VACANT EQUIPPED FREEHOLD BUTCHERS WITH ACCOMMODATION
Price:
Freehold - £275,000
Location:
West Midlands , Retail Market, Coventry
Business Type:
Retail businesses
Business Details
The particular highlights of the business are:
- A vacant but fully equipped business ripe for an energetic new owner.
- A business with great potential which has not been exploited.
- An easily run operation.
- A good first time buyers business.
- Very low overheads.
History
Phoenix Business Transfer Agents are delighted to place onto the market this Freehold Fully Equipped Butchers in Coventry which has been established since 1960. The business has been in the hands of the current owner since 1960 and he now wishes to sell due to retirement.
Services
This business opportunity was providing a quality butchers service with cooked foods and a dining area.
Staffing
The concern currently employs no staff.
Owners Role
The owner is no longer involved in the day to day running of the business.
Marketing
No marketing or promoting of the business has recently been undertaken.
Competition
There is no local competition.
Market
The client base consisted of local residents with high levels of passing trade.
Opportunities
The concern has huge and unlimited potential.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made.
Property Details
The property is terraced, part of a parade of shops and is approximately 1,000 sq ft. The front is branded with an attractive glass front. There are manual shutters. The main customer service area is tiled, very well presented and very conveniently laid out.
The restaurant area has 28 covers. The customer service point is to the left and there are customer toilets.
To the rear is a store room and extensive preparation area. There is a toilet and staff facilities.
First Floor
On the first floor there is a 2 bedroom flat which can be used as the owner’s accommodation or rented at £400 to £500 pa.
External
To the rear, there is a free parking space and a loading bay.
Equipment with sale
All fixtures, fittings and equipment are included in the sale price and are valued at £5,000.
Financial Details
The potential turnover of the business is forecast to reach £5,000 pw. Full financial disclosure of previous years of trading is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller.
- Situated in the Retail Market area of Coventry.
- Prominent location on main arterial road.
- Part of a parade of shops.
- Excellent free parking facilities.
- Surrounded by a densely populated residential area with schools and other local amenities.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- A commercially thriving area.
- Well linked with the A4600, A428, A444, M1 and M6.
- Coventry City Centre, Nuneaton, Leamington Spa, Warwick and Rugby all lie close by.
- Area enjoying much growth and regeneration.
- A lifestyle area.
- Excellent local demographics for this type of area.
The business is currently not trading
On the first floor there is a 2 bedroom flat which can be used as the owner’s accommodation or rented at £400 to £500 pa.
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