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Established in 2008, Isola Buona specialises in the retail of premium Italian food and wine

Newhaven, East Sussex
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Established Deli & Café  East SussexEstablished Deli & Café  East SussexEstablished Deli & Café  East SussexEstablished Deli & Café  East SussexEstablished Deli & Café  East SussexEstablished Deli & Café  East Sussex
  • Leasehold: £120,000 (Stock at valuation)
  • Rent: £25,000 (£2,083 per month)
  • Turnover: £290,700 (£5,590 per week)
  • Profit: On request

Key Features

  • Leasehold premises
  • Fully equipped sales area
  • Fully operational with existing infrastructure
  • High repeat client base

Business Details

Established Deli & Café East Sussex

Established in 2008, Isola Buona specialises in the retail of premium Italian food and wine and has built an excellent reputation throughout Sussex for quality and service, supported by a loyal and repeat customer base. This is a rare opportunity to acquire a well-established deli and café business in East Sussex, complete with extensive warehouse facilities. The sale includes all business equipment, fixtures and fittings, together with the goodwill of the business, allowing a new owner to continue trading immediately. The business benefits from two established revenue streams through its deli/café operation and e-commerce website. Located on a well-connected industrial park in Newhaven, the premises offer excellent access for deliveries, generous customer parking, and substantial warehouse space suitable for storage, wholesale distribution, food production, or other commercial uses.

The warehouse facilities have not been utilised by the current owners for the past two years, as the business now operates solely as a deli and café, presenting clear potential for further growth. The current owners will provide a comprehensive handover to ensure a smooth transition.

THE PREMISES:The business operates from a 3,661 sq ft warehouse unit in Newhaven, offering excellent access for deliveries together with convenient customer parking. The premises have been thoughtfully configured into a number of distinct operational areas, creating an efficient and practical working environment. To the front right-hand side of the unit is the self-contained deli/café, accessed via its own entrance door at the front of the premises. Upon entering, there is a large chilled display cabinet and serve-over counter, together with a two-group coffee machine and grinder. The area is further enhanced by custom-built shelving displaying a wide range of products, along with one upright chilled display units. Customer seating is available for 10 covers internally, with a further 8 covers positioned to the front of the unit. The main warehouse occupies the left-hand side of the premises and includes substantial shelving for dry goods storage, a dedicated food preparation area, a large walk-in chiller, and a smaller walk-in fridge. In addition, there is a mezzanine floor currently utilised as office space, providing useful ancillary accommodation. The premises are also fitted with CCTV.

 

TURNOVER: The business benefits from two established revenue streams, comprising café/deli sales and online sales through its e-commerce website, providing a well-balanced and diversified income. The business is owner-operated, with the vendor overseeing the café/deli with the assistance of two full-time staff members. The deli/café currently trades from 9:00am to 5:00pm, Tuesday through to Saturday. The business achieves an average weekly turnover of approximately £6,000, generated from 95% from the deli and café, and 5% from online sales.

 

ALCOHOL LICENCE:  Premises no  -LN/20014/00036

 

TENURE:  The premises are currently held on a full repairing and insuring lease, which has approximately 1 year remaining on the lease, at current rental of £25,000 per annum and the lease is due to expire on 20th January 2027. The lease has the protection of the 1954 Landlord and Tenant Act. The landlord has agreed to grant a new lease to the purchaser.

 

RATES: The rateable value is £28,750 per annum and the current rates payable £7,920 per annum, due to the small business rate relief scheme. Prospective occupiers should make their own enquiries to verify same.

 

GENERAL REMARKS: Specialising in premium food and wine from Italy, Isola Buona has established an excellent reputation for quality produce and outstanding customer service, as reflected in its very strong reviews and loyal customer base. The business benefits from two established revenue streams, café/deli sales, and online sales through its e-commerce website, providing a well-balanced and diversified income. Situated on an industrial park in Newhaven, the premises offer convenient access for deliveries together with ample parking for customers, making it an ideal operational base. The vendors are happy to provide a full handover to ensure a smooth transition for any incoming purchaser. This is a superb opportunity to acquire a unique and well-regarded specialist food business with excellent goodwill and further growth potential.

 

PRICE: We are instructed to quote for the lease, goodwill, premises licence, fixture, and fittings £120,000 SAV. (Open to negotiation)

 

LEGAL FEES:  Each party to pay for their own legal costs.

 

VIEWING: On no account should any approach be made to the staff without a prior appointment through the vendor’s sole agents, Watkins Commercial, Telephone: 01273 709090. 

 

ENERGY PERFORMANCE CERTIFICATE:  The premises was rated a band B, the full report is available upon request. 

 

DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement.

 

The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order.  The buyer is advised to obtain verification from their solicitor or surveyor before proceeding with the purchase.

 

VAT:    All prices and rents are quoted exclusive of VAT.  Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

 

MORTGAGE & FINANCIAL PLANNING:  We shall be pleased to assist any purchaser in arranging finance to acquire this business or any other business you may be considering subject to status. 

 

Prop. Ref:        6942C

 

These particulars are believed to be correct but their accuracy is not guaranteed and

they do not form any part of any contract

 

APPLICANTS CONFIDENTIALITY AGREEMENT

I understand and agree that any information regarding any business supplied to by Watkins Commercial will be kept strictly confidential.  I also undertake that I will:

 

i)                View businesses registered with Watkins Commercial by appointment only.

ii)               Not contact any owner, staff, suppliers, competitors or customers of any business registered with Watkins Commercial

iii)              Not pass on any information supplied by Watkins Commercial to any third party other than a professional advisor et. Bank, solicitor, surveyor accountant, etc.

iv)              Submit any offers direct to Watkins Commercial with whom I will conduct all negotiations

v)               Be liable for any commission which would have been due to Watkins Commercial should I be party to negotiations or actions which seek to preclude, or are contrary to the interest of Watkins Commercial.


 

 

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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