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Busy Delicatessen In CPS Shopping Centre, Culcheth For Sale

Culcheth, Cheshire
Asking Price:
£44,500 Furniture / Fixtures included
Sales Revenue:
£99,933
Cash Flow:
Available on request

**Accounts Audited up to 31 March 2018**
Annual Turnover £99,933 (Audited 31 March 2018)
Gross Profit £46,153 (Audited 31 March 2018)
5* Food Hygiene Rating
Scope To Introduce Deliveries and Outside Catering
Popular Stockist Of Craft Ales & Fine Wines
Customer Car Park Free For 4 Hrs
Next To Sainsbury's & Post Office
Excellent Online Reviews
Handover Period Offered
EPC – E

REF 6276 – Leasehold Delicatessen

Blacks Brokers are pleased to bring to the market this leasehold delicatessen located in the much sought-after area of Culcheth, Cheshire.

INTRODUCTION

The Olive Tree Delicatessen has been trading from CPS Shopping Centre on Jackson Avenue since 2014 and was established by our client. The business is a well-established and well-known delicatessen, offering a wide range of cheeses, continental meats, antipasti, gourmet pies and sausage rolls, artisan breads, pâté, chutneys, jams, sauces, soft drinks, confectionery, to name just a few along with an extensive range of craft ales, beers and lagers, fine wines and spirits. The delicatessen also offers freshly made sandwiches and salads made using only the finest of ingredients. Over the last four years, the business has firmly established itself within the local community and gained a strong, repeat customer base, excellent reputation with superb Trip Advisor, Google and Facebook reviews and a five-star hygiene rating. Our clients have established good relationships with excellent local stockists to ensure the best quality items are always available.

LOCATION

The business is positioned within a busy parade of complementary shops and businesses at CPS Shopping Centre and is close to large multiples and next to Sainsbury’s and The Post Office. This area is well linked by the M62 and A580 and Leigh Golf Club within a short distance. Free parking is available immediately outside the business and public transport links are good.

REASON FOR SALE

The business is only being offered for sale due to family commitments in other areas of the country. Our client is willing to stay on at the business for a period of time to ensure smooth handover and offer continuity to the client base, if desired.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is five years and began in 2014 at a cost of £230 per week – a new lease may be negotiated with the business sale.

BUILDING LAYOUT AND DESIGN

The Olive Tree Delicatessen operates from the ground floor of a spacious property within a parade of shops. The business is well branded with clear signage displayed above a fully glazed frontage. Inside, the main shop floor is light and airy with modern décor and lighting, wooden flooring throughout and the counter is positioned to the side. The shop is well fitted with wall shelving and free-standing displays that create a central display area. There is also a small wine fridge, ice-cream freezer stocking Snugbury’s ice-cream along with a Zoom! Juicing machine and much more. To the rear of the servery counter is a food preparation area, private office and toilet facilities.
Each area has been finished well with superb attention to detail and all fixtures, fittings and equipment are of good quality.

STAFF

The business is currently operating with one owner on a full-time basis supported by two part-time staff.

FINANCIAL DETAILS

The Olive Tree Delicatessen has traded solidly since opening. The business generates an annual turnover of £99,933 with gross profits of £46,153. The only piece of equipment not owned is the coffee machine which is leased for £75 per calendar month. Full financial details are available upon viewing.

SUMMARY

This leasehold business is well positioned on a busy main road at the popular CPS Shopping Centre and benefits from a free customer car park. The business is presented to a very high standard and there is plenty of scope to develop the business further with the introduction outside catering and deliveries. There is also scope to attend food festivals and other events. 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.

Property information

Property:

Leasehold

Business Operation

Trading hours:

Mon - Fri - 9.30am - 5pm
Sat - 9.30am - 4pm
Sun - Closed

Contact Information

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    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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