Ref 5915 – Leasehold Sandwich Shop/Deli Blacks Brokers are proud to bring to the market this leasehold sandwich shop/deli located in the much sought-after area of Lark Lane, Liverpool. Introduction
Balberos Kitchen has been trading on Lark Lane since 1994 and over that time it has firmly established itself within the local community. The business has a superb customer base and excellent reputation, offering high quality food choices at competitive prices. Location
Balberos Kitchen is situated on Lark Lane, this a phenomenal place which is full of eateries and bars. The immediate surrounding area is mainly commercial, with a large residential population close by. Roadside parking is available directly outside the business and good public transport links are in place. Reason for sale
Balberos Kitchen 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 is 15 years with rent reviews every 3 years. The current lease began in 2009 at a cost of £6,000 per annum. Building layout and design
Balberos Kitchen is housed within the ground floor of a single fronted retail unit within an exceptionally busy parade of other shops and businesses. The shop has a traditional appearance with clear branding and signage in place above the mainly glazed frontage.Inside, the customer ordering and waiting area is cosy with full-length counter area in place. To the rear of the servery is a well-equipped preparation area with staff toilet to the side. Staff
Balberos Kitchen is currently operating with only our client in employment with no additional members of staff in place. Financial details
Financial details are available upon a viewing of the business and Balberos Kitchen has traded solidly over its trading history. The business generates an annual turnover of £36,000 with consistent gross profits of £23,500. Summary
This leasehold business is long-established and well-known with a large customer base established and a good reputation. There is plenty of scope to develop the business further and there are even more income opportunities through the introduction of an online presence, ordering service and potential for outside catering. Some modernisation would also be of benefit. Viewings are welcomed by appointment only as soon as possible due to this exceptional trading location and impressive trading history. Business: £20,000.
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