line, with multiple trains passing through this prime spot. Neighbouring offices contribute to a steady flow of potential customers.
Financially attractive, the property is offered at a leasehold price of £250,000 (offer is negotiable with serious buyers) with an annual rent of £52,000. Impressively, the store has achieved a current turnover of £676,000. First 3 weeks of the business averaged £17,000 per week. The store features a modern, spacious layout with pristine, well-stocked shelves that offer a variety of grocery items and international foods. It includes refrigerated displays for dairy, meats, and ready-to-eat meals, enhancing the customer shopping experience.
Established just a year ago, the business has already demonstrated significant turnover growth, attracting a stable customer base within an affluent village setting. Despite limited nearby competition, with only two of the six major supermarkets present, there remains substantial potential for further business development or alternative uses.
The sale is primarily due to partner disputes, and there are five employees currently managing operations. In support of a seamless transition, training opportunities will be offered to new owners. Social media presence has been initiated via Instagram to further engage with the community.
Amenities in proximity, coupled with the store's central position adjacent to multiple retailers, enhance its attractiveness. This fully fitted and unique small business in an affluent community presents a valuable investment opportunity with considerable potential for growth.