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Prime Location Grocery Store/Off-Licence for Sale in Welwyn Garden City, Hertfordshire

Welwyn Garden City, Hertfordshire, ID 232686

Prime Location Grocery Store/Off-Licence for Sale in Welwyn Garden City, Hertfordshire 1
Prime Location Grocery Store/Off-Licence for Sale in Welwyn Garden City, Hertfordshire 1
Asking price:
GBP£250 000
Turnover (per year): £676 000 gbp
Net profit (per year):£78 000 gbp
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Description

Recently set up grocery store for sale.A unique opportunity to acquire a 2,500 square metre premises in a prime location on a leasehold basis. The store has been fully renovated and has received significant investment, making it fully operational and ready for immediate use by a new owner.Located in the town centre of Welwyn Garden City, Hertfordshire, the property benefits from high levels of foot traffic and strong surrounding amenities. It is well positioned near a busy shopping centre, bus station and accessible parking, including one-hour free parking bays directly outside the premises. The location also benefits from nearby transport links and surrounding office developments, contributing to consistent customer flow.The property is considered suitable for a range of uses, including a butcher’s shop, halal butcher with fresh produce section, or a coffee shop offering breakfast and premium coffee.Financially, the leasehold is offered at £250,000 with an annual rent of £52,000. The business has achieved a current turnover of £676,000, with early trading averaging £17,000 per week in the initial three weeks of operation.The store features a modern, spacious layout with well-presented shelving and refrigerated display units for dairy, meat and ready-to-eat products. Established just one year ago, the business has already developed a stable customer base within an affluent area with limited direct competition.The sale is due to partner disputes, with five staff currently in place. Training will be provided to support a smooth transition to new ownership. An active social media presence has been established to support customer engagement.The premises are centrally located alongside other retailers, enhancing its visibility and appeal. This fully fitted retail unit presents a strong investment opportunity with further growth potential.

Details

Real Estate: Lease
Employees (ppl): 5
Reason for selling: Health or personal issues
Square m2: 230
Asking price: 250 000 gbp
Turnover (per year): 676 000 gbp
Net profit (per year): 78 000 gbp
Rent (per year): 52 000 gbp

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