Summary
- Asking price:
-
£450,000
- Sales revenue:
- £572,000
- Net profit:
- Available on request
- Employees:
- The business is run by the vendor and 4 full time staff.
Business description
Advent Business Sales is pleased to offer to the market this extremely well established Halal butchers and convenience store, which has been trading successfully for the past 30 years.
The current vendor started the business but is reluctantly forced to sell due to family commitments and retirement.
Our client has achieved an enviable local reputation, reflected in his turnover and profitability.
His staff hand make donna kebab meat for 3 regular kebab shops and more could be sold if the potential was to be exploited.
He regularly supplies 15 fast food/local restaurants with kitchen and dining hard ware and disposables. As well as fresh lamb, chicken for fresh shish kebabs.
The rooms above the shop are let out and give a good regular income of some £275 per week.
Items on offer include:
• Rice, nuts, spices, lentils
• Dall, urid, black eye peas
• Gungo peas, yellow gram, curry pastes, pakora
• Laundry products
• Tinned vegetables
• Oils & ghee
• Baby milk
• Bathroom requisites
• Selection on pots and pans, crockery and cups
• Cold drinks, cakes, biscuits
• Naan bread & chapattis
• Frozen foods
• Fruit & vegetables
• Milk, cheeses & paneer
• Creamed coconut & butter
• Sweets and chocolate
• Hair & beauty products
• Eggs
• Halal meats
The shop also provides a link cash point, top up’s for gas/electricity, phones and phone cards.
Specialist equipment in the butchery department is as follows:
• Large bandsaw with small bandsaw back up
• Large mixer
• Big mincer again with small mincer as back up
• For staff hand washing there is a knee operated hand basin.
We have been advised that the stock value is approximately in the region of £20,000
ref:8665DE
Property information
- Property:
- Freehold
- Lease terms:
- TENURE: Freehold
Leasehold is available at £200,000 +SAV with terms to be Negotiated
Original lease: TBN
Remaining lease: TBN
Review every: TBN
Rent: TBN
We are advised that the annual business rates are currently: upstairs - £180 per month, shop £137 per month approximately
- Living accommodation:
- BUSINESS PREMISES
A lock up with CCTV and roller shutters, consisting of:
• A large shop consisting of to the right 2 large double sided central shelves with 3 passage ways, side wall shelving to suit.
• 3 large frozen food gondolas and 3 large (not owned) cold drinks displays plus a large cake and biscuit display.
• Door into back yard. To the left is a counter with electronic till, electronic scales and POS scanner, behind this is a tobacco gantry and self medication preparations.
• Opposite the counter is a fruit and vegetable selection.
• To the left of the counter are two large glass fronted dairy refrigerators. Beyond these is a public w/c and hand basis.
• A small display of Islamic texts and clothing is on offer.
• Continuing the shop no opens out to a large glass fronted refrigerated meat display behind this is meat preparation.
• To the side of this area are two fridge’s both 12 x 12 ft approx, one as a chiller and the other a deep freeze. Next to this is a small staff room/kitchen.
First Floor
- One flat – bedroom, kitchen, w/c and shower, lounge
- 4 bedrooms let as singles/doubles sharing a kitchen and bathroom
- access is from the back of the shop via a shared back entrance
External
- The shop is paved to the road on both sides of the corner
- Location:
- Our clients business occupies a prominent corner site of a densely populated residential area. It is a ‘stand on its own’ business close to the local primary school and an industrial estate; it is also in close proximity to the mosque for the area.
The area has a high ethnic community, as well as West Indian and Polish residents, which is reflected in some of the products on sale.
A ‘new’ brown field site is soon to become available for building of more residential dwellings and will be only minutes away from the shop.
The railway station is located nearby. A truly vibrant multi ethnic area which is close to expanding considerably.There is on street parking close to the shop.
Other information
- Expansion potential:
- There is fantastic scope to maximise turnover, not only by increasing production of donna meat but also in stocking fish for the ever increasing Bangladeshi community and stocking more Polish specialities for this increasing population.
- Trading hours:
- Mon – Sat: 9am – 9pm, Sun: 10am – 9pm
- Financing available:
- Please let us know if you require finance for the purchase of a business.