Camborne Deli, Trelowarren Street, Camborne

Written by Theresa Tyack Thursday, 04 November 2010 14:40

Camborne Deli is located on the very busy Trelowarren Street, the main thoroughfare of Camborne, West Cornwall.

The well known business has traded from the same site for 21 years and has now come to the market for the first time in 8½ years. It retails a wide range of takeaway foods such as sandwiches and baguettes etc as well as a stock of special foods from the delicatessen counter.

The premises enjoy good window frontage, with a ground floor retail area of 12 sq m. Immediately adjacent is a food preparation area of 11 sq m and to the rear is storage space and a wash-up area, also of 11sq m.

Camborne Deli is being made available with the remainder of a 10 year term, renewable lease, commencing April 2003 at a current passing rental of £5,880 per annum.

The business is able to demonstrate strong trading figures with sales of circa £132,000 for the year ended March 2010. It is understood the turnover splits 80% in favour of fast food sales with delicatessen sales accounting for the residual 20%. Camborne Deli shows a gross profit of 49.6% for that year and an adjusted net profit in the region of £30,000.

Offers are invited off a leasehold guide price of £54,950 SAV.

Graham Timmins of Miller Commercial's Business Transfer Dept comments, "Camborne Deli is a neat well established business, which could produce a decent return for a husband and wife team working in partnership. The significant fall of £10,000 in the Guide Price should attract new interest."

For full details contact Graham Timmins on 01872 247019   View Property Details

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