Business for sale

Business description

THE BUSINESS
Advent Business Sales are pleased to have been instructed to offer to the market this well established and profitable delicatessen with excellent future potential.

Founded by our client 14 years ago, the business is only now being reluctantly offered for sale as he plans to retire.

The deli offers an excellent wide stock selection which includes:
• Cooked meats
• Cheeses
• Cakes
• Locally made pies, pasties and sausage rolls
• Breads (bake off)
• Beers, wines and spirits
• Large choice of party foods and appetisers

They also supply seasonal bespoke hampers.

Hand-made sandwiches are supplied on a very regular basis to local offices close to the deli and cheese and wine evenings prove very popular.

Sales which are circa £150,000 are split approximately 50% delicatessen, 40% home made sandwiches served from the shop and 10% outside catering to local offices.

90% of trade is local and 10% is from its own dedicated on line web site.

We are advised that stock at cost is approximately £14,000.
REF: 9070HP

STAFF DETAILS
The business employs one full time member of staff and one part timer, who works approximately 8 hours per week and our client full time.

TRADING HOURS
Mon-Fri: 8.30am – 6.00pm
Sat: 9.00am – 4.00pm
BUSINESS PREMISES
Very attractive and very well presented throughout, these terraced ground floor premises provide excellent accommodation consisting briefly of:

Ground Floor
• Centre entry door with recessed bay windows either side into the main sales area with a full range of modern fixed and free standing display furniture
• 6m glass fronted refrigerated display serve over counter
• Single door chiller
• Other equipment includes: espresso machine, ham slicer, soup kettle and 2 coffee grinders
• Rear of shop is a storage area/office with 1 upright and 2 chest freezer and bread oven
• Kitchen and w/c
• Back exit to rear parking


Tenure: Leasehold
Original lease: 10 years
Remaining lease: 6 years
Review every: 5 years
Rent: £8,520 PA

We are advised that the annual business rates are currently: £6,240 (under appeal)