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WELL PRESENTED & POPULAR DELICATESSEN

Price:
Leasehold - £30,000
Seller Ref:
2883
Location:

West Midlands

Business Type:

Food Service Businesses, Retail businesses

See Other:
Cafés for sale in West Midlands
Coffee shops for sale in West Midlands
Sandwich shops for sale in West Midlands
Tea rooms for sale in West Midlands
Delicatessens for sale in West Midlands
Food service businesses for sale in West Midlands
Retail businesses for sale in West Midlands
Description:
THE BUSINESS:
WELL PRESENTED & POPULAR DELICATESSEN - WOLVERHAMPTON
Situated in the highly desirable area of Wombourne
Early viewing is highly recommended
Advised annual turnover of £50,000
Scope for further development
Genuine reason for sale
Recently refurbished
LEASEHOLD


Business History

Meridian Business Sales are delighted to offer to the market this superb delicatessen which was established by clients in 2011. Our clients are reluctantly offering the business to the market due to their desire to concentrate on other business interests. Since the business was established they have undertaken a full programme of refurbishment meaning that the business is in full walk in condition. Our clients inform us that annual turnover currently runs at £50,000 with a gross profit margin of 46% which is derived from the sale of fresh breads, cheeses, spices, olive oils, dry pastas, salamis, hams, sausages and fish. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.
Location Details:
The business is situated in the beautiful and highly desirable village of Wombourne, Wolverhampton. The shop sits within a very well presented retail arcade on one of the village's busy high streets. The shop benefits from having a wide variety of neighbouring commercial businesses and retailers which draw shoppers and visitors to the area throughout the year. Wombourne is a hugely popular and very desirable residential location which in turn supplies a large local trade within a short travelling distance. Arguably one of the largest villages in the UK, Wombourne offers very fine housing, good schools and NHS services, reliable public services, beautiful neighbouring countryside and a very welcoming friendly community. The business also benefits from being easily accessed via Wolverhampton, Dudley, Telford and the close by motorways M5, M6 and M54 which is a huge advantage for all.
Lease Terms:
Leasehold Original length: 1 year Remaining: 8 months Rent: £6,000pa
Accommodation:
Well presented glass fronted property with highly visible advertisement signs, briefly comprising of: Secure entrance leading to Open plan retail area with front serving area and chilled serve-over display counters. Free standing shelving and racking displays Upright display fridge Behind counter preparation/work area with cash register, PDQ, meat slicer, scales and wash basin. Rear private area Storage area Toilet with wash basin External access
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