 | Delicatessen & Bar Restaurant For Sale Nottingham, Nottinghamshire, United Kingdom Advert ref: N537 FINANCIAL DETAILS | Asking price: Undisclosed Sales revenue: £500k < 1m Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to offer for sale this unique, well-established and successful delicatessen, which has traded since 2003.
The delicatessen, which is extremely well equipped and laid out, has a wide range of local produce and products sourced from throughout Europe and beyond.
The bar/restaurant has a very Italian feel serving meals and snacks throughout the day with seating for about 42 customers. Here diners can taste meals made with the ingredients sold in the delicatessen.
The business benefits from a full liquor license enabling customers to enjoy a drink with their meal or purchase alcohol from the retail shop.
There is considerable scope to develop this business particularly through longer opening hours and through trading 52 weeks of the year.
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GENERAL INFORMATION | Years established: 5
Trading hours: Monday – Friday 09.00 am – 8.00 pm & Saturday 09.00 am - 7.00 pm.
Property: Leasehold
Lease terms
The current lease runs until March 2018. The present rent is £40,000 per annum and there is an annual service charge of £2,000.
Location
The business occupies the ground floor of a building close to the centre of Nottingham and adjacent to the ice stadium and Trent Fm Arena.
The upper floors of the building provide accommodation for more than 500 students.
The location will be further enhanced as there are major plans to redevelop the area to extend Nottingham city centre and attract many more businesses and residents to the area.
Support & training
The owners will co-operate fully in a handover period to ensure a smooth transition.
Reasons for selling
The present owners are planning to emigrate.
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The Business Partnership - Derbyshire, Nottinghamshire, Sth Staffs, NW Leics | | | |
