Superb Continental Delicatessen | | Worcester Worcestershire | | SUPERB CONTINENTAL DELICATESSEN - WORCESTERSHIRE Early interest and viewing is highly recommended Great market town location with good amenities | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 70818
ADVERT IMPRESSIONS : 4,128 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Delicatessens | | SALE: | Agent Sale | LEASEHOLD: | £49950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | SUPERB CONTINENTAL DELICATESSEN - WORCESTERSHIRE
Early interest and viewing is highly recommended
Great market town location with good amenities
Prominent location in Worcester city centre
Advised annual turnover of £114,852
Sale includes all fixtures and fittings
Scope for outside catering
Genuine reason for sale
LEASEHOLD
Location
The business is situated in the beautiful city of Worcester, Worcestershire. The deli has an ideal trading location set on a busy main access through road leading in and out of the city. The business benefits from having a countless flow of passing motorists and public transport which provides the deli with one of the highest footfalls in Worcester. There is nearby free communal parking which is a huge advantage to all who wish to visit. Worcester is a truly beautiful city and a highly desirable business and residential location. The city is surrounded by glorious landscapes and charming, historic towns and villages with a rich history of culture and architecture. The city and county have a wealth of fascinating, beautiful and exciting places to visit, from the majestic cathedral on the banks of the Severn to the Royal Worcester Porcelain's Museum. Just beyond the city are more delightful places, from the glorious hills and natural springs at Malvern to Elgar's Birthplace Museum. Worcester also benefits from being situated just off the M5 motorway which makes visiting and commuting very easy.
Business History
Meridian Business Sales are delighted to offer to the market this well respected continental delicatessen. The business was set up by our client 8 ½ years ago and is reluctantly being offered to the market due to their desire for retirement. Our client has gone to considerable expense and effort on the presentation of the property and is very generously including all fixtures and fittings within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. Our client informs us that the current annual turnover is £114,852 with a 37% GP. The delicatessen retails fresh breads, wines, cheeses, spices, olive oils, dry pastas, salamis, Parma ham, sausages, frozen Portuguese fish, coffees and soft drinks. The business is owner operated and employs 1 full time and 1 part time members of staff. We believe that there is still huge potential to increase turnover by introducing more take-away food and doing outside catering. This is a superb opportunity and as such Meridian Business Sales recommends early viewing.
Financial Profile
Turnover: £114,852pa
Gross profit: 36.97%
Stock approximately: £6,000
Tenure
Leasehold
Original length: 15 years
Remaining: 11 years
Review: 5 years
Rent: £20,000pa
Opening Hours
Monday: 9:00am - 5:00pm
Tuesday: 9:00am - 5:00pm
Wednesday: 9:00am - 5:00pm
Thursday: 9:00am - 5:00pm
Friday: 9:00am - 5:00pm
Saturday: 9:00am - 5:00pm
Sunday: Closed
Accommodation
Superb well presented glass fronted property in busy parade location, briefly comprising:
GROUND FLOOR
Retail shop with sales and display shelves, serve over chilled deli counter with meat slicer, electronic scales and cash register, coffee machine, drinks fridge and freezer
Preparation room/kitchen with fitted units, bake-off oven, 4 x ring electric hob and oven, fridge, microwave, freezer and wash basin
Store room
Kitchen with sink drainer, fitted units, fridge and freezer
Toilet and wash basin
FIRST FLOOR
Store room with sink drainer and wash basin
Hallway with freezer
Store room with work surfaces
Store room with racking | | | | | | FOR SALE | | | | | REFERENCE: | 2851 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
