Retail premises for sale in North Road, Lancaster LA1

£36,999
Retail premises for sale
Interested in this property? Call +44 161 937 5978 * or Request Details

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Property features

  • Close To City Centre
  • Accounts Available Year End 31st March 2020
  • Annual Turnover £157,512
  • Gross Profit £50,932
  • Accounts Available After Viewing
  • Low Rent - Just £99 Per Week!
  • Further Financial Info Available After Viewing
  • Paypoint introduced to the business March 2021
  • Fully Equipped
  • Nicely Presented
  • Epos Tilling System
  • Potential To Expand Product Range
  • Scope To Introduce Evening Trade
  • EPC – C

Property description

Ref 7051 – Leasehold Licenced Polish Delicatessen
Blacks Brokers are pleased to bring to the market this leasehold Polish Delicatessen located in Lancaster, Lancashire.


Introduction


Deli e-w-a was established by our client in this bustling area of Lancaster in 2015. The business offers a range of fresh Polish foods and bakery produce as well as convenience products and alcohol. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation.


Location


Deli e-w-a occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers such as gift shops and eateries as well as large multiples including Sainsburys and B&M Store. Lancaster Grand Theatre and Lancaster City Museum are also nearby. The area is well linked by the M6 with very strong public transport links and parking is available in the surrounding area.


Reason for sale


The business is ideally suited to a hands-on owner-operator but due to our client’s family commitments, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.


Lease


The current lease is a six year lease which began in 2016 at a cost of only £99 per week.


Staff


The business operates with three part time members of staff in place in addition to our client working on a full time basis.


Financial details


Deli e-w-a has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover as at 31st March 2020 of £157,512 and gross profit of £50,932 . Full financial information is available upon request.


Business rates


The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.


Summary


This popular and well established business occupies an enviable trading position in a bustling area of Lancaster centre. Our client has secured a strong customer base and great reputation. There is plenty of scope to develop the business further with the introduction of longer opening hours, possibly a delivery service and an extended product range. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £36,999.

Please quote ref: 7051

Business Accommodation

Building layout and design

Deli e-w-a operates from the ground floor of a spacious mid terraced property on a busy road. The business has large branding and signage on display above a fully glazed frontage which is fitted with security mesh. Inside, the servery/counter is positioned to the rear of the shop with deli area to the side. There is also a rear storage room, kitchenette and toilet for staff use. All areas are well equipped and presented nicely.

Fixtures & Fittings

Shelving

Racking

epos Till System

Long Refrigerated Display Unit

Glass Chiller Display Cabinet

Oven

Opening Hours

Mon - Sat: 10:00 - 20:00
sun: 11:00 - 16:00

Arrange Viewing

For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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