Traditional Butchers Shop Taking Over £3,000 Per Week

Price:

Leasehold - £28,000

Turnover:

Seller Ref:

1268SE

Location:

London

Business Type:

Retail businesses

See Other:

Butcher shops for sale in London
Retail businesses for sale in London

Description:

THE BUSINESS:

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

PREMISES AND EQUIPMENT

• 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

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

SCOPE

• 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

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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Location Details:

• 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

Lease Terms:

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

Trading Hours:

• Tuesday to Thursday 8am to 3pm • Friday 8am to 4pm • Saturday 8am to 5pm • Sunday and Monday cl