Retail premises for sale in Church Lane, Banbury OX16

Retail premises for sale
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Property description

Please quote reference B05416

Asking price including the stock.

Hilton Smythe welcomes to the market Sugar Rush in Banbury Oxford. The business has been owned and run by the current vendor for over 7 year in which time it has built up a strong and loyal customer following with plenty of passing tourists popping by and which now due to family commitments this rare and exciting opportunity has now become available.

The business sells a wide range of loose sweets and confectionary along with slush puppies and candy floss with the shop stocking a wide range of retro sweets evoking many childhood memories to new and existing customers.

The site benefits from its size and location within Banbury and represents an excellent opportunity for either an established operator looking for an additional site or an individual or partnership looking to obtain a very affordable business with huge growth potential.

The business would greatly benefit from a stronger on-line presence and selling platform as well as developing the outside candyfloss business which the current owner has nurtured along with no surrounding competition in this sector this area of the business also has huge growth potential.

This is a true turnkey business opportunity with all the equipment included in the sale the business could easily be tweaked with the new owner introducing additional products and services which due to its trading space this site could easily accommodate, an excellent business opportunity for very affordable in-going and running costs in a sought-after trading location.

Situated in the vey sought-after location of Church Lane in Banbury town centre Oxford. The site is easily accessible on foot and by all modes of transport just off the pedestrianised area with plenty of pay and display parking throughout Banbury. The site has the benefit of being located within the tourist sector of the town with plenty of footfall.

Ground floor trading location in amongst a row of businesses on Church Lane Banbury. Front entrance through to main trading area with customer service counter and fitted kitchenette, shelves, racking and display carousels, soft drink and slush puppy machines, mobile candy floss unit, fridges & freezers, drinks chillers and ice cream storage, additional storeroom and WC.

We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £8,500 per annum with 5.5 Years remaining on the current 8 Year Lease.

11.00am to 5.00pm Monday to Saturday.

The business is run and managed by the current vendor with the assistance of 1 x Part time staff member.

Financial Profile
We are advised the business is turning over in the region of £52,000 per annum producing very attractive returns.

There are currently no business rates payable.

Please quote reference B05416

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For more information about this property, please contact
Hilton Smythe Business Sales, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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