Butcher shops for sale in Thornbury

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C. McFarquhar (Apr 2017)
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Leasehold Price: £84,950 Price Reduced
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Business Description
• Independent butchers trading over 40 years
• Excellent reputation, own speciality products, loyal clients
• Income 2017 of £177,533, EBITDA £38,709, current sub let flat £7,200PA
• Leasehold with additional scope to expand on products and services in this very affluent area.

Ref. 45721. Independent butchers shop located upon a busy parade within Bristol. The business has an excellent reputation and loyal client database, this includes both Retail and Trade clients. Available as Leasehold lock up shop. 2 bed owners accommodation above or sub let. Turnover 2017 in excess of 177k EBITDA average 38k Flat rental income 7.200PA Excellent scope to extend product range. Retirement sale. Ideal group or sole trader.

Alan Pendrey Butchers is an independent butchers and has been established in Thornbury in Bristol for over 40 years, being in the current ownership for the last 22. The Leasehold ground floor shop is centrally located on a shopping parade within a residential area which is currently expanding with many new houses being built and more in the pipeline too. It comes complete with a 2 bedroom owners accommodation with landlords permission to sub let. Located in the affluent area of Thornbury, it boasts a thriving healthy local population. Serviced and within easy reach of the M5and M4 motorways.

The business offers an assortment of UK only meats and is described as fully traditional. The business benefits from its offerings of local cheeses and preserves, fruits, vegetables and eggs. In addition the business generates a healthy income from its own home made speciality of burgers and cooked meats, all made on site.

Unlike a variety of butchers, Alan Pendrey Butchers have the facilities and equipment to produce their own boiled hams and cooked meats, a popular favourite with the locals.

The business was established over 40 years ago, The current owners purchased the business 22 years ago, at the time he had already been the manager for 8 years. The business is now only being reluctantly sold due to his retirement.

The current vendor has grown the business to what we see today and it’s impressive standard.

Available by rear access offers a 2 bedroom accommodation of substantial size. This serves as owners accommodation. The current owner sub leases this and it provides an annual rental income of £7,200 per annum. The business is available with the flat if the remaining 8 years on the lease is taken over. However the landlord would issue a new lease without the accommodation should the new buyer require this. The shop is a lock up leasehold, and has 2 floors above for the residential accommodation.

The business has shown steady growth over the year

Summary. It is rare for such a good business opportunity to become available as we see here. Being in walk in condition and offering exceptional lifestyle possibilities, viewing is highly recommended to offer the best opportunity of securing this business.
The business offers scope to expand and trading figures showing year on year growth. The business would suit an individual skilled in butchery or a group wishing to expand into the area. Truly, an opportunity not to be missed.
Viewings strictly by appointment only.
Tenure: Leasehold

Listed by: Kings Business Transfer
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