Deli, Butcher, Fishmonger, Patisserie and Gourmet Food Market – Established (30+yrs) – Turnkey Operation

  • Price: £150,000
  • Annual Net Profit: Record 1-day takings in August: £3,685.21
  • Annual Turnover: £425,000, up from £355k 3 years ago
Featured For Sale
Yarmouth, Isle of Wight, England
Seller Ref:PAX0812049471
Featured For Sale

Deli, Butcher, Fishmonger, Patisserie and Gourmet Food Market – Established (30+yrs) – Turnkey Operation

Yarmouth, Isle of Wight, England
Seller Ref:PAX0812049471
  • Price: £150,000
  • Annual Net Profit: Record 1-day takings in August: £3,685.21
  • Annual Turnover: £425,000, up from £355k 3 years ago

Overview

Seller Ref: PAX0812049471

Description

Location Location Location! This is the Number 1 address in quaint Yarmouth and Yarmouth is now the hot spot on the Isle of Wight!

Retirement Sale.

Newly refurbished vintage awnings, fresh flowers and local produce in stalls out front, engage passers-by as creating a frame for the business, welcoming customers into the shop. A sliding window allows Barista coffee, Pimms, Summer Salads, Sushi, Pizza and Sandwiches—and even Hot Mulled Cider for Bonfire Night to be served straight to customers, who are lined-up around the corner…

We offer everything for the gourmand’s table or picnic: fresh local and exotic flowers & plants, fine wine & cheese, bespoke hampers – the lot! Traditional English Butchers and Fish Monger’s Wet Fish Counter – meat cut to our customers’ specifications, fresh fish flawlessly filleted, all served with our complimentary Fresh Herbs and Samphire to take home and use to make an elegant dinner with simplicity. Chef’s homemade sauces for meat, fish, and vegan dishes are second to none!…and our fresh vegetable “garden” is replete with a wide selection of the freshest of local and exotic fruits & veg…all to compliment the restaurant quality food we offer.

The heart of any deli is the charcuterie, olives, pickles, fresh pasta & sauces, anchovies, sardines…
and so many local and international cheeses with exotic biscuits and breadsticks! We are an award-winning family-run Deli and our customers say we have the “best” Scotch Eggs, in-house home-made sandwiches, pork pies, quiches, sausage and bacon rolls…

All our French Patisseries and fresh homemade bread (sourdough, cobs, whole grain seeded, French baguettes and dinner rolls are all made by our in-house chefs daily and available all day…until they run out… We usually have a waiting list for our sourdough bread and chef’s artisan bread and butter…rosemary, anchovy…

Displayed in our patisserie display cases in the front window, our customers don’t have a chance of denying their impulse for a treat…Our location is the best in Yarmouth…the footfall can’t resist buying with their eyes!

We have a new growing catering business, which makes fabulous bespoke hors d’oeurvres for home entertaining, weddings & events! We are fully licensed both on and off premises. Opportunity to increase sales dramatically by catering more weddings & events and private dinner parties and expanding the growing local Airbnb revenues.

Chef’s Gourmet Dinner Boxes and Chef’s Ready Meals…For when you simply don’t feel like cooking…Nutritious…Made fresh daily…Lasagna, Thai fish cakes, Beef Bourgignon, Beef & Ale Suet Pie, Fish Pie…

At Christmas, We Shine! Our Handmade chocolates, Christmas Hampers, Spectacular International and British Cheese, Charcuterie and Fizz! Dressed, Potted, Whole, Live, Sushi/Sashimi…lobsters & crabs any way you want them…it doesn’t get fresher, they’re caught and delivered daily or living and thriving here for you to choose from! Our seafood platters, pates and home-smoked fresh fish are so festive for yacht cruising and Christmas Parties…

Some 13.8m (45ft) of pavement frontage with 2 enormous glazed display windows comprising virtually the entire frontage. A central entrance door leads to a sales area of approximately 53.46m² (575 ft²). A further approximately 22.7m² (244 ft²) of ancillary storage and kitchen & prep areas run across the rear of the premises and includes staff WC facilities. Fully air-conditioned. There is in-ceiling storage in approximately 1/3 of the shop. There is rear access onto a courtyard and a passageway leading to Jireh Place, utilised for deliveries and refuse control. EPC rating – 3. Business classification: A1 Retail – Hot & Cold Food

We have 1-hour parking for customers out front! We also offer a delivery service, but most people want to come in and browse, as it’s a joy to see and smell all the delectables!

Can be operated with as few as 2.5 FTE. We operate it with 4 FTE except in peak season when we bulk up with summer staff.

Other Terms:
20 year fully repairing and insuring leae from ground leaseholder (17yrs remaining). £16,000 p.a. Right of first refusal to purchase leasehold from retired leaseholder (77 years to run on the ground lease, expiring Oct 2021 We would prefer to sell the assets, the lease and the option on the ground leasehold, but could contemplate selling the business itself. Accomodation available: 2 bedroom bright and sunny top floor flat, above to the side of the Deli ( on a quiet lane) is available (for owners/staff) for £195,000 (Leasehold, 150 years remaining) - by separate arrangement.
Trading Hours:
Daily 8am-8pm
Number of Employees:
2.5 FTE to 7 (mostly 4)
Number of Bedrooms:
2
Support and Training:
We offer a transition period to help you succeed with the business: training on the EPOS system, scales, etc. and we will give you a list of all our suppliers, and happy to discuss them all with you!
Location Details:
ONE MARKET SQUARE - THE #1 Address in Yarmouth - Highly Sought After. Situated next to Historic Town Hall in the main square. Yarmouth is a small, but wealthy, town and also benefits from trade generated from the surrounding area including Totland, Freshwater, Brook, Shalfleet, Brightstone, Mottistone, Calbourne. Yarmouth is considered an affluent area attracting thousands of visitors due to its beautiful and protected location and famous yachting centre (the harbour has doubled in size in recent years). These yachts provide a huge footfall into the town centre. Yarmouth also provides a convenient getaway to the island for visitors via the car and passenger ferry link with Lymington. The ferry is 2 blocks away. Footfall is in the direction of Market Square when coming into Yarmouth. The town itself has an immediate population of approx. 2,500. Yarmouth Food Lovers Market & Yarmouth Deli is the focal point of Yarmouth – drawing customers in, as if they are in France doing their daily shop in the local market… In addition to a bustling local trade, luxury yachts have been traveling to charming Yarmouth from the South Coast and Europe for 25 years - and this is the key shop for getting delectable, gourmet food! A fantastic place to run a business - a great lifestyle choice: come to the Isle of Wight and you'll never live elsewhere...
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
Yes
Is this In administrative/receivership:
No
Is stock included:
Stock included with sale

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