Delicatessen Retail And Coffee Shop In Gloucester For Sale

Business description

DELICATESSEN, RETAIL & COFFEE SHOP - GLOUCESTERSHIRE
Situated in the bustling city of Gloucester
Well presented & maintained property
Scope to introduce the sale of alcohol
Advised annual turnover of £176,943
Early viewing highly recommended
Locally produced products
Genuine reason for sale
LEASEHOLD


Business History

Meridian Business Sales are delighted to offer to the market this superb delicatessen, coffee shop, cafe & gift store which was established by clients in 2009. Our clients are reluctantly offering the business to the market due to their desire to concentrate on other business interests. Since the business was established they have undertaken a full programme of refurbishment meaning that the business is in full walk in condition. They have continually developed and improved the business, introducing new lines and income streams which has enhanced the business massively and in particular shows in the year on year increase in turnover and profitability. Our clients inform us that annual turnover currently runs at £176,943 with a gross profit margin of 45% which is derived from the sale of local and imported goods retailing organic products, fresh breads, cheeses, spices, olive oils, salamis, hams, sausages, coffees, soft drinks as well as a popular hot & cold food menu. The business has a designated gift area retailing shabby chic gift items, they also offer 'build your own' gift hamper facilities which is proving popular. 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 businesses of this calibre rarely stay on the market for long.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 5 years
Remaining: 3 years
Rent: £1,660pcm

Location:

This exceptional business has an ideal trading location in the city of Gloucester, Gloucestershire. The property stands proud on one of the city's main access roads which sees a mass of commuters and city visitors on a daily basis. The neighbouring area has a large display of commercial and corporate style businesses which is ideal as it supplies a large customer base within a short travelling distance it also benefits from being situated close to the Cathedral. Gloucester is a hugely popular business and residential area which offers excellent shopping, fine housing, good schools, NHS services, superb public transport networks and a thriving business community. Gloucester also benefits from being less than 6 miles away from the M5 motorway which makes visiting and commuting very easy.

Premises details:

Beautifully presented glass fronted property, briefly comprising of:

Secure entrance leading to

Open plan retail area with freestanding displays, shelving, front window seating area with table and chairs for 6.

Further retails displays and shelving

Deli area with large fitted chilled serve-over, drink preparation and serving area, ample amount of board advertisements.

Cooking/preparation area with coffee machine, oven, wash basin, soup kettle, stainless steel chiller unit, freezers, cash register and scales etc.

Open front food display chiller
Drink display chiller
Free standing bread display

Private areas
Storage room with freezer
Toilet with wash basin

EXTERNAL
Front enclosed seating area licensed for 5x tables and 10x chairs with umbrellas