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CHAPMANS WINE MERCHANTS FOR SALE
Location: Eastbourne, East Sussex
Description
This leasehold property is on a prime high street location in the centre of Meads Village. There are 9 years left on the 10 year lease and the rent is £12,500 per annum.
Having secured and grown a solid local repeat retail customer base (from £169k in 2019 to £240k end of 2023), Chapman has built wholesale/trade sales from £0k in 2020 to £60k in 2023. This has been achieved as sole owner/operator with no staff.
With additional staff support the business has growth potential across wholesale, retail and e-commerce areas.
The premises has plenty of below ground cellar space with floor plan/foot print same as ground floor.
2023 sales were £300k and is essentially at break even.
A handover period can be discussed if required.
