Wholesalers for sale in London

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Wholesale Delicatessen and Butchers in Battersea, London

London, England

  • Freehold Price: £1,000,000
  • Weekly Turnover: £80,000
Seller Reference: NB-M4264
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Business Description
 
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Seller Reference: NB-M4264
Request Details
Business Description
Nationwide, Businesses brings to the market this PROFITABLE MEAT WHOLESALERS (including parma hams, olives, oils, pasta). Operated from a commercial unit, residential area, SW LONDON.

Outstanding opportunity to acquire a highly profitable Meat Wholesalers which in our opinion has further development potential in the right hands.

The Wholesalers operate we understand within a 25/30 mile radius of the business delivering to restaurants, cafes etc.

Free car parking for 4 cars

SPACIOUS INDUSTRIAL UNIT in the region of 1,500 sq. ft. with tiled floor. The equipment includes 3 butchers blocks, 3 electronic scales, 2 gravity feed slicers, 2 vacuum packers, 3 walk-in coldrooms, 2 walk-in deep freezers, 1 small walk-in coldroom, chest deep freezer, large Byro mincer etc.

Office plus additional office

The vendor also rents approximately 10 minutes drive from the main premises a railway arch we understand in the region of 110 sq. metres including 1 large deep freezer plus 2 additional deep freezers. We understand this railway arch is rented on a renewable agreement at a current rental of £28,000 p.a.

Included in the sale are 2 leasehold properties 1 having approximately 78 years unexpired whilst the other adjoining premises has approximately 87 years unexpired at nil ground rent.

Turnover : £80,000/£85,000 p.w. WE ARE FURTHER ADVISED THAT THE SALES YEAR ENDING 29TH FEBRUARY, 2017 SHOWED £3,607,956 WITH A GROSS PROFIT OF £624,131.

OFFERS INVITED TO INCLUDE THE VALUABLE LONG LEASEHOLD PROPERTIES, GOODWILL, FIXTURES & FITTINGS in excess of £1,000,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Freehold : £1,000,000 (M4264)

www.NationwideBusinesses.co.uk

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Freehold
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