Delicatessens for sale in Lancaster

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Licenced Polish Delicatessen - Lancashire

Lancaster, Lancashire, England

  • Leasehold Price: £39,995  Price Reduced arrow_drop_down
  • Annual Turnover: £114,817
  • Annual Gross Profit: £16,514
Seller Reference: 7051
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Business Description
 
 
 
 
 
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Seller Reference: 7051
Request Details
Business Description
Close To City Centre
Accounts Available Year End 31st March 2019
Annual Turnover £114,817
Gross Profit £16,514
Accounts Available After Viewing
Low Rent - Just £99 Per Week!
Further Financial Info Available After Viewing
Fully Equipped
Nicely Presented
Epos Tilling System
Potential To Expand Product Range
Scope To Introduce Evening Trade
EPC – C
REF 7051 – Leasehold Licenced Polish Delicatessen

Blacks Brokers are pleased to bring to the market this leasehold Polish Delicatessen located in Lancaster, Lancashire.

INTRODUCTION

Deli E-W-A was established by our client in this bustling area of Lancaster in 2015. The business offers a range of fresh Polish foods and bakery produce as well as convenience products and alcohol. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation.

LOCATION

Deli E-W-A occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers such as gift shops and eateries as well as large multiples including Sainsburys and B&M Store. Lancaster Grand Theatre and Lancaster City Museum are also nearby. The area is well linked by the M6 with very strong public transport links and parking is available in the surrounding area.

REASON FOR SALE

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

LEASE

The current lease is a six year lease which began in 2016 at a cost of only £99 per week.

STAFF

The business operates with three part time members of staff in place in addition to our client working on a full time basis.

FINANCIAL DETAILS

Deli E-W-A has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover of £260,000 and gross profit of £65,000. Full financial information is available upon request.

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 popular and well established business occupies an enviable trading position in a bustling area of Lancaster centre. Our client has secured a strong customer base and great reputation. There is plenty of scope to develop the business further with the introduction of longer opening hours, possibly a delivery service and an extended product range. 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:
Shelving

Racking

EPOS Till System

Long Refrigerated Display Unit

Glass Chiller Display Cabinet

Oven
Trading hours:
MON - SAT: 10:00 - 20:00
SUN: 11:00 - 16:00
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Deli E-W-A operates from the ground floor of a spacious mid terraced property on a busy road. The business has large branding and signage on display above a fully glazed frontage which is fitted with security mesh. Inside, the servery/counter is positioned to the rear of the shop with deli area to the side. There is also a rear storage room, kitchenette and toilet for staff use. All areas are well equipped and presented nicely.

Location Details:
Lancaster
Leasehold Term:
£99 Per Week
Listed by:
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