Shop for sale

Lilleys Greengrocers & Pet Food Shop, 8 Reynolds Road, Ipswich, Suffolk, England, IP3 0JJ

£265,000

Property Description

Commercial information

  • Business for sale

Key features

  • Total sales Y/E 31/03/2018: 130,252
  • Gross profit Y/E 31/03/2018: 49,273 (37%)
  • Greengrocer & specialist pet food business
  • First time buyer opportunity
  • Possible conversion to other retail business
  • Energy Rating C

Full description

Tenure: Freehold

Description

A linked, terraced property constructed of brick elevations under a pitched tiled roof, forming part of a traditional, purpose built shopping parade containing a mixed use of retail businesses. The former flat is located above and could be converted back to living accommodation and can be accessed either via a separate entrance or via an entrance to the rear of the store.

Location

The business is located within a busy, purpose built shopping parade on the eastern side of Ipswich and is situated in a central and unopposed position surrounded by housing estates.

Ipswich is the county town of Suffolk and can be reached via the A12, with London approximately 70 miles to the south and the A14, with Cambridge approximately 55 miles to the west. Ipswich also has a mainline intercity railway link direct to London Liverpool Street.

Internal Details

A traditional greengrocers and pet food shop, offering an extensive range of fresh and local vegetables, a small range of convenience goods, soft drinks, pet food products and exclusive pet food products, which are primarily racing pigeon products. There is an advised floor area of approximately 400 sq ft.

To the rear there are two stockrooms, a kitchen and staff WC. Additionally, there are two further stockrooms, one located on the first floor and another in the garage.

Fixtures & Fittings

We are advised by our clients that all of the trade fixtures and fittings are owned outright.

External Details

The well established and long running business has a highly visible position in the shopping parade and benefits from off road parking for approximately 30 vehicles. To the rear of the business there is access from a side road, which is used for both deliveries leading to the garage and a car park.

Owner's Accommodation

The former flat is now being used as a stockroom/storage area and could be converted back to living accommodation with a suitable level of investment.

The Opportunity

This is a rarely available, traditional and popular business, which is highly respected within the local pet food and specialist pet food business, with a loyal and regular customer database. It has been owned by our clients since 1982 and is for sale due to retirement.

Staff

The business is run by a husband and wife team, with the assistance of three part time members of staff.

Trading Information

Total sales for the year ended 31 March 2018 were £130,252, with a gross profit of £49,273.

Further and more detailed trading information will be made available to interested parties following a formal viewing of the business.

Trading Hours

Monday, Tuesday, Thursday, Friday & Saturday 7:00am to 5:30pm
Wednesday 7:00am to 1:00pm

Business Rates

The Rateable Value is £5,800 for the year commencing April 2017.


More information from this agent

Nearest stations

  • Derby Road (1.1 mi)
  • Ipswich (1.8 mi)
  • Westerfield (3.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Ipswich

Hyde Park House Crown Street, Ipswich, IP1 3LG

01472 565052 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Derby Road (1.1 mi)
  • Ipswich (1.8 mi)
  • Westerfield (3.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Ipswich

Hyde Park House Crown Street, Ipswich, IP1 3LG

01472 565052 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 1418199-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co , Ipswich. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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