Status: Completed
Tenure: Leasehold
Leasehold Rent: £1,575 per quarter
Turnover: £94,125
Delightful Leasehold Cafe and Deli in OxfordshireDelightful Leasehold Cafe and Deli in OxfordshireDelightful Leasehold Cafe and Deli in Oxfordshire
£49,500 + SAV

Delightful Leasehold Cafe and Deli in Oxfordshire

Completed
  • Reference: 1589
  • Location: Banbury, Oxfordshire
Hilton Smythe welcomes to the market Foodies Deli & Tea Room. This well established, reputable business has been lovingly run and managed by our client for the last seven years, operating from this unique stone building, full of character and immaculately maintained throughout.

Foodies, lies within the heart of the village, opposite the green, supplying delicious, high quality foods together with gifts for the food lover. Foodies serves light meals, sandwiches and homemade cakes from breakfast to teatime, all designed around the range of foods sold in the deli, providing the freshest produce combined with quality and value.

Foodies supply local businesses and individuals who require a catering service, providing buffets, sandwiches and cakes for all types of meetings and events including working lunches, staff events and children's parties.

Foodies also serves speciality teas including Earl Grey, Assam, Darjeeling, Lapsang, Souchong, green tea and fruit infusions, along with a range of ethically sourced coffee.

Foodies Deli offers an extensive range of British and European cheeses, homemade pates, pickles, jams, oils and vinegars, English and French breads, cheese from around the world, luxury chocolates and homemade cakes. All bread and pastries are delivered daily from local bakers and all products are specially selected from regional suppliers where possible.

Foodies tea room offers an aura of relaxation, wonderful food and friendly table service.

Tables and chairs are tastefully arranged within the tea garden where customers are able to witness the bustle of Deddington village or quietly sit and read the paper.

Foodies Deli & Tea Room offers so much for prospective buyers; the business is exceptionally well presented, well maintained, located in a sought after area, well established, is in a walk in condition, and boasts an excellent reputation.

Very reluctantly, the business comes to the market due to our client's other business interests.

Currently the business is run at a pace to suit our client, we feel this is a wonderful opportunity for a husband and wife team to fully exploit the potential of this profitable concern, whilst offering a quality lifestyle in one of the most popular villages in the country.

TENURE

We are advised the business is Leasehold.

The original length of the lease is 15 years with 8 remaining. The lease is reviewed every 3 years.

Rent: £1575 per quarter.

HOURS

This business is currently run at a pace to suit our client, the business observes the following opening times:

Monday to Saturday 8.30 am to 3.00 pm
Sunday Closed

STAFF

The business is owner run and managed with the assistance of 2 full time and 3 part time staff.

FINANCIAL PROFILE

The business reports a healthy turnover of £94,125 per annum.
The business is located in the charming and picturesque village of Deddington. Deddington is a civil parish in Oxfordshire approximately 6 miles south of Banbury.

On the edge of the magnificent Cotswolds is the Parish of Deddington, Clifton and Hempton. Accessible from the M40, Deddington it is an ideal launch pad for some of England's prettiest villages, grandest country houses and greatest seats of learning.

Oxford, Stratford and Blenheim are within easy reach, as are Bicester Village and Silverstone racetrack.

With its picturesque honey coloured houses, history dating from Saxon times, plenty of social activity, a thriving business community and a variety of places to stay, Deddington is a wonderful place to live, work or just visit.

The business is set within a plethora of complementary shops, businesses and residential properties, is close to the local bus stop and benefits from roadside parking.

The business is easily located from the M40 motorway, situated just off the A4260 within the idyllic Market Place.
Foodies Deli and Tea Room occupy the ground floor of a stunning, Grade II Listed character property affording sash windows.

The premises briefly comprise:

Ground floor:

Entrance hallway leads through into the cafe area boasting striking wooden floors, attractive shelving is housed to the perimeter walls, perfectly displaying the wonderful array of local produce and goods for sale.

Quality free standing tables and chairs are tastefully arranged and easily accommodate 20 covers.

The deli counter room houses a glass serve over chiller and shelving is positioned to suit the requirements of the trade, electric scales and cash register.

The deli area houses a glass serve over chiller, electric scales, electronic cash register, meat slicer and microwave.

The cafe/kitchen area is very well equipped and contains; coffee machine, 6 x burner range, salad bar, toaster, sandwich press, 2 x double stainless steel chillers, 2 x microwaves, double stainless sink, all presented in spotless condition.

Ladies and Gentlemen's toilet facilities.

The lower ground floor houses a convenient store room.

Externally the business benefits from a shared rear courtyard.