Leasehold Butchers Deli Nuneaton Warwickshire For Sale

Business description

Bag a Business is delighted to offer Bostocks for sale. The business has been established since 1837 and has been in our clients' careful ownership since 2003. Trading as a traditional butcher with an excellent reputation, Bostocks makes their own burgers, sausages and faggots, and are renowned for their homemade pork pies as well the locally sourced meats. Annual turnover is an excellent £467,751 producing 35 % gross profit, mainly from retail sales. This offers new owners vast potential by increasing the catering side, for which we believe there is great demand. The shop has just benefited from a complete refurbishment at a cost in excess of £50,000, with the majority of the equipment being replaced. This is a wonderful opportunity to acquire a well-established and renowned business and we would highly recommend an early viewing.

Property information

Property:

Leasehold

Lease terms:

Original lease length: 10 years
Remaining lease length: 8 years
Review every 5 years
Rent: £22,000 per annum

Living accommodation:

A purpose-built retail unit in a busy pedestrianised shopping precinct, located over 3 floors, fully alarmed, air-conditioned and benefiting from security shutters and a complete refit in 2007, costing in excess of £50,000. GROUND FLOOR Retail area with 3 glass-fronted serve-over chiller units and 2 walk-in chiller units, one 8'x10', and one 12'x16'. FIRST FLOOR Staff area with small kitchen, ladies and gents toilets, 2 chest freezers and office area. SECOND FLOOR Bakehouse with traditional oven, dough mixer, 3 pork pie makers, worksurface and various cupboards. EXTERNAL Pedestrianised precinct

Location:

Bostocks occupies an ideal and highly visible position within the town centre of Nuneaton. Harefield Road forms part of the main pedestrianised shopping area, and Bostocks is opposite the main Post Office and surrounded by complementary businesses. All the town centre car parks are easily accessible as is the mainline railway station. Nuneaton is the largest town in Warwickshire. It has a population of approximately 83,000 and is a busy and thriving area. Transport links are excellent with easy access to the M6, M42 and M69 motorways.