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ESTABLISHED RETAIL BUSINESS*, Chocolate Gourmet, 16 Castle Street, Ludlow, Shropshire, SY8 1AT

For sale: £45,000.00|213 Sq Ft|Other, Retail - High Street, Other Property Types & Opportunities, Retail

Property details

FOR SALE£45,000.00
SIZE213 Sq Ft
ADDRESSESTABLISHED RETAIL BUSINESS*, Chocolate Gourmet, 16 Castle Street, Ludlow, Shropshire, SY8 1AT
TYPEOther, Retail - High Street, Other Property Types & Opportunities, Retail
TENUREBusiness for sale, For Sale Freehold
POSTED ON21st December 2021

Description

The business trades from a shop unit and basement area in a Georgian building forming part of a substantial property in the town centre of Ludlow. The ground floor shop is accessed from a shared ground floor entrance directly off Castle Street and provides a Total Net Internal Sales Area of approximately 213 ft sq (19.77 m sq) and in the basement area comprising of a staffroom area of approximately 62 ft sq (5.73 m sq), stores of approximately 95 ft sq (8.82 m sq) and toilet which is accessed via shared stairwell within the property.


BUSINESS
The business provides a long established retail business trading in the sale of chocolates and confectionery and is only offered for sale due to the retirement of the owner. The business has established an enviable reputation and repeat trade and is located over looking Castle Square in the sought after town of Ludlow.

The business currently trades:
Monday to Saturday - 10am - 4pm

There is potential for further expansion of the business which can be appreciated upon undertaking an inspection of the business.
The business has the following website:
https://chocolategourmet.co.uk/

The business is currently run by the sole proprietor with assistance from part time staff.

The business has a Turnover of approximately £81,500 and further financial information including audited accounts can be available to genuinely interested parties.


The property comprises of part of the ground floor and part of the basement of a substantial property is located fronting onto Castle Square in the town centre of Ludlow.

The surrounding retail occupiers include White Stuff, M and Co, Wine Merchant, Oska, Bookshop, Bakery, Visitor Centre and Cafe. The town also benefits from a long established market trading 6 days a week, in addition to the regular Sunday antique and flea markets.

Ludlow is an established market town and administrative centre serving the south of the county of Shropshire. The town also benefits from a strong tourist trade due to it's wealth of historic buildings and annual events including the acclaimed Food Festival, the Medieval Festival and Classic and Historic Car Rally.

Ludlow is situated approximately 30 miles from the county town of Shrewsbury and approximately 24 miles from the City of Hereford, which is to the south.

Established retail business in sought after town of Ludlow selling chocolates and related confectionery

Long established leasehold business for over 22 years

Prominently located in the sought after town of Ludlow

Reluctantly offered for sale due to retirement

Potential for further growth








( Agency Pilot Software Ref: 49008 )

Location

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Location: ESTABLISHED RETAIL BUSINESS*, Chocolate Gourmet, 16 Castle Street, Ludlow, Shropshire, SY8 1AT

Ludlow (0.3 miles)

Craven Arms (7.0 miles)

Broome (7.9 miles)

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