Commercial For Sale

Just Deli.cious, 54, High Street, Grantown On Spey, PH26 3EH

Offers Over £42,500

Just Delicious is an established and profitable, leasehold, deli/sandwich shop business which has been operating successfully since its start up over the past twelve years in this marvellous High Street Location in the heart of Grantown's main shopping thoroughfare in the Cairngorms National Park. Our client is looking to retire and currently operates a thriving deli/sandwich business with ice cream takeaway after scaling down from selling a range of preserves, pastries and baking and other produce together with branded and speciality foods as well as table service for twenty two covers. The business benefits from a loyal local customer base together with significant passing trade, particularly during the tourist seasons, and has produced a recurring gross profit. Detailed trading accounts will be made available to seriously interested parties. We consider there is excellent growth potential through re-introducing a sit in option and increasing opening hours which are currently restricted. With all contents, display and kitchen equipment and stock at valuation this is a perfect opportunity to acquire an immediate, profitable trading business in an extremely beautiful area of Scotland. Price - £42,500 goodwill, fixtures, equipment & stock. £8,640 exclusive per annum lease payable quarterly in advance with a 3 month deposit. A full inventory is available to serious potential purchasers upon viewing the premises. EPC Band F

Floorplan for High Street, Grantown-On-Spey Floorplan for High Street, Grantown-On-Spey

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Location

Situated within the Cairngorms National Park Grantown is the Capital of Strathspey and a leading tourist resort. It has a fine shopping centre, first class hotels and guest houses, Primary and Grammar schools offering education to university entrance standard in addition to a Health Centre. Sporting facilities include 18 hole golf course, superb leisure centre with 4 court sports hall, climbing wall, fitness suite and 20m pool, excellent Salmon and Trout fishing in the River Spey and other waters, 8 tennis courts, bowling green, children's recreation park and forest walks through Grant Park. There are many places of interest to visit in the area with Grantown being the gateway to the Malt Whisky Trail. The Grantown Heritage Centre is open through the summer and Highland Games are held at different venues throughout the Spey Valley. Within easy reach are the Cairngorm Mountains for winter sports facilities and hill walking. The sandy beaches of the Moray Firth are also close by. Other distances from Grantown on Spey - Aviemore 15 miles; Elgin and Inverness 34 miles; Aberdeen 80 miles; Perth 95 miles.

Situation

The business occupies retail premises on the East side of the High Street in a prime footfall location. Nearby occupiers include solicitors, high quality gift retailers, jewellers and ceramic painting studio in addition to the normal high street shops. The town enjoys year round trade from a variety of visiting tourists who come to the area for differing reasons including winter sports, cycling, walking and bird watching among others. There are also loyal local patrons who provide repeat regular repeat custom.

Description

The premises comprise a bright and generous sales area with the option of reconfiguration of the present layout to include seating for up to 22 covers in addition to the takeaway counter which was previously successfully operated by the current owner before they scaled back in the pandemic. As the pandemic restrictions etc have lifted and trade has returned, the current owner is looking to retire but the option to return to full table service offers an easy and immediate opportunity to increase revenue income. There are refrigerated display cabinets, food display units and a large sales counter. There are additional open and concealed storage units, a till, coffee bean grinder, soup warmer and an industry standard stainless steel Marisa espresso machine. There is a floorstanding Supreme Ice Cream soft serve whipped ice cream serving machine suitable for use with ice cream, frozen yoghurt, frozen custard, sorbets etc. and with a multifunction digital touchscreen display & control which provides a further revenue stream. The whole area is complemented by accent spotlighting and large decorated shop window to the High Street. To the rear there is a sizeable preparation kitchen with work surfaces, cold storage fridge and freezer, meat slicer, panini machine, wash area, industrial dishwasher and a multitude of kitchen appliances and utensils. There is a dedicated accessible WC to comply with regulations and allow for inside dining and there is another small W.C with wash hand basin and corridor with door to the rear. Outside there is a parking space for three vehicles and bin storage area. No guarantees can be given for any equipment.

Approximate measurements are shown on the floor plan.

Tenure

The business premises are offered leasehold, under an assignation of the current, full repairing and insuring lease from a date to be agreed at a commencing rent of £8,640 per annum exclusive (£720 per calendar month) subject to a rent review after 18 months. Rent is payable quarterly in advance with a 3 month deposit payable.

Proposal & Business Growth Potential

The business has operated as Just Delicious within the town for the past 12 years and after previously operating a 22 cover table service, we consider that the business offers an excellent opportunity to acquire a profitable, established retail operation with substantial scope to grow sales and profits located in a prime National Park location popular with tourists, locals and passing trade and invite offers of:

£42,500

to include the business goodwill, fixtures, fittings, website, equipment and stock.

We believe there is significant scope to increase sales through greater website awareness, promoting hamper and party services, capitalising upon the significant tourist clientèle and local demand and to reintroduce the 4 tables that were previously in the shop area to allow for the operation of tea room and take away services and facilitate up to 16 covers. In addition the current owners work restricted hours and there is ample opportunity to increase this including expanding operations to cover the many outdoor events and exhibitions held throughout the Spey Valley.

Energy Performance Rating

The property has a current Energy Performance Certificate Rating of F

Rateable Value

It is understood the subjects currently attract a rateable value of £8,000 per annum and should qualify for Small Business Rates Relief, currently at 100%.

Please visit the Highland Council for more information

Legal Costs

Each party will be responsible for their own costs incurred in the transfer of the business and the execution of the lease. The tenant will be liable for any SDLT and registration dues payable in respect of the new lease.

Price

Offers over - £42,500 goodwill, fixtures, equipment & stock. £8,640 inclusive of vat per annum lease payable quarterly in advance with a 3 month deposit.

Entry

To be agreed upon completion of the legal formalities.

Viewings and Offers

Viewing is strictly by arrangement with and all offers to be submitted to:-Masson Cairns
Strathspey House
Grantown on Spey
Moray
PH26 3EQ
Tel: (01479) 874800
Fax: (01479) 874806
Email: property@lawscot.com
www.massoncairns.com

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phone 01479 874800

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