Cafe for sale

Old Market Way, Moreton-In-Marsh, Gloucestershire, GL56

Fixed Price £37,500

Property Description

Commercial information

  • Business for sale

Key features

  • Extremely busy specialist delicatessen and café
  • Turnover in excess of £90,000 (2015) profitability in excess of £30,000
  • Excellent potential and scope, specialised or general delicatessen
  • Viewing highly recommended

Full description

Tenure: Leasehold

DESCRIPTION
This is an excellent opportunity to purchase a very well established specialist Greek delicatessen, offering a take away service and a small eat in café, with excellent potential for future growth. Occupying a prominent position within a mall in the centre of a rural town trading position in a very highly rated, affluent and popular area of Moreton-in-Marsh in the Cotswold's, close to Cheltenham and Oxford and within easy reach of the M4 and M5 motorways.

Greek Deli in the Cotswolds is located on a prominent pedestrianised parade position in the town centre, close to a large number of quality residential dwellings, schools and other small businesses within the immediate locality.

The business occupies a corner plot owned by a landlord who has specially developed the shop to reflect the character of the area. The business has 3 main aspects to it, these being, the delicatessen, the café and a take away service that specializes with traditional Greek products. Recently the vendor has established the business online and online sales are now growing.

The current owner established the business in 2013 and has developed it to its current potential. The owner has decided he would like to relocate and therefore has opted to offer the delicatessen for sale as an established first time business, with excellent scope to continue the work he has already achieved.

DELICATESSEN
Greek Deli in the Cotswolds has a small deli counter and store, which is stocked with an excellent selection of Greek based products including, honeys, olive oils, olives, baklava's beers and spirits and speciality wines and sheep and goat's cheeses, many of which compliment his assortment of Greek dishes available to eat in or take away.

Many of the products are directly imported and the vendor will be happy to advise the potential buyer of his current contacts for this. The shop is in an excellent condition and could also offer additional products if required.

Other products on offer are sandwiches and traditional Greek mixed salads and speciality products like Taramasalata.

CAFÉ
Greek Deli in the Cotswolds offers a comprehensive selection of breakfast and lunchtime dishes for both vegetarians and meat-eaters, with homemade salads and sandwiches served throughout the day.

The menu also presents Greek beers, wines and spirits such as Ouzo of which are all available to buy in the shop.

There is cover for 6 people inside the store and 8 tables to the exterior. As the business is located within a covered parade, the vendor has installed lighting and specialist heaters offering the possibility of all year outside eating. Greek Deli is also a licensed premises therefore alcohol can be served during opening hours.

TAKE AWAY AND ONLINE SERVICE
Greek Deli in the Cotswolds offers a full take away service and most of its products are available to purchase through its online store, a newly introduced service which is proving to be very popular.

The business offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic person or couple, that have the opportunity to extend and add to the stock already on offer at Greek Deli.

These enhancements will undoubtedly increase the already impressive growing sales. The business is an ideal first business, easy to run, excellent value for money and excellent scope to build upon its success.

This is a first class, high turnover, business opportunity and viewing is therefore highly recommended to avoid disappointment.

WEEKLY SALES
Currently shop sales average £1,850 with a turnover for 2015 at £95,924 and an adjusted profitability of £30,539.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Saturday 8:00am - 18.00pm
Sunday Closed

Note: the vendor does open bank holidays and operates on some Sundays in the summer.

STAFF
Operated solely by the owner.

PROPERTY
This is a highly visible corner shop premises, occupying a prominent pedestrianized town centre location. The business is licensed for external seating and the landlord is considering adding an additional terrace which could add an additional 6 tables.

The shop is modern and bright with all fixtures and fittings being only 2 years old.

TRADING AREAS
The shop front enters into the main retail area measuring approximately 7m x 7m and has a full length counter and preparation area, fridges displaying fresh produce along with dairy and meat products, a drinks chiller, several separate units holding a large selection of liqueurs, alcohol, oils, honeys and other diverse products and is presented in a first class order.

A small doorway to the end of the counter leads to a unisex toilet, which was recently renovated offering half tiling and oak floors.

To the extreme right of the shop is a bar type of seating arrangement and six stools for internal eating. To the exterior there are six tables with 4 chairs each within the mall (planning and local authority approved)

RESIDENTIAL ACCOMMODATION
The is no accommodation available with this sale.

TENURE
We are advised that the property is available as a leasehold.

The current lease expires in 2023. Current rental is £7,700 per annum. Rent reviews are every 2 years.

SUMMARY
A fantastic opportunity to purchase three highly profitable businesses in one with terrific potential for future growth and improvement. This is in a walk in and earn from day one condition and must be viewed to see the quality of the businesses and décor on offer. To avoid disappointment, viewing is highly recommended.

More information from this agent

Nearest station

  • Moreton-in-Marsh (0.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Moreton-in-Marsh (0.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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