Hilton Smythe is delighted to welcome to the market this well-established delicatessen/general store in Ashford-in-the-Water, Derbyshire. The business was established in 1900 and has been in our clients' careful ownership since 2000. Only now is the business being offered to the market due to our clients' wish to take well deserved retirement. The business is open 7 days per week and generates a turnover in the region of £352,787 per annum, with a gross profit of 24%.
Our clients' offer a wide range of quality produce including convenience lines, fresh fruit and vegetables, and newspapers and magazines, as well as delicatessen products, which are locally sourced produce. Our clients also offer freshly prepared sandwiches, as well as a small local delivery service, which we feel could be expanded.
The shop has an excellent reputation within the area and is well supported by the local community with a very loyal customer base and a large amount of repeat custom. We feel the turnover could be increased by extending the opening hours and perhaps extending the range of products available. This is an excellent opportunity for a new owner to take this already thriving and profitable business to the next level; therefore early viewing must come highly recommended.
TENUREWe are advised Leasehold:
Original lease length: 15 years
Remaining lease length: 1 year
Review every: 5 years
Rent: £140 per week
We are advised that the landlord would be willing to extend the lease when the current 1 year lease length left has expired.
HOURSThe business is open:
Monday - Sunday: 6.00am - 6.00pm
STAFFThe business is owner run and managed with 2 x full time and 5 x part-time staff members.
FINANCIAL PROFILEThe business generates a turnover in the region of £352,787 per annum, with a gross profit of 24%.
Ibbotsons of Ashford is ideally located on Church Street in the very quaint village of Ashford-in-the-Water, Derbyshire. The business is mainly surrounded by residential properties and benefits from a lot of footfall and passing trade. There is free on-street parking to the front of the property. Ashford-in-the-Water is a village in the Derbyshire Peak District and is on the River Wye. The village is known for the quarrying of Ashford Black Marble, which is a form of limestone. The area is popular with tourist, cyclist and walkers who visit the beautiful Peak District National Park.
The village is well served by the public transport system with several bus stops well within walking distance of the property. The nearest railway station is Grindleford, which is approximately 6½ miles away. The area is well served by the A-road system with the A6020 and A6 being in close proximity to the property, which link to the vast A-road and motorway networks. Buxton is approximately 11 miles away and Chesterfield is 14 miles away.
Double fronted, ground floor lock-up premises, briefly comprising:
Ground floor with:
Racking and shelving to perimeter walls to suit trade.
Fruit and vegetable chiller unit.
Confectionery display unit.
Newspaper/magazine display area.
Greeting card display.
Jams and preserve display unit.
Gift wrapping display stand.
Delicatessen display chiller.
Ice cream freezer.
Electronic weighing scales.
Serve over display counter with EPOS system.
Tobacco display gantry.
Glass serve over chiller unit.
2 x microwave ovens.
To the rear with:
Kitchen area with microwave oven.
Hand wash basin.
Signed canopy above doorway.
Fruit/vegetable and flower displays.
Free on-street parking.