Situated in the very desirable village of Bishop's Cleeve
Advised annual turnover of £82,000 with a GP of 60%
Early viewing essential to fully appreciate
Scope for further development
Currently run at a pace to suit
Genuine reason for sale
Meridian Business Sales are delighted to offer for sale this superb delicatessen which was established by our clients 5 years ago. Our clients are reluctantly offering the business to the market due to a desire to pursue other business commitments. Since the business was established our clients have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £82,000 with a gross profit margin of 60% which is derived from the sale of a wide selection of cheeses, meats, condiments, fine foods, bakery items also the provision of associated products and beverages. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.
This exceptional delicatessen is located in the urban village of Bishop's Cleeve which is in Cheltenham, Gloucestershire. The business is situated in a well presented courtyard on a main high street surrounded by complementary businesses and residential properties with a scope for 600+ residential properties to be built around the area which is beneficial for the business as it derives much of its trade. Cheltenham is popular with tourists who visit the many attractions and leisure facilities such as; Cheltenham Art Gallery & Museum, Cheltenham Racecourse and Everyman Theatre which is an advantage as it brings passing trade to the business. The near by villages include Woodmancote, Cleeve Hill and Southam which are all in close proximity. The village is easily reached through the M5 leading to the A46 giving easy access to tourists and visitors.
Leasehold Term: Leasehold Rolling lease Rent: £8,800pa
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