- Sales circa £3,000 weekly.
- GP margin in excess of 55%.
- Established for 20+ years.
- Pleasant retail parade with parking.
- Compact and easily managed.
- Ideal for owner operators.
- Asking Price:
- £35,000 Furniture / Fixtures included
- Turnover:
- £156,000
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
Available on a new lease at a commencing rent of £800 per month. Further details on request.
- Leasehold Rent:
-
£9,600 per annum
- Location:
-
The premises are located within a busy and popular retail parade on Front Street in Monkseaton which runs down from Seatonville Road towards Whitley Bay and the seafront.
Front Street offers a mixture of accommodation that includes commercial interests on the ground floor and residential occupiers on the upper floors. Commercial tenants include retail, food and service providers and there are also a couple of busy public houses nearby.
- Premises Details:
-
This address has been synonymous with food use over the years and Honeycomb Deli was established by our client in 2000. The business operates as a traditional sandwich bar and delicatessen and whilst most of the trade is collection, there is some internal bar seating plus pavement seating for when the weather permits.
The premises are in good order and fully fitted and equipped for the trade. The menu is compact and comprises a selection of sandwiches, salads and paninis, all of which are made to order. Hot and cold drinks are also available across the counter and the business has a loyal customer base comprising residents, office workers, shoppers and students from the local schools.
The relatively short hours trading regime is through personal choice, rather than custom, and there is scope for new owners to develop the business and to extend the trading hours. There are currently no deliveries but the current owner believes that there would be demand should this service be introduced.
The business is a rare to the market opportunity with strong profit margins and the potential for further growth by new motivated owners.
- Size in square feet:
- 730
Business Operation
- Trading hours:
-
Monday - Saturday 8.00am - 3.00pm
Sunday closed
- Employees:
- Currently operated by our client with the help of 1 full time and 3 part time members of staff
- Years established:
- 26
