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Property Listing Details

Restaurant/cafe for sale

Wolverhampton Road, Codsall, Wolverhampton WV8

  • Sold subject to contract

£24,950

Description

Business
Hilton Smythe is delighted to welcome to the market Deli Fusion, this long-established café was established over 10 years ago and has been in our client’s careful hands since 2015.

The business is only now being offered to the market due to our client’s desire to take a well-deserved retirement. The business is open 6 days a week and generates a fantastic turnover in the region of £72,000 per annum with a gross profit of approximately £45,000.

Deli Fusion is a well-established Café/Deli which has a vast loyal and repeat customer base. Our client has maintained a fantastic reputation with the customers over the many years he has run the business.

The shop sells a range of breakfast boxes, sandwiches, salad bowls, daily specials, hot food to take away such as chilli and curry, and a range of cakes. Jacket potatoes with various fillings are also available. All at excellent competitive prices.

This is a tremendous opportunity to own this highly desirable business, therefore an early viewing must come highly recommended to avoid disappointment.

Location
The business is based in Wolverhampton which is a city and metropolitan borough in the West Midlands with a population of approximately 250,000 people.

Wolverhampton is close to several motorways with four being located within 7 miles of the city centre and being the M5, M6, M54 and M6 Toll.

Wolverhampton Train Station is today one of the major stations on the West Coast main line and has regular rail services to London Euston, Birmingham New Street and Manchester Piccadilly as well as most other major cities in the U.K.

Premises
The premises comprise excellent business accommodation which is well maintained throughout.

On entering the shop through glass frontage, the main store is well set out with the till and counter to one side. Fridges and freezers surround the store and into the back of the shop is a dedicated delicatessen area.

There is room to queue and it is set up in a way that you can see the offerings clearly.

The assets within the property are substantial and include everything expected to run a fully functioning delicatessen/cafe.

1 x 6ft Refrigerated counter
1 x 5ft Refrigerated counter
1 x 3ft Stainless steel prep station
1 x 4ft Stainless steel refrigerated prep station
1 x Jura electronic bean coffee machine
1 x Electronic till
2 x Microwave ovens
1 x Beko undercounter freezer
1 x Cougard bain marie
1 x Pannini press
1 x 4 Slice commercial toaster
1 x Heated pie cabinet
1 x Double griddle
1 x blueseal commercial oven
1 x Bush larder fridge
1 x 5ft Chest freezer
1 x Hunters pie press and dies
1 x Andrew james mixer
1 x 2 hotplate portable stove
1 x 4ft wooden bench
1 x 2ft wooden bench
Various cooking utensils
Various crockery
Various baking trays
Various cutlery
Various serving dishes
2 Eating tables
4 Stools
2 Advertising boards

Tenure
We are advised the business is being sold as a Leasehold.

Original lease length: 10 years.
Remaining lease length: 6 years as of 2018.
Review period: 5 years.
Rent: £13,500 per annum.

Hilton Smythe are advised the business doesn’t pay business rates.

Hours
Hours

Monday 8am–4pm
Tuesday 8am–4pm
Wednesday 8am–4pm
Thursday 8am–4pm
Friday 8am–4pm
Saturday 8am–2pm
Sunday Closed

Staff
The business is run and managed by our clients with part time help of a family member.

Financial Profile
Deli fusion generated an advised turnover of circa £72,157 as of the 2016 accounts, with a gross profit of £45,768.

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • St Christopher's Catholic Primary School 0.1 miles
  • Codsall Community High School 0.1 miles
  • Bilbrook 0.1 miles
  • Codsall 0.6 miles

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Property descriptions and related information displayed on this page are marketing materials provided by Hilton Smythe Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information.