Price: £29,950 + sav - Under Offer
Ever popular deli with very low overheads.
Ref: C 898
We are delighted to offer this thriving and very popular deli come sandwich bar which has gained a fine reputation for the high quality of the products they offer and which is only offered for sale due to a change in the personal circumstances of the owner. The business has been established since 2012 and has made a point of selling as much locally sourced products as possible. The cold sandwiches are made using high quality buns from a North Yorkshire bakery and all fillings are homemade using quality ingredients. Other food sold includes hot bacon or sausage sandwiches, homemade soup and baked potatoes. The current owner also makes her own cakes and there is a regular stream of requests for celebration cakes, cupcakes etc. As well as on site sales, there is a further aspect to this business providing outside catering services including buffets and business lunches as and when required. This is run as a separate business for tax reasons but is all included in the sale.
The business is run from attractive retail premises within an established local parade serving the ever popular village of Bishopthorpe, just outside York. There is ample customer parking outside as well as a rear service yard for staff parking and deliveries etc.
ACCOMMODATION ( note, all dimensions are approximate )
Sales area approx 22.7 sq m being fully equipped including two tables and chairs plus an outside table and chairs,
Rear Preparation Area approx 10.4 sq m having sink unit and water heater,
Lobby with staff wc off.
A full inventory of equipment is available but main items include a refrigerated display cabinet, cold drinks cabinet, small fridge, cooker, larder fridge, small freezer,, blender, griddle, two larder freezers, hot water heater, coffee machine, cash register, kettle and toaster plus numerous smaller items.
Purpose built store room housing tall fridge and freezer, shelving.
The premises are shown on the Valuation Office Rating web site as having a RV of £5200. Under current arrangements for small businesses, no rates should be payable however interested parties should check this information prior to proceeding.
The lease runs until October 2021 with 4 yearly reviews on fully repairing and insuring terms and the current rent is only £5600pa.
Accounts for Year ended 31st March 2017 show sales of £82,342 for the deli plus £12,260 for the outside catering. We calculate that if the business was run by a two person team with part time assistance, the adjusted net profits would be around £25,000 pa. Currently the retail business is owned by one person and the outside catering is run by the owners mother. There are 2 part time staff members plus a Saturday girl. Full accounts information can be made available to genuinely interested parties.
The property has an EPC rating of ‘E’
The purchaser will be required to pay a contribution of £450 + vat towards the landlords legal costs involved in assigning the lease.
ONLY £29,950 + sav
By arrangement with The Agents on 01904 794812.
Where staff are employed in a business, it is possible that they are unaware of any impending sale, therefore it is essential that all viewings are arranged through us and no direct approaches should be made under any circumstances.
All prices and rents are deemed to be exclusive of any VAT which may apply.
Details and general information provided within these particulars have been confirmed by The Client, are given in good faith and are believed to be correct, however all proposed purchasers/tenants must satisfy themselves as to the correctness of the information provided. We understand that all services and items of equipment are in functional order, but no warranties can be given in this respect. Neither the agents nor any person in their employ bind themselves in any way, nor are any warranties given as to the correctness of the information provided. No part of these particulars form part of any contract or agreement for sale or lease