gs

Jonathan

sellertype

Private

Posted

6 days ago

description

Business for sales, Business Premium: £10,000

Turnover: circa £60k (currently run on limited trading hours)

No.19 is a traditional sweet store with exclusive offerings for tobacco, sweet lovers and gift givers. The store has a huge selection of tobacco, cigars, vapes, sweets, fudge, and drinks on offer, providing a diverse income stream.
The store is strategically placed centrally in the historic cathedral city of St Albans and has attracted tobacco lovers from the local area and beyond with the businesses extensive product offering with hard to source products being a niche for this business.

The business has built a strong reputation for quality products and excellent service at an affordable price-point resulting in a loyal customer base. The store is located in close proximity to the private St Albans School as well as a number of primary schools in the immediate vicinity, providing a steady footfall of customers throughout the day.

No.19 is situated on a busy, idyllic road close to the busy main high street in St Albans surrounded by a selection of fine restaurants and boutiques. George Street is located on a busy junction in the heart of St Albans with a large pavement to the front allowing for passing trade and ongoing brand awareness with the high-end finish and traditional store frontage.

The road also attracts a large volume of tourists and passing trade throughout the year due to its proximity to St Albans Cathedral and Verulamium Park, both major attractions in the town.

PREMISES

The premises is made available by way of a lease assignment with the current annual rent being £18,500 per annum on a 10-year lease with a break clause in year 5. The store is presented to an extremely high standard and offers a turnkey

opportunity to an incoming operator. There is a retail frontage and a substantial downstairs store room, vanity room and WC.

Viewing is essential to appreciate the opportunity and quality of the store.

location

St Albans, Hertfordshire