Business for Sale in SIDMOUTH, Devon DELICATESSEN/SANDWICH BAR/COFFEE BAR or available as EMPTY PREMISES

Key Information

Reference

GD35879N

Tenure

Leasehold

Status

For Sale

Region

Devon

Sector

Delicatessens

Annual Sales

£92,055.00 Exc. VAT

Accommodation

No

Business Information

Popular highly visible premises currently trading as a DELICATESSEN/SANDWICH BAR/COFFEE BAR, or could be available empty, considered suitable for a variety of trades. Situated in the sought after EAST DEVON coastal town of SIDMOUTH, host to a substantial resident population and busy holiday/visitor destination. Occupying a lucrative edge of town centre trading position, fronting main approach road to town centre, also a very busy pedestrian thoroughfare, surrounded by other businesses, international school, primary school, hospital, and car parking, bordering residential areas ensuring regular passing trade.

Easily manageable eye catching premises, holding a 5* EHO rating and an alcohol licence, benefiting from low overheads. Providing customer bar style seating, retail areas, refrigerated serve over deli/cheese counters, and coffee station. Adjoining kitchen/wash-up area and storage, additional unused storage facilities and cloakroom.

A renowned business, continuing to grow, still offers further opportunities. Retailing items not found in supermarkets, in particular niche Italian lines. Offering food and drinks to eat in or takeaway, includes sandwiches and Paninis, teas and coffees, the business holding exclusivity in the town for its branded coffee. Also offering platters which prove popular, and hampers if required. An easily manageable business which can be operated by 1 person, Sales 2023 £92,055 ex Vat and increasing, Gross Profit £55,623 (60%), low overheads ensuring sound profits, enjoying regular local trade from residents and businesses, together with visitor trade.

Leasehold £20,000 (reduced for a quick sale due to vendor's personal circumstances) sav. Also available as Empty Premises, Leasehold £No ingoing premium  Ref: GD/SB/TR35879N