Outstanding opportunity to acquire an attractive Delicatessen with Full Free Office in this sought after Cotswolds locality.
We understand the shop has lawful development certificate with permission to place tables and chairs for up to 12 persons to serve drinks and cold food. We further understand that no changes are required to the shop. In our opinion having an excellent opportunity to develop the sandwich bar with seating and providing sandwiches, cakes, teas and coffees on the premises.
At present the shop specialises in Polish Foods.
SINGLE FRONTED MEDIUM SIZED PREMISES. The equipment includes 1 cool display counter, electronic cash register, electronic scales, 1 multi-deck cool display unit, shelving, gravity feed slicing, panini toaster, coffee machine (on lease), 1 upright glass fronted display fridge (on lease) etc.
Kitchen
Staff cloakroom with w.c. and wash hand basin
Large Basement
Turnover
WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 40% approx. At present the Delicatessen specialises in Turkish, Iranian and Russian foods.
Staff
The business is at present operated by a partner with the assistance of 1 part time staff.
We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a current rental of £12,000 p.a. exclusive of rates up to December, 2009, increasing at that time to £16,000 p.a. exclusive of rates up to 2011, with rent to be agreed thereafter.
Uniform Business Rates: £3,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
REDUCED FOR EARLY SALE
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £18,000 plus STOCK AT VALUATION (£10,000/£12,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Reference
G5306
Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.
