Remarkable Well Established Family Run Butchers – London

Price: 219,995
Contact: 07789454465
More details
Hilton Smythe are very excited to present to the market one of London’s oldest and most highly regarded independent family Butchers with an attractive turnover in excess of £1.3m.

This remarkable Butchers first opened its doors in 1848 by the Hillman Family and now enters its 5th generation.

The business is now being offered to market due our clients wish to retire.

The business comes with an extremely high level of goodwill with excellent relationships in place with both suppliers and customers.

The Butchers is predominantly supplying catering customers with over 150 loyal accounts which include local Restaurants and Pubs.

Our client advises 80% of turnover is derived from catering accounts and 20% from retail walk in customers.

The Butchers offers a wide selection of Meat, Poultry and Game with speciality cuts available on request.

They make their own range of sausages and burgers as well as a wide range of additional retail products including:

• Smoked chickens
• Salt beef
• Belly pork
• T bone steaks
• Eggs
• Sauces and more

The business is currently run to suit our client, there is no current advertising campaign in place, website or social media presence.

The business is currently undergoing refurbishment, the vendor has just had all refrigeration units replaced with newer models and the building has just had a full re-wiring.

A new buyer could easily increase the already very high turnover by attracting new customers.

A new lease will be offered to any new buyer and full handover.

Hilton Smythe highly advise early viewing to avoid disappointment.

Tenure: Leasehold

We are advised the business is being sold as a Leasehold opportunity with a new 20 year lease being made available.

Rent is negotiable.

More details Share on twitter