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Reference M5180

Impressive Whole & Retails Butchers in West London For Sale

Impressive Whole & Retails Butchers in West London For Sale
Impressive Whole & Retails Butchers in West London For Sale Buy a Impressive Whole & Retails Butchers in West London For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, residential, office and commercial area, WEST LONDON

Turnover £ 33,000
Price £400,000

Features

Halal Butchers (both Wholesale Are Retail)

SINGLE FRONTED PREMISES in the region of 1,100 ft² WITH ELECTRIC SHUTTERS & awning. Tiled floor, suspended ceiling with spot and fluorescent lighting. Cool display serveover counter with refrigerated storage section 7m long, 1 electronic scales, 1 butchers block, 2 ban saws, Bercol meat slicer, vacuum packing machine, 2 mincers, sausage machine, fridge. CCTV system (10 cameras, 1 monitor) etc

2 Cutting rooms each with 3 preperation tables

2 walk-in coldrooms & 1 walk-in freezer room

Stairs to Basement 465 ft² approx with staff toilet with w.c. and wash hand basin.

Kitchen

Office

Staff room

Included in the purchase is a 2020 refrigerated van

Turnover

WE ARE INFORMED by the owner the turnover currently averages £33,000 - £39,000 p.w. £19,000/£22,000 in respect of counter sales and £14,000/ £17,000 wholesale delivery. We are advised sales year ending 31st August, 2020 showed £2,066,332 with a gross profit of £269,417.

Staff

The business is at present operated by the vendor with is brother plus 3 full time butchers, 2 cleaners, 1 front of house and one bookkeper / delivery driver.

Trading Hours

7 Day week
MONDAY - SATURDAY 7am - 8pm
SUNDAY 8am - 8pm

Outside

Parking space for 2 car to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2015 with reviews every 5 years (next review 2025) at a current rent of £28,000 p.a.

Business Rates from April 2021 £10,000 approx. payable (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £400,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 200,000 (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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