Elane Asia Market, Unit 1A Lilys Walk, High Wycombe,, Buckinghamshire, HP11 2GE

A rare opportunity to acquire this modern Asian supermarket and food court business, established by the current owners and offered for sale due to retirement.

The business comprises two distinct but complementary trading operations. Unit 1A operates as a fully stocked Asian supermarket offering an extensive range of grocery products, whilst Unit 1 has been developed as a dedicated Asian-themed food court designed to accommodate multiple independent food operators.

The property has undergone substantial investment with the owners securing the necessary council approvals to divide the premises into two separate units (Unit 1 and Unit 1A), obtaining official naming consent and Royal Mail registration. Significant capital expenditure has been invested into the creation of the development, including the installation of air conditioning, ventilation systems and commercial kitchen extraction throughout.

The supermarket opened in November 2025 and has established a strong and growing customer following. The adjoining food court opened in December 2025 and offers considerable scope for future income growth through the letting of the remaining food concessions. The business has recently won two prestigious High Wycombe BID awards, voted for by the public: Best Independent Business and Best Customer Service.

The business occupies a prominent ground floor position within a modern commercial development in Buckinghamshire. Situated within a densely populated urban catchment, the property benefits from excellent accessibility and a strong local customer base. The premises have been comprehensively redeveloped by the current owners to create a modern Asian supermarket and food court concept, providing a unique destination retail offering within the area.

The location serves both local residents and the wider community seeking authentic Asian food products and dining experiences, presenting an exciting opportunity within a growing and increasingly diverse marketplace.

The premises extend to approximately 357 sq.m. (3,842 sq.ft.) and have been fitted out to a high specification throughout.

Unit 1A - Asian Supermarket

The supermarket opened on 1st November 2025 and provides a modern retail environment offering a comprehensive range of Asian grocery products, fresh produce, frozen foods, drinks and speciality food lines. The store is fitted to a good standard and benefits from attractive merchandising displays and customer-friendly layouts designed to maximise sales and browsing time.

Unit 1 - Food Court

The food court opened on 25th December 2025 and comprises three fully fitted kitchen concession units together with a dedicated drinks bar. Each kitchen has been provided with commercial extraction, ventilation and air conditioning infrastructure. The owners have also supplied customer seating, tables and associated dining furniture to create a welcoming communal food hall environment.

One concession is currently let at £1,000 per calendar month, with three additional units available for occupation. The owners have deliberately focused on securing authentic Chinese, Korean, Vietnamese and Thai cuisine operators, creating significant potential for future rental growth once fully occupied.

We are advised by our clients that all fixtures, fittings, shop equipment, shelving, refrigeration units, food court furniture, air conditioning systems and associated business equipment are wholly owned and will be included within the sale.

The property forms part of a modern commercial building and presents an attractive frontage with customer access directly from the main thoroughfare. The premises benefit from a contemporary appearance and strong visibility within the local area, helping to establish the business as a recognised destination for Asian grocery shopping and dining.

This is an excellent opportunity to acquire a recently established and substantial Asian retail and food court operation that has benefited from extensive capital investment by the current owners.

The business offers an incoming purchaser significant opportunities to enhance profitability through the letting of the remaining food court concessions, further development of the supermarket offering and continued growth of the established customer base. The combination of retail sales and rental income provides a diversified income stream with considerable future potential.

Particularly attractive is the ownership structure, with the property held on a 999-year virtual freehold lease at a peppercorn rent, providing long-term security and asset value rarely available within the sector. This, combined with the modern fit-out, established trading operation and untapped food court rental potential, makes for a compelling acquisition opportunity for owner-operators, investors, hospitality businesses and regional multi-site operators alike.

The business is operated with the assistance of approximately six members of staff, covering supermarket operations, food court support, cleaning and drinks bar attendance.

The Transfer of Undertakings (Protection of Employment) Regulations (TUPE) will apply where appropriate.

The convenience supermarket currently generates average sales of approximately £9,000 per week.

EPOS records show average monthly sales of £39,415.56 for the seven-month period from November 2025 to May 2026.

The food court currently produces rental income of £1,000 per month from one occupied concession unit, with substantial scope to increase income upon full occupancy.

Further trading information may be made available to genuinely interested parties following a formal viewing.

Monday to Saturday: 10:30am - 7:00pm
Sunday: 11:00am - 5:00pm

The property is held by way of a 999-year leasehold interest (virtual freehold). We understand there is no ground rent payable, although purchasers should make their own enquiries regarding service charge obligations, estate management provisions and lease covenants.

Interested parties should make their own enquiries with the local authority regarding current business rates liability and any applicable reliefs.

The property has an Energy Rating of B.