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Advert Details
Delicatessen & Coffee Bar For Sale
Ilkley, West Yorkshire, United Kingdom
Financials
Asking price: £33,500
Sales revenue: £82,000
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed
Business description
Established deli business situated in a popular parade of shops in Ben Rhydding, Ilkley. Spacious, characterful, air-conditioned shop decorated and equipped to a high standard. There is a small seating area for customers to enjoy coffee, cakes and sandwiches with extra seating outside in fine weather.
The business is run by 2 partners and has built up an excellent reputation for high quality deli foods, sandwiches, coffee and homemade cakes since opening in 2003.
The current main business focus is the delicatessen side, with "cafe" trade and lunchtime sandwiches providing a steady additional income stream. The business is licensed (off sales only). Although currently an A1 premises (retail only), there is scope to upgrade to A3 should a future owner wish to develop the cafe trade further.
Premises also includes kitchen, toilet and storage cellars. There is also a garage outside for further storage if needed.
Turnover for year ending 31/3/08 £82,000 (open 5 days a week, closed for 2 weeks holiday) with plenty of scope to increase.
Rent is £8,600pa fixed until Sept 2011. 6 years remaining on current lease. Business rates £203pm.
Price does not include stock (approx. £3,500).
PRICED VERY REASONABLY FOR QUICK SALE
Years established: 5.5
Employees: None
Trading hours: Tuesday to Saturday 9.00 - 5.00 (3.00 on Saturdays)
Property: Leasehold
Lease terms
9 Year Lease, expiring 2014. Tenant's break clause every 3 years (next September 2011).
Location
Prime location in attractive and popular parade of shops in Ben Rhydding, which is just outside Ilkley centre.
Support & training
The current owners will offer full assistance to ensure a smooth and effective handover to new owners.
Reasons for selling
Change of direction


