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WELL ESTABLISHED BUTCHERS plus ENGLISH CHEESE & FRUIT & GREENS

Price:
Leasehold - £59,500
Turnover:
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Seller Ref:
G6037
Location:

Berkshire

Business Type:

Retail businesses

See Other:
Delicatessens for sale in Berkshire
Fruit & veg shops for sale in Berkshire
Butcher shops for sale in Berkshire
Retail businesses for sale in Berkshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Large Free Car Park in front of parade for approximately 100 cars

SPACIOUS DOUBLE FRONTED SHOP with tiled floor, fluorescent lighting. Cool display serveover counter, automatic coffee machine (on lease), rotisserie for chickens, 4 butchers blocks, walk-in coldroom, 2 electronic scales (1 with printer), electric gravity feed slicer etc.

Basement with 2 walk-in coldrooms plus office

WE ARE INFORMED the turnover is in the region of £4,000 p.w. (including approximately £1,250 p.w. from a supermarket locally and a further shop situated near Maidenhead). Gross profit 50% approx. It will be noted upon inspection that part of the shop is at present selling wines plus speciality cheeses plus sandwiches and baguettes. This sales area including the use of an office and preparation area in the basement is rented at the present time and provides a rental income of £940 per month, however, we understand that this arrangement can be discontinued, if not required.

We understand the entire premises are held on a secure renewable lease, the present lease expiring in 2024 at a current rental of £22,200 p.a. exclusive of rates up to 2014, with rent review at that time and thereafter every 5 years. (As will be appreciated with the rental income from the Self Contained Flat and the monthly rental currently being paid in respect of the sales area in the shop, the net rental payable at the present time is only £2,100 p.a. exclusive of rates).

Uniform Business Rates: £5,500 p.a. approx.

THIS QUALITY BUSINESS HAS BEEN IN THE SAME FAMILY SINCE ESTABLISHED 38 YEARS AGO AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS RETIREMENT.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION (£1,500 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent trading position, sought after residential area, BERKSHIRE
Trading Hours:
Monday - 7 a.m. - 1 p.m.
Tuesday - 7 a.m. - 4.30 p.m.
Wednesday - 7 a.m. - 1 p.m.
Thursday
Accommodation:
The accommodation comprises a SELF CONTAINED FLAT over, which is at present let on a shorthold tenancy and provides a rental income of £735 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation DOUBLE GLAZED and with 2 NIGHT STORAGE HEATERS, comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, shower over bath, wash hand basin
Separate w.c.
Large Lounge
Kitchen with fitted units

Yard at rear with parking available
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