Traditional Butchers Shop In London With High Takings For Sale

Business description

HISTORY

• Established as retail butcher and in current location for over 60 years
• Acquired by the vendor in 2000 although he has worked in the shop since the 1960s
• Excellent reputation for service with high repeat rates established
• Ongoing investment in trade equipment and fixtures


REASON FOR SALE

• Retirement


PRODUCTS

• Full range of traditional butchery products including
o Fresh meat
o Steaks
o Sausages
o Cured meats
o Cooked meats
o Pies
o Burgers
o Sundries


CUSTOMERS

• Predominantly loyal personal customer base
• High volumes of walk in trade
• Market visitors and local residents


SUPPLIERS

• Meat delivered daily from local wholesaler

STRENGTHS

• Excellent central location within a thriving and well known community market
• Butcher’s shop on site for over 60 year
• Council lease
• Reliable weekly takings exceeding £3,000
• Fully equipped for retail butchers trade
• Loyal repeat customer base
• High level of footfall





DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Property:

Leasehold

Lease terms:

• Leasehold (Council)
• 10 year renewable lease with 18 months remaining
• Rental £22,000 per annum
• Business rates £7,350 per annum

Location:

• Traditional shop premises overlooking vibrant and multi-cultural street market
• Pedestrian street with high levels of footfall
• Destination market for locals and visitors alike with on street parking available
• Wide variety of local amenities and close to a very large residential estate

Premises details:

• Lock up ground floor retail unit with A1 usage benefiting from a Council lease and comprising briefly:
o Refrigerated sales display counter/cabinet
o Refrigerated window display
o Large refrigerated display cabinet
o Scales x 4
o Tills x 2
o Chopping blocks x 3
o Mincer
o Vacuum packing machine
o Rotisserie
o Office
o Large store
o Walk in freezer
o Roller shuttered
o Loading access to rear

Business Operation

Expansion potential:

• Additional business development activities such as leaflet drops and local advertising
• Focus on developing business customers
• Local Walworth/Elephant and Castle area is set for sizeable residential and commercial development over the next few years

Trading hours:

• Tuesday to Thursday 8am to 3pm
• Friday 8am to 4pm
• Saturday 8am to 5pm
• Sunday and Monday closed
• Market operates daily except Mondays

Employees:

vendor works full time with 1 additional full time staff member

Years established:

60