Delicatessens for sale in London

View the "Popular French Delicatessen & Grocers in Chelsea, London. Established 16 years. Turnover + £17,000 per week. " below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Popular French Delicatessen & Grocers in Chelsea, London. Established 16 years. Turnover + £17,000 per week.

London, England

  • Leasehold Price: Price on application
  • Annual Turnover: £900,000
Seller Reference: PAX0202280012
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: PAX0202280012
Request Details
Business Description
In terms of location, it's hard to beat the neighbourhood around 359 Fulham Road. This is the home of Le Pascalou, an established grocers and French delicatessen with a difference. It has a large local following, having been on Chelsea’s Fulham Road for almost 17 years now. The business operates as a French Delicacy offering a wide range of fresh French produce, including: charchuterie, cheese, fish, fruit, vegetables, bread, and French branded cupboard food. It also sells premium champagnes and fine wine. The focus is on quality and specialist produce.

The premises comprises a front outdoor terrace stall and seating area (the shop's take on a French covered market), an indoor trading area, fitted kitchen, large storage area and two walk-in freezer rooms. The premises benefits from both front and side entrances. We understand that a planning application was previously approved to develop the outdoor terrace area (the application has subsequently elapsed).

Currently, the business takes an average of £17,000 a week. However, there is massive potential for growth through: expansion of the existing customer base: extension of the current trading hours; and, development of the existing delivery service.

Official statistics state there are at least 250,000 people from the French community living in London today. The deli will serve countless amounts of these people, along with the growing amount of non-French people, who enjoy French cuisine and products.

The premises provide the following approximate areas:-
Ground floor: 880 sq.ft (82 sqm)
Outside terrace (stall & seating area): 390 sq.ft (36 sqm)

LEASE
The premises are available by way of an assignment of the existing Lease which expires on the 7th August 2026 (secure Council renewable lease). The next rent review is due August 2021.

RENT
£90,000 per annum.

RATES
c. £49,000 per annum.
Tenure:
Leasehold
Location Details:
The store is within close proximity of South Kensington Underground Station. It is located within a mile of Harrods and Sloan Square, in Knightsbridge. Chelsea is a busy and vibrant, it has many coffee shops, bars, cinemas, and restaurants that thrive because the area is attractive to many consumers.
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