Ref 5852 – Leasehold Delicatessen and Sandwich Bar Blacks Brokers are delighted 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 next review is March 2018. The current lease runs at a cost of £81 per week. 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 £53,378 with gross profits of £25,264 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/operator, able to push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £19,995.
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