Business for Sale in SALCOMBE, Devon DELICATESSEN & SANDWICH SHOP

Key Information

Reference

GD34733N

Tenure

Leasehold

Status

For Sale

Region

Devon

Sector

Delicatessens

Annual Sales

£251,466.00 Exc. VAT

Accommodation

No

Business Information

Immaculate DELICATESSEN & SANDWICH BAR, highly desirable SALCOMBE, considered one of the most sought after coastal towns in SOUTH DEVON and the UK, enjoying a spectacular waterside setting. Occupying valuable town centre trading position, situated on main pedestrian/shopping and vehicle thoroughfare passing through the town, amidst other popular businesses, importantly opposite ferry landing steps boosting trading levels.

Superbly presented and equipped premises, maintained to an exceptionally high standard, no expenditure necessary. Provides stylish customer reception/retail area, servery counter, kitchen, storeroom and cloakroom with useful rear alleyway/access. New 15 year lease, favourable overheads, rent £235 per week, receives 100% business rate relief, rarely available premises.

Top performing very profitable business, sales having increased year on year, serves quality delicatessen lines and easily prepared food to go, enjoys both local regular trade and visitor trade. Sales 2023 £251,466 ex Vat, Gross Profit £115,988 (46%), adjusted Net Profits in excess of £70,000 to working owners, easily manageable, trading seasonally.

Leasehold £149,000 sav, Ref: GD/SB34733N