Wholesalers for sale in London

View the "Wholesale Delicatessen and Butchers in South London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Wholesale Delicatessen and Butchers in South 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
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 LONDON

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
Viewing 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)

www.NationwideBusinesses.co.uk

Trading hours:
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.
Tenure:
Freehold
Location Details:
Operated from a commercial unit, residential area, SW LONDON
Listed by:
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