Search more Delicatessens for sale in Berkshire
Reference G8190

Delicatessen and Off Licence in Berkshire For Sale

Delicatessen and Off Licence in Berkshire For Sale
Delicatessen and Off Licence in Berkshire For Sale Buy a Delicatessen and Off Licence in Berkshire For Sale Sell a Delicatessen and Off Licence in Berkshire For Sale Delicatessen and Off Licence in Berkshire For Sale for Sale Delicatessen and Off Licence in Berkshire For Sale for Sale Delicatessen and Off Licence in Berkshire For Sale for Sale Delicatessen and Off Licence in Berkshire For Sale for Sale Delicatessen and Off Licence in Berkshire For Sale for Sale Delicatessen and Off Licence in Berkshire For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, sought after, BERKSHIRE

Turnover 3,000
Price 69,500

Features

Most Attractive Delicatessen Plus Full Free off Licence (granted March, 2018)

ATTRACTIVE DOUBLE FRONTED SALES SHOP approximately 428 sq. ft. sales area with woodstrip floor, ceiling with LED spotlighting, attractive wooden shelving, cool display serveover counter with refrigerated storage section, electronic scales, glass topped chest deep freezer, upright glass fronted fridge.

REAR ROOM with 2 sinks & wash hand basin. In our opinion this room could be utilized as a kitchen, if desired.

3 small storerooms

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turover is in the region of 3,000 p.w. It should be noted that the off licence for the sale of wines, beers & spirits was only introduced in March, 2018 & in our opinion has further potential in this direction. The Delicatessen does not offer sandwiches/lunch time food or outside catering & in our opinion there is potential to further increase the business in this direction. We are further advised that the sales year ending June, 2017 showed 148,410 with a gross profit of 56,814 i.e. 38%. The business has the advantage of having an on line shop.

Staff

At present operated by a lady vendor & no staff are employed.

Trading Hours

Tuesday - Saturday inclusive - 10 a.m. - 6 p.m.
CLOSED SUNDAY & MONDAY
In our opinion there is potential for additional opening hours, if desired.

Tenure

The premises are held on a secure renewable lease, the present lease expiring in January, 2019 at a rental of 12,000 p.a. exclusive of rates. We further understand that the landlord is prepared to grant a new 10 years lease at a rental of 12,000 p.a. exclusive of rates for the first 5 years with rent review at that time. We understand the landlord has stated that the rent will be increased at the rent review to 13,250 p.a. exclusive of rates or the open market rent whichever is the higher.

Uniform Business Rates: Nil payable at present after small business relief

WE UNDERSTAND THE BUSINESS WOULD BENEFIT FROM A PARKING PERMIT WHICH WE UNDERSTAND CURRENTLY COSTS 100 PER YEAR FOR 24 HOUR PARKING AND WE FURTHER UNDERSTAND THAT THIS PARKING PERMIT IS CURRENTLY ONLY AVAILABLE FOR RENEWAL OF EXISTING HOLDERS

OUTSTANDING OPPORTUNITY TO ACQUIRE A MOST ATTRACTIVE DELICATESSEN COMBINED WITH FULL FREE OFF LICENCE IN THIS SOUGHT AFTER LOCATION.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 69,500 plus STOCK AT VALUATION (10,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 34,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Delicatessens for sale in Berkshire

Buy a Delicatessen and Off Licence in Berkshire For Sale on NationwideBusinesses.co.uk