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Shop for sale

37 Cressy Road, Alfreton, Derbyshire, DE55

Leasehold 23 sq. m. | £18,950

Property Description

Commercial information

  • Business for sale
  • 247 sq ft (23 sq m)

Key features

  • Ref:13285

Full description

Tenure: Leasehold

The Sweet Shop is located in the historic the town of Alfreton, Derbyshire.

The popular sweet shop is situated on a residential side street just off the main road through the town of Alferton. In the vicinity is also a beauty salon, Indian restaurant and a hair salon. The business benefits highly from passing trade in the area. Alfreton has a of circa 32,447 as per the 2011 census.

The area has a public transport system running within the town and has several bus stops within the area, the closest bus stop is next to the business. Alfreton train station is a 5-minute drive away from the business with services that go to destinations such as Liverpool Lime Street, Sheffield, Nottingham, Leeds and Ilkeston. Alfreton Rail Station is located half a mile away from The Sweet Shop.

Hilton Smythe are proud to present to the market The Sweet Shop. The business was established in 2009 and our clients took ownership of the business in 2015 but have reluctantly decided to sell due to wanting to move on and try new things.

The Sweet Shop is a traditional, old fashioned and well-loved sweet shop displaying a vast array of sweets and chocolates waiting to be weighed out for customers. The property is filled with colourful jars filled with treats. The business also specialises in hand made gifts such as Christmas, birthday and wedding hampers.

The business currently has its own Facebook page which is posted on daily with updates on the shop, pictures of hampers made and new products. The new owner could create a website for those customers who don't have social media can keep up to date as well. The Sweet Shop is very popular with the young and old in the area.

According to the 2016 accounts The Sweet Shop has a reported turnover a figure of 11,000 with a gross profit circa of 47%. However, we feel there is a scope to improve by possibly catering for wedding's and parties, as there is already a sweet card ferris wheel, they could also introduce new products like slushies and ice creams and possibly increase open hours to a Wednesday.

We feel an early viewing on this business would be highly beneficial to avoid disappointment.

The business premise is a double storey property with a bright and colourful exterior which will catch your eye if you are walking by.

The interior to the business is filled with shelves of sweets and chocolates. The property is also fitted with a counter that is completed with a till, card machine, hot water urn, 2 scales, 2 milkshake mixers', CCTV camera and there is a flat screen television fitted to the back wall behind the counter that shows pictures of different sweets, chocolates and treats within the store.

To the back of the property there is a storage room / office found fitted with a Bluetooth CCTV camera, storage raking and a sink. There is also a separate door leading to a bathroom.

We are advised that the business is Leasehold.
We are advised that the original lease length is 6 years and there are 5 years remaining.
Rent: 4,400 per annum.

The business is open from:
Monday: 9:00am - 4:00pm
Tuesday: 9:00am - 4:00pm
Wednesday - Closed
Thursday: 9:00am - 4:00pm
Friday: 9:00am - 4:00pm
Saturday: 9:00 - 4:00pm
Sunday - Closed

The business is currently run a owner run and managed.

The business reports an annual turnover of 11,000 per annum and has a gross profit of 47%.

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