Divorce pay-out helps fund new

GAINING funding for new business ventures has been notoriously difficult following the recession. But one Hull entrepreneur found an unusual solution.

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Helen Scaife used the payout from her divorce settlement to set up a new sandwich shop, Tasty, in Humber Place on Hull's Marina.

It cost Helen about Pounds 12,000 to get her fledgling business off the ground and she did not have to borrow any money from banks.

Helen said: "My ex-husband had a takeaway and when we divorced I received a lump sum.

"But I didn't want to put him into difficulty trying to pay it or anything, so he had five years before he had to pay it.

"When I got the money, I wanted to do something with it rather than just waste it.

"I was a hairdresser, but when I was 16 I worked in a sandwich shop and I loved it." She found the premises in February, then spent four weeks redecorating the building and another three months searching eBay for a good price on all the necessary equipment.

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Tasty opened its doors to the public 12 weeks ago and has already capitalised on the growing number of workers based in the Fruit Market area next to the marina.

Helen said: "The first week wasn't very good, but since then it has really been picking up.

"I get a lot of office workers in, people from the World Trade Centre and the other offices round here.

"There are also loads of people working on the redevelopment of the Fruit Market who are coming in."

The deal on the Humber Place property was overseen by Paul White, surveyor at Garness Jones.

Mr White told Helen that the property was a "gold mine".

Helen said: "I looked at the property and it looked nice and I knew there was nothing else similar around here.

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"When I saw how nice this place was and thought about things like the Clipper that would be happening and the redevelopment."

Tasty is a deli-style sandwich shop with freshly-made fillers.

Link Garness Jones Deal at a Glance Agent: Paul White, surveyor at Garness Jones.

Client: Helen Scaife, owner of Tasty.

Property: 5 Humber Place, Hull. Size: 401sq ft.

InShort Entrepreneur Helen Scaife used the payout from her divorce to set up a new sandwich shop, Tasty near Hull's Marina.

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