Delicatessens for sale in Cheltenham

View the "Well-Established Deli With Strong Community Ties." below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
View More
Leasehold Price: £12,500 Sale Agreed Turnover: £83,511 Gross Profit: £32,474
Request Details
Business Description
Business
Hilton Smythe welcomes to the market this busy Deli and sandwich business, occupying an attractive courtyard location, in the thriving village of Bishops Cleeve, which has an excellent reputation with many loyal clients and repeat business.

The business was established 8 years ago by the current owners who have built up a loyal customer base with a consistent turnover in excess of £80,000.

Only now is our client offering to the market to look towards other business interests.

They specialise in a range of delicious deli products to include:-

• cheeses
• Artisan bread
• Scotch eggs
• Meat
• Pate
• Olives
• Chutneys
• Pasta and much more

They also sell a range of sandwiches and rolls and make their own fudge, chocolate brownies, sausage rolls and quiche, together with the offer of a catering service on request. There is a small counter with 4 stools for customer seating, offering hot and cold drinks and sandwiches.

Using their Southern African heritage, they also have a niche South African section which includes top quality Biltong.

They have their own website which can be found at

https://www.lotsoflemonsdeli.com/

They are active on Facebook and Twitter, with great 5-star reviews on Trip Advisor.

The business has a healthy turnover, at a level which suits the current owners, however, it would be easy to take the Deli to the next level, with longer opening hours, more advertising, making more of the small café area and driving the catering side of the business forward.

The business is offered with an extensive range of fixtures and fittings with viewing a must to appreciate the position and potential on offer. It is an ideal turnkey business, which will be up and running on day 1.

Offered at a Fantastic price for genuine sale.

Location
Lots of Lemons Deli is situated in an attractive courtyard location, in the very popular and sought-after area of Bishops Cleeve, less than 4 miles from the centre of Cheltenham and only around 7 miles from Tewkesbury.

The village lies at the foot of Cleeve Hill, the highest point in the Cotswolds and borders Woodmancote on the East side of the Gloucestershire Warwickshire railway line that splits the two parishes. Bishop's Cleeve has a population of 10,612.

Cheltenham, also known as Cheltenham Spa, is a regency spa town and borough which is located on the edge of the Cotswolds, an Area of Outstanding Natural Beauty in Gloucestershire. The town hosts several festivals of culture, often featuring nationally and internationally famous contributors and attendees.

The list of festivals includes: the Cheltenham Literature Festival, the Cheltenham Jazz Festival, the Cheltenham Science Festival, the Cheltenham Music Festival and the Cheltenham Food & Drink Festival. It is also the home of the flagship race of British steeplechase, the Gold Cup, which is the main event of the Cheltenham Festival, held every March.

The population in 2014 was approx. 116,000 making a very busy town, having good access to all surrounding areas via the M5 motorway and A40 trunk road, to Oxford, Birmingham and London.

Premises
These are easily managed, good-sized premises, covering approximately 40 sqm.

Main Shop Area

• Counter
• Till
• Small kitchenette
• Storage area
• WC

The business is being sold with a range of good quality equipment, to include,

• 2 serve over chillers
• Storage cupboards under
• Upright freezer
• Undercounter fridge
• Undercounter freezer
• Retail fridge
• Electric oven
• Microwave
• Meat slicer
• Till
• Scales
• Biltong slicer
• Various display shelving
• Racking and much more

The business also comes with 1 off road parking space.

An internal inspection is a must to appreciate the potential and great business on offer.

Tenure
We are advised that the business is being sold as a Leasehold opportunity.

6-year Lease, with a 3-year break clause, having 4 years left to run.

We are advised the rent payable is £8,800 per annum.

Hours
Monday to Friday 9:00 a.m. to 5.00 p.m.
Saturday 9:00 a.m. to 12:00 p.m.
Sunday Closed

Staff
The business is currently run by the owners and some other occasional temporary staff when needed.

Financial Profile
The accounting information shows a turnover of £83,511 for the year to the 30th June 2017 with a gross profit of £32,474.

We are advised that the current stock level at instruction is around £1,000.

According to the VOA website the current rateable value is £8,600, however the business does benefit from small business rate relief so has no rates to pay at present.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
* REQUIRED
*
*
*
*
*
*
*
*
*
Would you like a free no-obligation discusson with a qualified finance provider who could help you to buy this business?
You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.
Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
B04534
Seller Reference:
You May Also Like...
loading... 
We use cookies to give you the best possible online experience. If you continue, we'll assume you are happy for your web browser to receive all cookies from our website. Find out more