Butcher shops for sale in Boston

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Butchers With Income from Rental Accommodation

Boston, Lincolnshire, England

  • Freehold Price: £510,000
  • Turnover: £990,845
  • Gross Profit: £416,942
Seller Reference: B04592
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Business Description
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Seller Reference: B04592
Request Details
Business Description
Please quote reference B04592

Hilton Smythe welcomes to the market Carl Dunham Butchers, which was established by our client in 1980. Our client is now looking forward to their retirement.

Carl Dunham Butchers is a traditional family butchers based in Boston selling, to the public and to the trade;

• Fresh cuts of meat
• Pies
• Sausage rolls
• Pasties
• Sandwiches
• Local fruit
• Veg
• Eggs

The business is being sold as a Freehold opportunity with 2 x 1-bedroom flats above the premises, both of which are currently let at £350 per month on assured short hold tenancies. One of the flats has a separate entrance. The other could be ideal as owner’s accommodation.

Many local workers repeatedly call in from early morning for their breakfast and lunch, while the staff prepare meat for sale and for delivery to approximately 20 outside catering clients that include restaurants and 4 local schools. These are all in the Boston area. There are many other repeat customers who purchase produce throughout the year.

The business has a Facebook page with 4.9 reviews and is locally renowned.

Carl Dunham Butchers is a profitable business, but there is scope for development by looking at the following options:

• Introduce a website
• Extend the outside catering to more pubs and restaurants outside of Boston
• Consider hog roasts at events

Hilton Smythe highly advise early viewing to avoid disappointment.

Carl Dunham Butchers is located in Boston, Lincolnshire on a busy road just outside of the town centre close to a main industrial area.

The double fronted shop has distinctive signage to the front with allocated parking to the rear for one vehicle and free off-road parking directly outside and in the nearby side streets.

Boston is a town and small port located in Lincolnshire on the main A16 and A52 roads. Boston has a population of circa 35,000 according to the 2001 census and a population of approximately double that in the greater area.

Double fronted shop with access off the main road to the main shop:

• Tiled walls and floor.
• Large display chiller
• Display for locally sourced products including - fruit, veg, chutneys etc
• Scales
• Till
• Block access to large walk in chiller

Rear area of main shop;

• Undercounter fridge
• Scales
• Slicer
• Sealer
• Stainless steel preparation table
• Access to lobby area.

Sausage preparation area;

• Sausage making machines
• Mincers
• Mixers
• Preparation table
• Sinks

The courtyard has access to numerous outbuildings which house the staff toilet, the staff room, preparation room, small cook room and second flat.

The small cook room has a stove with burners.

The staffroom has wall and base units for storage and kitchen facilities.

The preparation room has;

• 3 ovens all with 6 burners
• Stainless steel preparation tables
• Scales
• Walk in chiller

Second preparation room with;

• Preparation tables
• Mixers
• Pastry roller
• Scales

Off the courtyard is a walk-in chiller which is positioned to the rear of the garage the front of which is for storage. Next to the garage is a parking space for one vehicle.

There are 2 x one-bedroom flats, both of which are split level and comprising of:

• Lounge
• Kitchen
• Bedroom
• Bathroom/WC

Both flats are let on a shorthold tenancy basis at £350 per month per flat.

The business is also being sold with a white Peugeot Expert van which was registered in 2016

We are advised the business is being sold as a Freehold business opportunity.

The business opening hours:

Monday: 5.00 am – 5.00 pm
Tuesday: 5.00 am – 5.00 pm
Wednesday: 5.00 am – 5.00 pm
Thursday: 5.00 am – 4.00 pm
Friday: 5.00 am – 5.00 pm
Saturday: 5.00 am – 2.00 pm
Sunday: Closed

The business is run and managed by our client, with the help of 11 full time members of staff, 6 being qualified butchers.

Financial Profile
Carl Dunham Butchers generated an advised turnover of circa £990,845 as of the 2017 accounts, with a gross profit of £416,942 and a net profit of £96,341.

The assets are worth in the region of £60,000 - £70,000

The business is being sold with 2 x one-bedroom flats worth in the region of £50,000 each.

Please quote reference B04592

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