Delicatessens for sale in Chester

View the "Bespoke Chain Of Four Wine Merchants & Food Halls" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Mrs Herbert (Nov 2017)
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Leasehold Price: £299,950 Annual Turnover: £678,129 Gross Profit: £277,725
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Business Description
4 Fantastic Trading Locations In Affluent Areas
Combined Annual Turnover £678,129
Gross Profit £277,725
Operated With Management In Place
All 4 Have 5* Food Hygiene & Alcohol License
EPC - D
REF 6431 –Bespoke Chain Of Four Leasehold Wine Merchants & Food Halls

Blacks Brokers are pleased to bring to the market this bespoke chain of four leasehold wine merchants & food halls located - 3 Banks Road, West Kirby, Wirral, CH48 4HD, 4 Godstall Lane, Chester, CH1 1LN, 72 Main Street, Frodsham, WA6 7AU & 124a Telegraph Road, Heswall, CH60 0AQ. Their website is www.whitmoreandwhite.co.uk.

INTRODUCTION

Whitmore & White was established by our client in 2014, having a passion for good food and drink. Initially starting with one branch, the business soon grew due to demand and our client secured expansion into an additional three locations. Whitmore & White is a unique kind of food and drink merchant - they source products that are different and import it directly, they also offer a whole host of locally produced produce that is found by visiting artisan markets and by customer recommendation. The business also makes its own fresh food. Whitmore & White won the prestigious “Best Deli In Cheshire” award in both 2016 and 2017. The business has a comprehensive website in place with an online shop – this also allows for bespoke hamper creation and many other gift choices and vouchers. Our client has also secured a good social media presence, using Facebook, Twitter and Instagram.

LOCATION

There are four branches as mentioned above - West Kirby on the Wirral, which is the flagship store, supported by Frodsham, Heswall and Chester. Each location has been carefully chosen by our client to ensure a good amount of local, repeat trade along with a large amount of passing trade and high footfall. All locations are easily accessed via the M53 and M56 close to Ellesmere Port. All areas have excellent public transport links and parking is available close by.

REASON FOR SALE

The business would be ideally suited to an existing similar business looking to easily expand, or a hands-on owner-operator who could fulfill an area manager type role as all outlets are currently operated by staff only due to the demands of our client's other business commitments being higher than anticipated.

LEASE

The buildings are all available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. Please note: this information is correct as of July 2018.
West Kirby – the current lease runs at a cost of £394 per week with seven years remaining. Frodsham - the current lease runs at a cost of £230 per week with two years remaining. Heswall- the current lease runs at a cost of £182 per week with five years remaining.Chester - the current lease runs at a cost of £365 per week with five years remaining.

BUILDING LAYOUT AND DESIGN

West Kirby – this is the business’s flagship branch and offers both a retail outlet and customer seating for 22 within the café bar. It is positioned on the main high street in West Kirby close to a range of other local shops as well as many large multiples. The business has clear branding and signage displayed above a mainly glazed frontage. This branch also has a fully equipped commercial kitchen on the first floor which produces food for all of the other locations.

Frodsham – this branch is also a combination of retail outlet and café bar. It is positioned on the main high street within Frodsham, as with the West Kirby store, it is close to a range of local businesses and large multiples. The branding is again displayed on good quality signage above a fully glazed frontage. Inside, the café bar offers seating for 18 and is presented in a similar manner, with wooden flooring throughout. Seating is available to the front of the business in finer months and there is an impressive winery to the rear.

Heswall – the Heswall branch is a retail outlet only. Operating from a well presented, single storey retail property, the business is again fully branded as per the other branches with attractive window display and signage. This branch has its own small car park adjacent.

Chester – this branch is positioned within a bustling area of Chester and as with the Heswall branch, this is a retail outlet only. The shop is beautifully presented with large bay windows to the front and welcoming entrance area. Inside, the shop follows the above theme and is presented to a very high standard. This branch has the addition of a superb tasting room that is positioned within the lower ground floor.

All four locations have been designed to allow flexibility in the space, and all four hold regular tasting events in store, as well as being available for private events.

STAFF

The business is currently operating with a range of staff split across all four branches. There are 14 members of staff in total – this includes four full time store managers, a warehouse manager and retail assistants. Our client is not involved in the day to day running of this business.

FINANCIAL DETAILS

Whitmore & White has traded solidly since opening and our client has ensured continual growth throughout all branches. We are advised that the business currently has annual turnover of £678,129 with gross profit of £277,725. Full financial details are available upon viewing.

SUMMARY

This business has four wonderful branches based in four enviable trading locations. Our client has established a good customer following and excellent reviews online. There is plenty of scope to develop the business further with a strong marketing campaign along with an expansion of the online and wholesale side of the business. A new owner may look to generate more corporate work with other local businesses, along with attendance at food and drink festivals and events. Early viewings are strongly advised. Fixtures:
All racking and shelving

67 plate Citroen Berlingo van(Leased)

20 upright storage fridges and freezers across the four stores

Tables and chairs

All commercial kitchen equipment at two of the stores

Stainless steel prep tables

Two coffee machines (Leased)
Trading Hours:
Heswall -
Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 7pm
Saturday 9am - 6pm
Sunday Closed

Frodsham -
Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 9pm
Saturday 9am - 9pm
Sunday 11am - 4pm

West Kirby -
Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 9pm
Saturday 9am - 9pm
Sunday 11am - 5pm

Chester -
Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm
Saturday 9am - 6pm
Sunday 9am - 6pm

Tenure: Leasehold

Location Details: Chester

Leasehold Term:
Rent: Kirby £394 Frodsham £230 Heswall £182 Chester £365

Listed by: Blacks Business Brokers Limited

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6431
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