Hilton Smythe welcomes to the market Joyce and Lucas independent Butchers, established over 29 years ago.
The much-loved community butchers is now being offered for sale due to our clients wish to retire.
The traditional butchers and delicatessen offers an extensive range of local meats including,
• Welsh salt marsh lambs from the Gower Pendular
• Welsh lambs from the Towie Valley.
• British Longhorn from Hampshire
• Dexter beef from Odiham,
• Rare breed pigs such as Wild Boar/Saddleback cross.
There is a choice of fresh,
Beef, steaks and mince,
• Pork chops,
• Shoulders, lamb and mutton,
• Barbecue meats and packs,
• Freshly made pies,
• Chicken breast legs and thighs,
• Chicken/ goose eggs available,
• Freshly made sausages and burgers.
Our client is one of very few butchers in Hampshire still offering the option for customers to bring in their own animals to be personally butchered which any new owner could carry on offering. This part of the business accounts for approx 30% of the total sales revenue.
The Deli side of the business offers the opportunity to add on additional sales.
The business offers a large choice of,
• Cooked meats,
• Local cheeses,
• Rooking sauces,
• Range of honeys,
• Cured meats,
Our client is particularly known for extensive choice of Biltong which has become extremely popular with high protein lovers.
The business comes with a 5 Star Hygiene Rating and a very local customer base.
Further opportunity to increase sales could be derived from adding,
• Website orders,
• Outside catering,
• Hog Roasts,
• Local deliveries,
• More catering accounts.
Hilton Smythe advise early viewing to avoid disappointment.Location
Joyce and Lucas Butchers is located on the High Street in Alton, Hampshire.
The business is well positioned along Alton’s main shopping High street which includes major stores such as M and S Foods, Iceland, Superdrug, Pets Corner and Boots as well as the country's main banks, post office and local job centre.
The business benefits from being directly behind a large pay and display car park.
The main bus station and mainline train station are within 5 mins walk.
Alton is a highly desirable Market Town, near to the source of the river Wey and offers an excellent choice of period housing, historic places to visit such the Curtis museum, Alton House and Allen Gallery. Alton is also home to Jane Austen's House museum.
The Town is accessed just off the A31 which connects nearby Guildford to Winchester in the South and the busy M3 motorway.Premises
• Open topped window display chiller,
• 5-metre-long glass fronted display chiller,
• Bespoke solid wood display shelving to right wall,
• Glass fronted upright display freezer,
• Suspended Biltong Dryer,
• Card machine,
• Cooked meat slicer,
• Cooked meat vacuum packer,
• High specification electronic scales with built in hard drive and printing facility,
• 2nd set of scales,
• Stainless steel storage cupboard,
• Walk in cooked meat chiller.
Small enclosed office.
Rear Prep Area
• Large walk in meat chiller,
• Stainless steels sink units,
• Butchers block,
• Prep table,
• 2 x mincers,
• Vacuum packer,
• 2 x sets of scales,
• Sausage filler,
Staff toilet and kitchen area.
Rear covered area,
• 4 x chest freezers,
• back up mincer.
Rear external 2 x designated parking spaces.Tenure
We are advised the business is being sold as a Leasehold opportunity.
There will be a new 20-year lease available to any new buyer with annual rent in the region of £17,000-£18,000.
We are advised the current payable rates are in the region of £3,800 per year.Hours
Monday 7:am to 5:00pm
Tuesday 7:00am to 5:00pm
Wednesday 7 :00am to 5:00pm
Thursday 7:00am to 5:00pm
Friday 7:00am to 5:00pm
Saturday 7:00am to 5:00pm
The business is run and managed by our client and 1 fulltime and 2 part time members of staffFinancial Profile
Joyce and Lucas will generate an advised turnover in the region of £286,000 as of the 2018 accounts with a gross profit of approx £95,000 and minimum net profit of £35,000.