A fantastic opportunity to acquire a well-established and much-loved deli and food business in the heart of Hadleigh, Ipswich. Trading for over 50 years, this thriving business has been under the careful ownership of the current proprietor for the past 13 years—with an impressive 27 years of total experience in the business.
With an enviable 4.8* TripAdvisor rating and 4.7* Google reviews, the deli enjoys a stellar reputation for its high-quality produce, welcoming atmosphere, and loyal local customer base.
The business relocated from a much smaller premises to its current larger, more prominent location approximately 8 months ago—a move that has already seen a significant increase in turnover. The new premises provides improved visibility, more retail space, and greater capacity to serve customers, contributing to its continued growth and future potential.
THE BUSINESS OFFERS:
A fully equipped premises, ready for immediate trade
A carefully curated menu served alongside a popular deli counter offering meats, cheeses, olives, cakes, pastries, and savouries
A niche retail section selling oils, vinegars, chutneys, preserves, jams, seasonings, biscuits, crackers, condiments, and beautifully presented hampers
Outside catering services, including telephone orders and plated lunch buffets available for collection
KEY HIGHLIGHTS:
Turnkey operation with all equipment included
Huge scope for further growth: potential to introduce an alcohol licence, increase trading hours/days, or expand the catering offering
Recently expanded to larger premises, allowing greater capacity and already delivering stronger revenues
Excellent location with high footfall and local loyalty
Suitable for an enthusiastic new owner to take over and build upon a rock-solid foundation
Whether you're an experienced operator or an ambitious newcomer, this is an exciting chance to own a respected and profitable local business with room to grow.
An early viewing is highly recommended to avoid disappointment. RX586511
Location
The business occupies a prime high street location in this popular and historic market town in south Suffolk, on the outskirts of Ipswich. Benefiting from strong levels of passing trade, the shop is well-known throughout the local and surrounding areas and is part of a vibrant retail mix of independent traders and established high street brands.
Tenure
5-year lease with 4-years unexpired at a rental of £14,000 per annum exclusive.
Premises
A double fronted terrace retail shop with facia board glazed frontage and single entrance door leading into the premises which measures approximately 791 Sq. Ft. and is arranged as follows:
MAIN RETAIL AREA with laminate flooring and spot lighting. To the right hand side of the shop are various product display units, single large upright display fridge and double large upright display fridge. To the left hand side of the shop are 2 chilled display serve over counters positioned in an L-shape, behind which is equipped with meat slicer, electric scales, till system Rijo coffee machine, stainless steel sink, under counter display fridge and under counter fridge.
Prep Room
A door from this area leads out into a PREP ROOM which is equipped with double stainless steel sink, under counter display fridge, prep table with under counter refrigeration and saladette, various shelves, microwave, fridge, panini press, oven, kettle and blender. A door from this area leads into a WC. Another door off this area leads to an EXTERNAL STORE. Doors off of this store lead outside to a shared COURTYARD area and ONE DESIGNATED PARKING SPACE.
Trading Hours
8 am to 4 pm Monday to Saturday. Closed Sundays
Staff
The vendor works full time, assisted by 6 part time members of staff.
Turnover
The most recent accounts show a turnover of £327,927, based on just eight months of trading from the new, larger premises. With a full year of operation at the current location, turnover is expected to increase significantly in the next financial year.
Business Rates
We are advised the premises is rates exempt under small business rate relief; however prospective purchasers are advised to confirm this with the local council.
Legal Costs
Each party are to be responsible for their own, with the landlords legal cost to be split 50/50.
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.