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Excellent Well Known Delicatessen

Chester, Cheshire

  • Asking Price: £69,995 +SAV
  • Turnover: The reports show a turnover of £221,917 and a gross profit of £97,065 (2016 – 2017).Average stock at valuation is in the region of £4,200.
  • Tenure: Leasehold

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Hilton Smythe welcomes to the market Deli-Vert, located on Faulkner Street, Chester.Our client has owned the Delicatessen for 4 years, and really enjoyed his time running the business, however he is now looking to pursue another business venture. This is an outstanding opportunity, to run such a well-known and award-winning delicatessen. With imaginative menus, superb coffee offering, sandwiches, drinks, light bites and lunches, the business offers a mix of traditional sandwich and deli trade, plus outside catering options. Our client advises the product sales are in the region of 40% sandwiches and salads, 40% pastries and 20% cheese, biscuits and coffees.Deli-Vert has won many awards including best sandwich shop of the year and best deli of the year from 2015 to present. Trade comes from many directions, including a huge amount of local repeat clientele, passing shoppers and word of mouth recommendations. With an amazing reputation locally, and highly respected online presence. Many of the recent TripAdvisor reviews state,“A little treasure trove for foodies!” and ‘“you've tried the rest now try the best”The business has an excellent social media presence including Facebook and Twitter, as well as its own formal website (www.deli-vert.co.uk). Deli-Vert is already a profitable business with excellent financials, though there is always room for growth by extending opening hours, embarking on the option of food fairs, and to extend the outside catering part of the business. There would also be the opportunity to become providers to local office-based businesses, sandwich deliveries to places of work. This is an excellent opportunity in such a sought-after location. Early viewings are essential and by appointment only.

Owner ran with 5 part time members of staff.Our client advises the staff members are an excellent asset to the business, very loyal and well experienced.

Opening HoursMonday to Saturday 9am to 5pm Sunday Closed

The business is located on Faulkner Street, Chester. The business is surrounded by a wealth of shops, schools, and businesses and benefits from a high volume of footfall and passing trade. The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.There are several Railway and tram stations nearby. Also, there's a main bus link to and from surrounding towns.The area is also well served by the A-roads within easy driving distance, the A53 which links to the M53 motorway network.

The property is well presented inside and out and benefits from free street parking (up to 30mins) Service Area • Shop floor with pleasant décor• Large menu boards• 2 x Large over counter glass display chiller • Perimeter display shelving • Fully equipped preparation area with stainless steel worktops • Large drinks display fridge • Bistro coffee machine• Ice cream freezer • Commercial oven and extraction system Storage room 1 • Large storage room with stainless steel sink • 4 x chest freezers • 3 x fridges Storage room 2 Storage racking and shelving with exit to the rear alleyway External The business has great eye-catching signage with a traditional canopy and external seating for in the warmer months. The premises are fully secured with an alarm system

Tenure
We are advised the premises is Leasehold with 6 years remaining.We are advised the annual Rent is £11,300.

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