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Retail premises for sale

£32,000

Eastbourne BN21, UK

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Property description

Ref 5852 – Leasehold Delicatessen and Sandwich Bar
Blacks Brokers are proud to bring to the market this leasehold delicatessen and sandwich bar located in a busy and much sought-after area of Eastbourne, East Sussex.


Introduction


Four Seasons has been trading on Pevensey Road since 1984 when our client set up the business and over that time it has firmly established itself within the local community, gaining a large customer base and superb reputation. The business offers a selection of convenience products in addition to sandwiches and other food goods with eat in or takeaway options.


Location


Four Seasons is situated on busy shopping street on the edge of Eastbourne town centre, this is a busy area and is popular with both local residents and other businesses. Pay and display car parking is available in street directly to the front of shop. Further parking is available in the immediate area and public transport links are good.


Reason for sale


Four Seasons is only being offered for sale due to our client’s retirement.


Lease


The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease has 4 years remaining with rent reviews every 3 years. The current lease runs at a cost of £4,250 per annum.


Building layout and design


Four Seasons is housed within a well-presented, double fronted retail unit with retractable awning covering outside dining area. The business is well branded and has excellent signage on display and fully glazed frontage. Inside, the shop is set out with tables and chairs to left as you enter with the rest of shop fitted with shelving and freezers, offering a large range of continental foods. The delicatessen counter is positioned to the rear of the space with a food preparation area behind. A separate kitchen can be accessed through door behind counter. There is also a customer toilet to the rear of shop. All areas are finished to a good standard.


Staff


Four Seasons is currently operating with our client in full-time employment.


Financial details


Financial details are available upon a viewing of the business and Four Seasons has traded solidly over its trading history. The business generates an annual turnover of £65,000 with gross profits of £26,000 and zero rates payable.


Summary


This leasehold business offers an exciting opportunity for a new owner to enjoy a long-established business with large customer base and reputation already established. There is plenty of scope to develop the business further and there are even more income opportunities through an online presence, social media presence and potentially longer opening hours and days where possible. This proposition would ideally suit an owner/operato, able to push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £32,000.

Please quote ref: 5852

Property info

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Overall rating:

  • currently 4 stars
Very good - 80% (214 ratings)

Ratings breakdown:

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Nearby transport

  • Eastbourne (0.4 miles)
  • Hampden Park (Sussex) (1.9 miles)
  • Pevensey & Westham (3.6 miles)
  • Shoreham Airport (26.1 miles)
  • Lydd Airport (31.1 miles)
  • London Gatwick Airport (33.5 miles)
  • Newhaven Harbour Ferry Terminal (10.4 miles)
  • Folkestone Eurotunnel Terminal (42.6 miles)
  • Gravesend Pier (46.9 miles)

Nearby schools

View all schools in Eastbourne
  • Bourne Primary School (0.2 miles)
  • Roselands Infants' School (0.7 miles)
  • St Thomas A Becket Catholic Infant School (0.8 miles)
  • Eastbourne College (0.6 miles)
  • Sussex Downs College (1.6 miles)
  • Bede's Senior School (7.7 miles)
  • Anderida Learning Centre (0.4 miles)
  • Gildredge House (0.9 miles)
  • Moira House Girls' School (1.3 miles)
Note: Distances are straight line measurements

Local info for Eastbourne

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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