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Traditional Family Butchers In Gloucestershire

Newent Gloucestershire
Traditional Family Butchers Newent, Gloucestershire T/O: £200,000 GP: 50% Scope to increase turnover Well-equipped Loyal customer base Village location
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 62847
ADVERT IMPRESSIONS : 6,209 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Butchers
SALE: Agent Sale

LEASEHOLD:

£94,950

ANNUAL RENT:

£13000
 

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BUSINESS DETAILS:

Location
Gurney's occupies ground floor premises and is ideally located in a main road trading position in the centre of Newent, Gloucestershire. The butchers is situated in a parade of shops and businesses and is surrounded by a densely populated residential area, from which it draws much trade. The shop benefits from ample parking, nearby bus stops and a wide variety of amenities in the vicinity. The business boasts easy access to the A-road network and the M50 is approximately 4 miles away. Newent is a historic market town and lies approximately 8 miles north west from Gloucester and approximately 18 miles of Cheltenham.

Business History
Preferred Commercial is pleased to offer for sale this traditional family butchers, which was established by our client in 1994 and which is only now being placed on the market due our client's other business commitments. The business generates a turnover in the region of £200,000 per annum with a gross profit of 50%, derived from traditional butchery produce, which is locally sourced, homemade pies and by providing local catering services to pubs, hotels and supermarkets. Our client currently trades 5-days per week at a pace to suit. The premises are well-equipped to suit the trade and are maintained to a high standard throughout, boasting a large open-plan sales area, with a single fronted window display, a spacious preparation room, along with free rear parking forecourt. Our client has developed an excellent reputation and a loyal customer base by offering a welcoming and friendly service. We feel that turnover could be increased by introducing a modest marketing campaign by perhaps, targeting corporate clients and by expanding on the delivery service currently offered. We feel this represents an ideal opportunity to acquire a thriving butchers, which is in a walk-in-and-trade condition. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £200,000 approx.
GP: 50%

Opening Hours
Mon: Closed
Tue: - Sat: 08.00am - 5.30pm
Sun: Closed

Accommodation Details
Single fronted, ground floor lock-up premises with rear parking forecourt. Briefly comprising:

Ground Floor
• Open-plan sales area with tiled flooring and chilled window display, L-shaped chilled serve-over counters, electronic cash register, open display chiller, upright freezer, large wooden butchers black, vacuum packer, raw and cooked meat scales, meat slicer, large walk-in chiller
• Preparation room with a range of fitted units, oven, fryer, mincer and rear exit
• WC

External
• Canopy forecourt
• Car park to rear

Tenure
Leasehold
Original length: 25 years
Remaining lease length: 8 years
Rent review: Every 5 years
Rent: £13,000 per annum
   
  FOR SALE
   

REFERENCE:

2439 / RightBiz
   
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