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BUSINESS REFERENCE : 1561 / RightBiz TRADITIONAL BUTCHERS WITH 5 BEDS | | | | | | TRADITIONAL BUTCHERS WITH 5 BEDS - SEASCALE Mid terrace property with 5 letting rooms (suitable for large family living accommodation) | | | BUSINESS LOCATION: | Seascale Cumbria UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Butchers | | SELLER: | Agent Sale | FREEHOLD: | £219950 | | | | | | | | | | | BUSINESS DETAILS: | TRADITIONAL BUTCHERS WITH 5 BEDS - SEASCALE
Mid terrace property with 5 letting rooms (suitable for large family living accommodation)
Monopoly trade with nearest competition 9 miles away
Turnover £150,000 with gross profit margin of 49%
Superb seafront location opposite large car park
Long established business since 1910
Retail and wholesale trade
FREEHOLD
Location
The business enjoys a mid terrace position on South Parade overlooking the Irish Sea and promenade amongst other complimentary shops & businesses. Directly outside the business, there is a large free car park, which allows customers hassle free parking. Seascale is a beach-resort and village in the county of Cumbria, England within easy disantce of both the Lake District National Park and the Solway Firth. The village is close to the A595 trunk road which provides access to the A66 and the M6 beyond
Business History
Meridian Business Sales are delighted to offer to the market this superb traditional butchers which was first established in 1910 and has been in our clients careful ownership for the past 9 years. The only reason the business is now being offered to the market is to allow our clients to emigrate to New Zealand to join their family. The business has a respectable turnover of £150,000 pa and is profitable with gross profit margins at 49% derived from the sale of fresh and locally sourced meat, cooked meats, sauces, fats, pate, chutneys, milk and various other food stuffs. It is the only butchers within a 9 mile radius of the town and the business enjoys substantial levels of repeat business and regular trade as well as providing wholesale meat products to local businesses such as pubs, restaurants and sandwich shops. The property is extensive comprising the shop and above and to the rear, a fully fitted kitchen, living room, large hall way and 5 letting bedrooms which currently return £100 per week each when fully occupied in rental and which would also accommodate a comfortable family living accommodation if the new owners so wished. The current owners do not pursue the letting potential of the property to its full and with careful marketing this property could return £26,000 additional income per annum at full occupancy. This is an excellent opportunity to purchase a local area business and our clients would be happy to remain in place for a short while after completion to ensure a smooth transition to the new owners. Early viewing is highly recommended.
Financial Profile
Turnover: £150,000pa
Gross profit: 49%
Stock: £2,500 (approximately)
Tenure
We are advised freehold
Opening Hours
Monday - Friday - 8.00am - 5.00pm
Saturday - 8.00am - 1.00pm
Sunday - Closed
Accommodation
Mid terrace, 4 storey seafront property, with CCTV to the shop and rear yard briefly comprising:
LOWER GROUND FLOOR
Extensive rooms previously used for storage
GROUND FLOOR
Single entrance with door to shop and hallway and door to living accommodation. Shop sales area with:- Large display window, 6 ft chiller display, 7ft chiller display, 3 ft chiller display, till, industrial meat slicer, large chest freezer, meat block, weighing scales, access to rear area. Rear area with:- Cold store, preparation area, industrial meat / bacon slicer, industrial mincer, stainless steel tables, large wooden meat block, large sink and basin, storage shelves, industrial walk-in cold store, hot water boiler, back door accessing rear yard. Living accommodation with:- Hall with stairs to 1st floor, living room, fully fitted kitchen
FIRST FLOOR
Feature staircase to Room 5 double (could be made into 2), bathroom with shower, separate WC, separate shower room, 4 bedrooms all with feature fireplaces, Room 2 single with sea views, Room 3 double, Room 4 double
SECOND FLOOR
Room 1 large double (could be made into 2)
EXTERNAL
Secure rear yard area, large free car park to front, separate boiler room (new boiler 2 year ago) with:- 2 chiller cabinets Storage room with:- Ham boiler machine | | | | | CONTACT: | MERIDIAN BUSINESS SALES | | TELEPHONE: | 0845 222 0508 | | REFERENCE: | 1561 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
