Business for sale

Business description

An excellent opportunity to purchase a very successful and well established family butchers.

A retirement sale, the current owner has run the business for over 20 years and has built up a reputation for quality produce and service. Selling a range of meats, pies and bakery products, along with a small amount of fish, the business demonstrates consistently good profits and represents a great opportunity for someone looking to take over a traditional, successful business.

The sale includes the freehold property with a first floor 3-bedroomed flat which is currently let for £300 p.c.m. (reference: ACQ1001859)

BUSINESS INFORMATION

This is a long established and successful business. The current owner, who is retiring, has owned the business for over 20 years and has established a strong reputation for quality of produce and service. Consequently, it benefits from a loyal customer base. Without any nearby major supermarket competition, the business has achieved consistently good profits based solely on over the counter sales. Opportunities do exist to supply business to business should a new owner want to pursue that route. Supplying a range of quality meats, pies and bakery products - made on the premises - this business represents a great opportunity to someone looking to run or own a successful, traditional business, with the benefit of the freehold property.

OPENING HOURS

8.00 - 17.00 (Mon, Tue, Thu, Fri) 8.00 - 13.00 (Wed) 7.30 - 13.00 (Sat) Closed Sunday

STAFF

In addition to the owner who works full time in the business, there are 3 full time butchers and 3 part time bakers.

FIRST FLOOR FLAT

At first floor is a three bed flat which is separately accessed via door in the front middle of the building, whilst there is a additional exit to back yard to the rear. The flat is currently let to a long-standing tenant at £300 pcm.

PREMISES

Two storey freehold property. On the ground floor, is the retail area along with back preparation and baking area as follows : Shop : Approx 8.41m x 4.68m. A light, airy retail area, well fitted out to include to 3 refrigerated display counters, 2 meat slicers, scales, as well as a large chiller. Shelving to the rear of the shop stores produce. Short passageway from retail area leads to back area. Accessed from front street, approx 8.23m x 5.09m, this is a well stocked preparation area that includes 2 mincers, meat shredder / grater, sausage making machine and a very large chiller. Also in this area are 2 chest freezers as well as other fixtures and fittings used in the preparation of produce. To the rear of this area is a further small room (3.48m x 3.68m) which contains a large 'Portway' Oven and a mixer used in the preparation of bakery produce. Leading from the short passageway are stairs down to a cellar which is used for storage. There are 4 chest freezers in the cellar. There is also a walled, rear yard with storage areas, and a fire escape staircase to first floor. At first floor level, there is a 3-bedroomed flat which is currently let at £300 p.c.m. with a long standing tenant in occupation.

TENURE

Freehold. It is understood that the title also includes some of the driveway to the right hand side of the property, but interested parties should have their solicitor to make their own enquiries.

LOCATION

Located in Front Street, Winlaton, set alongside other retail and professional outlets. The shop is prominently positioned in the main retail area of Winlaton, which is a busy community to the south of the River Tyne, west of Gateshead and near Blaydon.

FINANCIAL INFORMATION

Up to date accounts to November 2009 are held and accounts to November 2006 to 2008 can be made available to interested parties against the signing of a confidentiality agreement.

These latest accounts quote turnover at just over £282,000 mark and rising year on year, with VERY GOOD consistent profits being seen.

SUMMARY

This business is built around quality of produce and service and this attracts regular custom from the local community. Without direct major supermarket competition the business benefits from its good location and has consistently achieved good profits. A retirement sale, A GREAT OPPORTUNITY FOR SOMEONE LOOKING TO OWN / RUN A TRADITIONAL BUT VERY SUCCESSFUL BUSINESS with further openings available via business to business trade. Attractively and realistically priced .... Very much worth an enquiry!!