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Reference G7939

Butchers & Outside Catering Business in Essex For Sale

Butchers & Outside Catering Business in Essex For Sale
Butchers & Outside Catering Business in Essex For Sale Buy a Butchers & Outside Catering Business in Essex For Sale Sell a Butchers & Outside Catering Business in Essex For Sale Butchers & Outside Catering Business in Essex For Sale for Sale

Register to see map and to make an appointment Situated in a parade, residential area, ESSEX

Turnover 6,000
Price 59,500

Features

Well Established & Spacious Butchers Plus Sandwich Bar / Delicatessen Section

NO PARKING RESTRICTIONS

SPACIOUS SALES SHOP probably in the region of 1,000 sq. ft. sales area with non-slip floor, fluorescent lighting. Large air conditioning unit. Fully equipped ncluding large 'L' shapped cool display butchers' counter, window cool display unit, new Italian upright glass fronted display fridge, 2 upright double door glass fronted display fridges, large curved glass topped chest display deep freezer, 2 addional chest deep freezers, hot display servery, cool display delicatessen counter, 2 electronic cash registers, 3 electronic scales, 3 butchers blocks, microwave oven.

PREPARATION AREA with non-slip floor, mincer, 2 walk-in coldrooms plus walk-in deep freezer

Large kitchen with non-slip floor., part stainless steel cladding to walls plus the additional walls with plastic cladding. The equipment includes 6-burner gas cooker with oven, doble deep fryer, pizza oven, combination oven, fridge, sink & drainer, wash hand basin, washing machine etc.

Ladies' & gentlemen's cloakrooms

Turnover

WE ARE INFORMED the turnover averages 6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We understand included in the turnover is approximately 1,500 p.w. in respect of the sandwiches & delicatessen. In respect of the butchery section we understand that approximately 4,000 p.w. is in respect of wholesale cash & carry.. Included in the turnover is approx. 15%/20% in respect of outside catering.

Staff

The business is at present operated by the vendor with the assistance of 2 full time plus 2 part time staff. It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday, Tuesday & Wednesday - 7 a.m. - 6.30 p.m.
Thursday - 7 a.m. - 4 p.m.
Friday & Saturday - 7 a.m. - 6.30 p.m.
NO SUNDAY TRADING

Accommodation

The accommodation comprises 2 SELF CONTAINED FLATS over:

Flat No. 1 at present let on a shorthold tenancy & providing a rental income of 975 per month. The FLAT DOULBLED GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms
Shower room with shower, w.c. & wash hand basin
Lounge
Fully fitted kitchen

Flat No. 2 also at present let on a shorthold tenancy & providing a rental income of 875 per month, comprises:

2 Bedrooms
Shower room with shower, w.c. & wash hand basin
Lounge
Fully fitted kitchen

Outside

Yard at rear plus storeshed

Tenure

We understand the entire premimses with the 2 flats over are held ona secure renewable lease having approximately 14 years unexpired at a rental of 18,000 p.a. exclusive of rates for the next 4 years with rent review at that time and thereafter every 5 years. (As will be appreciated with the current rental income from the 2 flats over of 22,200 p.a. there is at the present time a profit rental of 4,200 p.a. exclusive of rates).

Uniform Business Rates: 6,000 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS FULLY EQUIPPED BUTCHERS WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 59,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 29,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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