Leasehold Butchers For Sale

Business description

Advent Business Sales is pleased to offer to the market this extremely well established retail butchers which has been trading successfully for the past 70 years.

The current vendor has been in ownership for the last 15 years. The owner is reluctantly selling due to health reasons and also due to the needs of a young family.

Our client has achieved an enviable local reputation and 95% of sales are due to repeat orders.

The business runs on the lines of a traditional retail butchers with traditional cuts as well as modern requirements such as meats with flavoured glazes ie. hot and spicy pork steaks.

In addition, complimentary items are sold such as cooking sauces, pasta sauces, eggs and a small amount of canned goods.

Our client also makes his own sausages and sells sausage rolls and pies and cakes. There is a good range of home cooked meats such as boiled ham.

Our client has facilities to accept debit and credit card payments. These transactions account for approximately 15 – 20% of sales revenues.

Stock at cost is in the region of £3,000.

The vendor has informed us that the landlord is willing to sell the freehold at the open market valuation subject to a chartered surveyor’s valuation.


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Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 5 years
Remaining lease: Rolling
Rent: £5,200 per annum

We are advised that the annual business rates are currently: £1,000

Living accommodation:

The property is a single storey end terrace lock up unit with an efficient sales area to the front leading to the rear prep room. To the rear is a large secure yard with the additional benefit of a large walk in cold store and another store which could be converted into another prep room. The retail area benefits from an air conditioning and is well laid out. The business is fully equipped for purpose. A full inventory is available on request.

Location:

Our client is located in a small parade of shops which consist of a hairdresser, a chippy, a security firm and a motor bike shop. The local church is across the road. The road on which the business is situated on has several main bus routes passing by regularly. In addition, the two local schools are nearby and provide a healthy trade as parent’s pop in after dropping their children off to school.
The surrounding area consists of a good mixed stock of residential dwellings within a densely populated area.

The M1 motorway network is accessed at junction 29 & 30 whilst the A60 and A617 provide access to Nottingham, Newark and Southwell.

Other information

Expansion potential:

A working butcher would increase bottom line profits significantly. The business offers huge scope by supplying meat on a trade basis to the many numerous local pubs and care homes.

In the past the vendor has occasionally advertised in the local press and on radio which immediately increased sales.

A young aggressive butcher has the opportunity to purchase a very well established business with the scope to expand if required together with the additional benefit of the bricks and mortar subject to separate negotiation.

Trading hours:

Tues: 9am – 4pm, Wed-Thurs: 8am – 5pm, Sat: 8am – 2pm

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

• Sales paticulars

Contact the seller