Ref 6276 – Leasehold Delicatessen
Blacks Brokers are pleased to bring to the market this leasehold delicatessen located in the much sought-after area of Culcheth, Cheshire.
The Olive Tree Delicatessen has been trading from cps Shopping Centre on Jackson Avenue since 2014 and was established by our client. The business is a well-established and well-known delicatessen, offering a wide range of cheeses, continental meats, antipasti, gourmet pies and sausage rolls, artisan breads, pâté, chutneys, jams, sauces, soft drinks, confectionery, to name just a few along with an extensive range of craft ales, beers and lagers, fine wines and spirits. The delicatessen also offers freshly made sandwiches and salads made using only the finest of ingredients. Over the last four years, the business has firmly established itself within the local community and gained a strong, repeat customer base, excellent reputation with superb Trip Advisor, Google and Facebook reviews and a five-star hygiene rating. Our clients have established good relationships with excellent local stockists to ensure the best quality items are always available.
The business is positioned within a busy parade of complementary shops and businesses at cps Shopping Centre and is close to large multiples and next to Sainsbury’s and The Post Office. This area is well linked by the M62 and A580 and Leigh Golf Club within a short distance. Free parking is available immediately outside the business and public transport links are good.
The business is being offered for sale due to the vendor looking to retire
The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is five years and began in 2014 at a cost of £230 per week – a new lease may be negotiated with the business sale.
The Olive Tree Delicatessen operates from the ground floor of a spacious property within a parade of shops. The business is well branded with clear signage displayed above a fully glazed frontage. Inside, the main shop floor is light and airy with modern décor and lighting, wooden flooring throughout and the counter is positioned to the side. The shop is well fitted with wall shelving and free-standing displays that create a central display area. There is also a small wine fridge, ice-cream freezer stocking Snugbury’s ice-cream along with a Zoom! Juicing machine and much more. To the rear of the servery counter is a food preparation area, private office and toilet facilities. Each area has been finished well with superb attention to detail and all fixtures, fittings and equipment are of good quality.
The business is currently operating with one owner on a full-time basis supported by two part-time staff.
The Olive Tree Delicatessen has traded solidly since opening. The business generates an annual turnover of £99,933 with gross profits of £46,153. The only piece of equipment not owned is the coffee machine which is leased for £75 per calendar month. Full financial details are available upon viewing.
This leasehold business is well positioned on a busy main road at the popular cps Shopping Centre and benefits from a free customer car park. The business is presented to a very high standard and there is plenty of scope to develop the business further with the introduction outside catering and deliveries. There is also scope to attend food festivals and other events. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations.*Asking price plus cost of stock at value Business: £18,000.
Please quote ref: 6276