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Advert Ref : M2912

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Old established and profitable BUTCHERS

  

Summary:
Reference: M2912
Categories: Butcher shops
Location: Hampshire
Turnover: £ 7,500 p.w.
Price: £ 120,000 (Leasehold)

Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.

Location

Situated in a parade, excellent trading position, HAMPSHIRE (Please register to make appointments and view addresses)

Features

Car Park at rear providing free car parking for customers

SPACIOUS SINGLE FRONTED SALES SHOP with non-slip floor. Fully equipped including 2 cool display serveover counters, 5 electronic scales, 1 printer, electronic cash register, 3 butchers blocks, 3 walk-in coldrooms, walk-in deep freeze, vacuum packer, sausage machine, gravity feed slicer, 3 stainless steel tables, stainless steel shelving etc.

Staff cloakroom with w.c. and wash hand basin

Included in the sale is a refrigerated Rentaul Kango Van

Turnover

WE ARE INFORMED the turnover averages £7,500/£8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 40% approx. We are further advised that the sales year ending March, 2009 showed £484,000 with a gross profit of £181,000.

Staff

At present operated by 2 partners with the assistance of 1 full time butcher, 1 full time cashier plus 2 part time drivers.

Opening Hours

Monday - Thursday inclusive - 6 a.m. - 5.30 p.m.
Friday - 6 a.m. - 6 p.m.
Saturday - 6 a.m. - 2 p.m.
NO SUNDAY TRADING
The business is also closed on all Bank Holidays

Accommodation

The accommodation in the form of a SELF CONTAINED MAISONETTE over, DOUBLE GLAZED, recently re-decorated and with NIGHT STORAGE HEATERS, is at present let on a shorthold tenacy and provides a rental income of £750 per month, however, we understand that vacant possession can be given on completion, if required. The SPACIOUS accommodation comprises:

2 Large Double Bedrooms
Half Tiled Bathroom with bath, w.c. and wash hand basin (new suite)
Large 'L' shaped Lounge/Dining Room
Kitchen, newly fitted including cooker, washing machine and fridge

Tenure

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 8 years unexpired at a rental of £18,000 p.a. plus VAT, exclusive of rates for the next 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £3,300 p.a. approx.

THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 7 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Reference M2912

Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.

             

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