Well-established Wine and Spirit Merchant in Derbyshire

Belper, Derbyshire
REF: R06200

Asking Price:
£79,000
Annual Turnover:
£126,479
Annual Net Profit:
£25,666
Featured
REF: R06200

Overview

Tenure:
Leasehold
Established:
2007
  • Loyal client base
  • Wide variety of products
  • Specialist knowledge
  • Popular tourist town location
  • Fantastic reputation

Now available to the market is this highly popular wine and spirit store based in the thriving market town of Belper in Derbyshire.

Boasting a vast selection of high quality wines, full-bodied beers and refreshing liqueurs, spirits, and champagnes, the store has accumulated steady financial and consumer growth since opening in 2007. Local residents and tourists both value the extensive and unique product offering, favouring the business over chain supermarkets for this reason alone.

With the current owner having 25 years of experience within the retail wine industry and passing WSET courses up to diploma level with distinction, the fact that specialist knowledge and expertise can be offered to those looking for a top of the range beverage is another huge customer attraction. To complete the customer experience, carefully-wrapped, tailor-made gift packages are also available as thoughtful presents for loved ones.

Due to its consistent influx of tourism entering into the area, the store’s popularity is set to continue, allowing any new owner to make profitable gains immediately upon purchase.

Trading from a double-fronted, terraced property located on the bustling high street, the premises layout allows for clear display and easy customer browsing. Upon entry, customers are greeted by the owner and immediately notice the assortment of stock around the shop. A customer counter lies to the front and wooden shelving and glass cabinets line the shop floor. A Toilet and storage rooms are found towards the rear, with additional storage located in the basement.

The business’s highly informative website details the extent of its collection, sourced both locally and from further afield, as well as its contact details and opening times. The need for further promotion has at present not been necessary due to its high footfall location and established reputation within the area.

The new owner would be given a full handover of business operations, as the current owner is willing to stay on for a transitional period.

This is a fantastic opportunity to take on a very successful local specialist off licence which possesses a wide-ranging offering, a loyal client base and outstanding reputation within the local community.

An ideal lifestyle business for a professional wine connoisseur or an enthusiast of unique types of beer, wine and spirits, a new owner could take steps to develop the business further.

Widening its offering even further and creating a large online presence through social media to promote new items would be highly beneficial in attracting new custom. An Ecommerce platform could be introduced into the area if the new owner so wished.

A five day week has been the pattern for 11 years, with trading hours Tuesday-Saturday 10.30am-7.00pm, however this could be extended if desired. Evenings could be used for regular casual drop-in tastings and ticketed events to build further customer loyalty and sales.

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  • Market town location
  • Tourist destination
  • High footfall
  • Other local businesses nearby
  • Public transport and parking nearby
  • Minimal competition
Rent
£10,000
Rates
£170
Lease Term
rolling lease
Lease Expiry
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Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
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Annual Net Profit
XXXX
Stock at Valuation
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Accounts
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Trading Entity
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Current Ownership
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Management Structure
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Number of Employees
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