Popular Cafe & Delicatessen In Lerwick Shetland For Sale - Shetland Islands, Highlands and The Islands, United Kingdom
 
Advert Ref: RB
 
 
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Business description
Established and popular café / delicatessen, The Olive Tree, in the Toll Clock Shopping Centre in Lerwick.

The business trades from leased premises of approximately 110m² at the centre (Shetland’s only indoor shopping centre), which also houses a wide variety of other shops and businesses. Extensive free parking is available.

The business, which started in 2005, has built up an excellent reputation for serving delicious high quality food, locally sourced and organic where possible, in attractive surroundings. It was later taken over by well-known Shetland cook and writer Bo Simmons in 2007.
 
Years established: 2005
Employees: In addition to the owner, the business employs four full-time staff and seven part-timers including casual / weekend staff.
Trading hours: Opening hours are currently 9.30am – 5.00pm during the week (4pm on Monday) and 10.30am – 5.00pm on Saturday.
 
Property
Leasehold
 
Lease terms
The existing ten year Lease commenced on 5th March 2007. Rental details on application. The Landlords, Bolts Shetland Limited, will require to consent to the assignation of the Lease.
 
Location
The business trades from leased premises at the modern Toll Clock Shopping Centre which also houses a wide variety of local shops, businesses, local authority offices and a post office. The centre is within walking distance of the town centre and the Co-op supermarket and Northlink ferry terminal are nearby. There is an extensive free parking area.
 
 
 
 
 
 
Financial Details
Asking price:
£35,000