Delicatessens for sale in Neston

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Butchers, Delicatessen & Sandwich Shop - Neston

Neston, Cheshire West and Chester, England

  • Leasehold Price: £99,995  Price Reduced arrow_drop_down
  • Annual Turnover: £307,278
  • Annual Gross Profit: £148,047
  • Annual Net Profit: £41,323
Seller Reference: 6772
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Business Description
 
 
 
 
 
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Seller Reference: 6772
Request Details
Business Description
Prominent Town Centre Location
Accounts Available Year End 31st December 2018
Annual Turnover £307,278
Gross Profit £148,047
Accounts Available After Viewing
Low Overheads
Management Team In Place
Free Parking In Immediate Area
Good Public Transport Links
Currently Closed Sundays
Scope To Offer Outside Catering & Deliveries
New Lease To Be Negotiated
EPC – E
REF 6772 – Leasehold Butchers, Delicatessen & Sandwich Shop

Blacks Brokers are pleased to bring to the market this leasehold butchers, delicatessen & sandwich shop located in the town centre of Neston, Cheshire.

INTRODUCTION

Tracey's Food Hall has been trading on Brook Street since 2005. Our client established the business here due to the high amount of footfall generated by the wide range of businesses and shops in this area. The food hall is very well known and has an excellent reputation in the area with a large base of regular customers and excellent reviews noted on Google, Yell and Facebook. The business offers a range of locally sourced products.

LOCATION

The business is positioned on a busy main road close to large multiples including Tesco Express, Argos and Sainsbury’s as well as a range of independent retailers within this popular shopping parade. The area is well linked by the M53 and A540 with good public transport links and free parking is available in the immediate area.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The lease will be fully negotiated upon sale of the business. It currently runs at a cost of £254 per week.

STAFF

The business is currently operating with three full time and two part time members of staff in employment – this includes a shop manager supporting our client working on a part time basis.

FINANCIAL DETAILS

Tracey's Food Hall has traded well since opening. Accounts for year ending 31st December 2018 show annual turnover of £307,278 with gross profit of £148,047. Full financial details are available after viewing.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This leasehold business occupies a superb trading position on a busy main road. There is plenty of scope to develop the business further with the introduction of outside catering and a seating area to offer dine in options. A delivery service is in high demand in this area and could be beneficial. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Chiller Display Cabinet x 4

Drinks Chillers

Chest Freezer x 5

Walk in Fridge

Bain Marie

Girddles x 2

Double Rotisserie Oven

Pie Oven

Pie Warmer

Butchers Block

Meat Slicer

Mincer

Microwave x 2
Trading hours:
MON - FRI: 07:30 - 16:00 SAT: 07:30 - 15:00 SUN: CLOSED
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Tracey's Food Hall operates from a spacious, mid terraced property within a popular parade of shops. The business is well branded with large signage displayed above a fully glazed frontage. Inside, the main shop area is nicely presented with a servery counters positioned to the side. There is also a waiting area. Behind the servery counters are stainless steel worksurfaces along with commercial oven, fridges and so on.

The first floor is currently used for storage and also has a secondary food preparation area and toilet facilities.

Location Details:
Neston
Leasehold Term:
£254 Per Week
Listed by:
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