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WELL ESTABLISHED BUTCHERS

Price:
Leasehold - £69,950
Turnover:
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Seller Ref:
G6102
Location:

London, South London

Business Type:

Retail businesses

See Other:
Butcher shops for sale in London
Retail businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SPACIOUS SINGLE FRONTED BUTCHERS with tiled floor, plastic cladding to walls. Fully equipped including window cool display area, 1 long cool display serveover counter with refrigerated section, 1 spacious multi-deck cool display unit, 5 butchers blocks, mincer, ban saw, 3 electronic scales plus 1 aditional scales with printer, 1 electronic cash register, walk-in deep freeze, walk-in coldroom etc.

Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £9,000/£10,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are informed the gross profit is in the region of 44%.

We understand the premises are held on a lease from the Council, the present lease expiring in 2015 at a rental of £24,000 p.a. exclusive of rates for the remainder of the term. (PLEASE NOTE WE UNDERSTAND THE LEASE IS OUTSIDE THE LANDLORD & TENANT ACT). WE FURTHER UNDERSTAND THERE IS A CLAUSE WITHIN THE LEASE THAT IF THE PREMISES ARE TO BE REDEVELOPED, EITHER SIDE CAN GIVE 6 MONTHS NOTICE TO TERMINATE THE LEASE.

Uniform Business Rates: £7,700 p.a. approx.

THIS WELL ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 16 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £69,950 plus STOCK AT VALUATION
LOAN POSSIBLE TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, main road trading position, SOUTH LONDON AREA
Trading Hours:
Monday - Saturday inclusive - 8 a.m. - 5.30 p.m.
NO SUNDAY TRADING
Accommodation:
Service area at rear with parking for 2 cars
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