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.
Operated from a commercial unit, residential area, SW LONDONTurnover :
£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 APPLICANTViewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
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.Freehold : £1,000,000 (M4264)
Monday - Saturday deliveries
Number of employees:
The business is at present operated by 2 partners with 4 butchers & 4 drivers, 1 secretary employed. It should be noted that 2 of the butchers also assist in the deliveries.
Operated from a commercial unit, residential area, SW LONDON