Freehold Traditional Butchers | | Coseley West Midlands | | FREEHOLD TRADITIONAL BUTCHERS - WEST MIDLANDS 2 bedroom self contained accommodation (currently let) Advised turnover £300,000 PA with good profit returns | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 32435
ADVERT IMPRESSIONS : 12,492 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Butchers | | SALE: | Agent Sale | FREEHOLD: | £249,500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | FREEHOLD TRADITIONAL BUTCHERS - WEST MIDLANDS
2 bedroom self contained accommodation (currently let)
Advised turnover £300,000 PA with good profit returns
Ideal lifestyle change opportunity business
Situated in the town centre of Coseley
Large retail and display space
Scope for further development
FREEHOLD
Location
This traditional butchers shop is located in the popular town of Coseley, West Midlands. The business is situated on the town's main High Street which couples as a main through road. The business has a fine selection of neighbouring commercial businesses and retailers which draws shoppers to the location throughout the year. The business also benefits from the endless amounts of passing trade who travel on the through road on a daily basis. The area also has a large amount of residential homes close by which supplies the business with a consistent customer base living within a short travelling distance. Coseley is a very popular business and residential town due to its affordable housing, good schools, NHS services, excellent central shopping facilities and very easy road and motorway access. There are many other popular areas close by including Dudley, Wolverhampton and Birmingham to name a few. Both the M5 and M6 motorways are within 5 miles of the business which makes travelling and commuting very easy.
Business History
Meridian Business Sales are delighted to offer for sale this truly exceptional traditional butchers shop which has a very proud history dating back to the 1900s. Since 1996 it has been owned and run by our client who is only now placing it onto the market due to his strong desire for retirement. The business which is run and managed by our client with the assistance of staff achieves a very respectful advised annual turnover of £300,000 which is derived from the sale of a wide variety of fresh meats and associated products. The business is very well known and has enjoyed excellent levels of repeat trade for many years. The business also sees a healthy amount of new clients from good word of mouth recommendations and from the highly visible trading location set on a very busy High Street. Our client has gone to considerable expense on the presentation of the shop which has resulted in a truly well presented retail space. The property also offers a very sizable 2 bedroom self contained flat which would be suitable for owner's accommodation or as a residential let. The flat is in some need of light cosmetic modernisation but with a very small investment would mirror the exceptionally well presented shop. We feel that this is an ideal lifestyle change opportunity business and we urge early interest in this highly successful traditional butchers shop.
Financial Profile & Tenure
Turnover: £300,000pa, Gross profit: 35%
Stock approximately: £5,000, Flat let: £70pw
We are advised freehold
Opening Hours
Monday to Friday: 8:00am - 5:00pm
Saturday: 8:00am - 3:00pm
Sunday: Closed
Accommodation
2 storey property offering large first floor retail shop with sizable display space, sizable preparation and work spaces, first floor self contained 2 bedroom flat and external areas with parking for 2-3 vehicles and toilet facilities.
GROUND FLOOR - Very large front window with sizable display space, overhead canapé in front of window, large wooden door entrance allowing sizable access leading to a large open plan retail display and serving space, front egg and dairy displays, side display chillers displaying pre packed foods and meats, chest freezer for frozen goods, large L shaped serve over counter continuing to the front window display, very sizable display space advertising a wide range of meats, pies, pastries, sausage, bacon and associated goods also a top of counter sauce and condiment displays.
Behind counter - Walk through work space with large rear preparation space with meat slicer, scales, cash register, sealer, vacuumed sealer, chopping block and mincer.
Private areas - Utility wash area, open plan with stainless steel worktop, large wash basin and drainer, stainless steel shelving and flat access door.
Preparation work room, very large open plan work preparation area with stainless steel worktops, hand wash basin, chicken rotisserie, 2 large ovens, large mincer, stainless steel shelving, 2 x chest freezers, large band saw, walk-in chillers plus door to external area.
FIRST FLOOR - Stairs to reception landing accessing, bedroom 1 - single, bedroom 2 - double, family style bathroom with toilet, bath and wash basin, large living room and kitchen with worktops, wash basin and cupboards. (Currently let on a 6 months tenancy agreement for £70pw)
EXTERNAL - Large wooden gate access for vehicles, parking driveway for 2-3 vehicles, waste storage area, 2 x large walk-in chillers, toilet with wash basin, storage lock-up, storage outhouse, front of flat access with small courtyard area (slabbed), front door access to first floor flat and close by free communal parking facilities.
| | | | | | FOR SALE | | | | | REFERENCE: | 2016 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
