Delicatessens for sale in South West London

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Imran Ahmed (Nov 2014)
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Leasehold Price: £65,000 Annual Turnover: £155,000 Annual Net Profit: £1
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Business Description
A well-established delicatessen in south west London. The shop has an excellent trading position in the middle of a parade of mixed retail independents. It is situated in a densely populated, affluent residential area of south west London, attracting local residents, lunch-time office workers from the many small businesses nearby as well as custom from further afield. The street enjoys free parking, unusual in London.
The shop front has a half glass frontage with a pavement canopy. The trading area was redesigned in 2014 and has wooden floors, spot lighting and several glass display units for own-made food, cheese, drinks refrigeration, ice cream freezer, coffee machine and grinder. There is a wall-mounted air conditioning unit.
A storage room adjoins the main retail area with separate kitchen and scullery. Some of the storage space could accommodate tables for light lunches and coffee. In the warmer months, income is boosted by 6-8 covers from pavement tables. There is an off sales wine licence.
This has 2 electric ovens, 2 hobs with 4 rings each, stainless steel work tops, 2 refrigeration units, food mixers, chest freezer and dishwasher in a separate scullery with separate storage area.
Income is mostly generated from own-made food cooked in the on-site kitchen boosted by retail shelf sales.
The shop is run by the owners 6 days per week with 2 staff in the kitchen - a chef and a kitchen assistant. Trading hours are Monday to Saturday, closed Sundays.
Leasehold, a 10 year lease which expires in 2020. The lease is renewable within the Landlord and Tenant Act.
Rent is £15,000 p.a.
Business Rates £3,200 p.a. payable for 2016/2017
Turnover £155,000pa

Selling Price £65,000 to include lease, goodwill, fixture & fittings plus stock at value.
Accounts available upon agreement of total confidentiality of sale and bank references.
Email enquiries to
Trading Hours:

10.00am-6.30pm Monday-Friday
9.00am-6.00pm Saturday
Closed Sunday & Bank Holidays
2 weeks at Christmas & New Year

Number of Employees: 1-5

Tenure: Leasehold

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