This well established butchers has been in the same hands since 1992 and there are genuine reasons for sale. In our opinion the business offers tremendous potential for further development in the right hands.
LARGE CAR PARK IN FRONT OF PARADE PROVIDING PARKING FOR APPROXIMATELY 20 VEHICLES
5 STAR RATING
SINGLE FRONTED & SPACIOUS BUTCHERS with tiled floor, tiled walls, suspended ceiling with concealed lighting. Air conditioning. 1 large cool display serveover counter with refrigerated storage section, electronic scales, electric cash register, butchers block, open cool display unit, gravity feed slicer, sink, walk-in coldroom (recently reconditioned) with shelving.
PREPARATION AREA with tiled floor, plastic cladding to walls, 3 large butchers blocks, large bacon slicer, vacuum packing machine, large mincer, sausage filler, sink & drainer, stainless steel tables.
SPACIOUS REAR STORAGE AREA with large walk-in coldroom, ham boiler, 5 chest deep freezes, shelving, sink, electric fan assisted oven etc.
Staff cloakroom with w.c. and wash hand basin
|WE ARE INFORMED the turnover averages £2,200 p.w. in our opinion offering tremendous potential for further development in the right hands. We are further advised that the sales year ending 31st January, 2018 showed £122,341 with a gross profit of £52,508 i.e. 43% approx.|
|CLOSED SUNDAY & MONDAY
Tuesday – Friday inclusive – 7 a.m. – 5 p.m.
Saturday – 7 a.m. – 3 p.m.
|At present operated by the vendor with the assistance of 1 part time staff.|
|The accommodation in the form of a SELF CONTAINED FLAT over, carpeted, recently redecorated DOUBLE GLAZED and with NIGHT STORAGE HEATING is at present let on a shorthold tenancy and provides a rental income of £880 per month (gross), however, we understand that vacant possession can be given on completion, if required. The FLAT comprises:
2 Double Bedrooms
|Rear service area with 2 parking spaces|
|We understand the premises are held on a secure renewable lease, the present lease having 5 years unexpired from December, 2020 at a current rental of £16,500 p.a. exclusive of rates with rent reviews every 5 years. (As will be appreciated with the rental income from the self contained flat of £10,560 the net rental payable currently is only £5,940 p.a. exclusive of rates).
Uniform Business Rates: Nil payable at present after small business relief
AS STATED THIS WELL ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1992 AND THERE ARE GENUINE REASONS FOR SALE. IN OUR OPINION THIS WELL EQUIPPED QUALITY BUTCHERS OFFERS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS. IT HOLDS A 5 STAR RATING.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
REDUCED FOR EARLY SALE
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