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Deli/sandwich Bar Nice Area Eastbourne, E.sussex For Sale

Eastbourne, East Sussex
Asking Price:
£49,950 Furniture / Fixtures included
Turnover:
£156,000
Net Profit:
Available on request

A long est, traditional 'old style' deli & grocery store with busy lunchtime take-away sandwich trade & lots of further potential to expand. Set in a sought-after affluent area of Eastbourne, the business has been in the hands of the husband & wife team for 20yrs and is being offered for sale due to retirement. Trading 7.30/8.00am-5.00pm Tues-Fri, 2pm on Sat, the business is closed on Mon & Sun, leaving ample scope to increase the trading hours, if desired. Renewable lease, current rent £7,600pa. The business also provides a grocery delivering service for local elderly clients. Current T/O in excess of £150,000pa/£3,000pw.

Property information

Property:

Leasehold

Lease Terms:

We understand that the property is held on a secure renewable lease with a current rent of £7,600pa and that no business rates are currently payable. We also understand that the landlord, who owns all of the premises in the parade, will only permit one of any particular trade, therefore helping to ensure each shop benefits from sufficient business and is successful.

Leasehold Rent:

£7,600 per annum

Location:

This well established & regarded business is located in a sought-after parade of shops in what is considered to be in a desirable upmarket area of this busy prosperous seaside town in East Sussex.

The trading location attracts a number of other specialist businesses including a well known artists gallery, a vegetarian bistro and photographic studio, and also provides easy on road parking for customers.

Premises Details:

The business trades from are very well-presented traditional 'old style' shop. Outside the premises has double fronted display windows with an eye-catching sign-written fascia nameboard and central entrance door leading into the shop itself, which is attractively set out with a suspended ceiling with concealed lighting, attractive laminate wood flooring, ample fitted shelves and display units, plus a central display gondola, display diary/cold drinks cabinet, a customer serving counter with electronic till and to the rear of the premises the main server-over deli-counter with refrigerated display. To the rear of the shop is small store area, kitchenette and staff WC.

Business Operation

Expansion Potential:

The business is closed on Mon & Sun, leaving ample scope to increase the trading hours.

Reasons for selling:

Retirement sale.

Trading hours:

Trading 7.30/8.00am-5.00pm Tues-Fri, 2pm on Sat, the business is closed on Mon & Sun, leaving ample scope to increase the trading hours, if desired.

Employees:
Husband & wife partnership
Years established:
Many years, 20 years in the current ownership.

Other Information

Support & training:

Smooth handover provided in the sale.

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    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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