Well Established Freehold Butchers For Sale

Business description

5 POINT HYGIENE RATING BY SUFFOLK COASTAL DISTRICT COUNCIL

DOUBLE FRONTED PREMISES occupying a corner position. Quarry tiled floor and walls. The equipment includes 2 cool display serveover counters, butchers block, 2 electronic scales, electronic cash register, wash hand basin with water heater.

REAR PREPARATION AREA with quarry tiled floor and walls, 3 butchers blocks, chest deep freeze, ban saw, bacon slicer, electronic scales, 1 walk-in coldroom

REAR SECTION with mincer, sausage machine, vacuum packer, sink and gas water heater, drainer, wash hand basin, free standing stainless steel preparation area

Toilet with wash hand basin including hotwater supply

2 walk-in coldrooms outside

Storeroom

Property information

Property:

Freehold

Lease terms:

Uniform Business Rates: £700 p.a. approx. after small business relief. We further understand that nil rates are payable at the present time until October, 2011.

THIS OLD ESTABLISHED FREEHOLD BUTCHERS HAS BEEN IN THE SAME HANDS FOR THE PAST 5 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Living accommodation:

The accommodation in the form of a SELF CONTAINED FLAT on the first floor is at present let on a shorthold tenancy and provides a rental income of £400 per month, however, we understand that vacant possession can be given on completion, if required. The self contained flat with FULL GAS FIRED CENTRAL HEATING, comprises: 1 Double Bedroom Bathroom with bath, shower over bath, w.c. and wash hand basin Lounge Fitted Kitchen

Location:

Occupying a corner position, excellent trading position, densely populated residential area, SUFFOLK.

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £2,000/£2,200 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 37% approx.

Reasons for selling:

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £255,000 plus STOCK AT VALUATION SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Trading hours:

Monday - Friday inclusive - 8 a.m. - 5 p.m.
Saturday opening - 8 a.m. - 2 p.m.
NO SUNDAY TRADING
The business is also closed on all Bank Holidays

Employees:

The business is at present operated by the vendor with the assistance of 1 full time apprentice plus 1 part time staff.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance