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Award Winning Butchers with Accommodation

Undisclosed, Northamptonshire
Leasehold Price:
£195,000
Asking Price:
£535,000
Status
FOR SALE
Advert ID
258298
Reference
B05697 / Rightbiz
Business
Leasehold Option £195,000 + SAV

Hilton Smythe welcomes to the market this outstanding Butchers in a sought-after village location.

This long-established business of over 50 years has built up an enviable reputation within this sector of the market for quality and customer service and is award winning and which due to retirement this rare and exciting opportunity has now become available.

The business benefits from its long-standing customer and business relationships supplying meat to both the local community and surrounding businesses providing the finest cuts of locally sourced British Red & White meat with Beef, Pork, Chicken and lamb available.  The business also specialises in homemade sausages & marinades as well as providing a Hog Roast service which is very popular and ideal for parties and social gatherings.

The business functions primarily as a Butchers shop but also fulfils bespoke bulk orders for pubs, restaurants, hotels and golf clubs and can be as large or small as required making them also ideal for schools, councils, weddings & christenings.

This therefore represents an excellent opportunity for a new operator to take this established business to the next level by increasing the online presence and creating an on-line ordering platform along with growing the local delivery service building the customer base further.

The shop currently also has a deli section which has excellent growth potential and could be expanded with the new operator introducing additional products and services to this successful Butchers shop.

The business is being offered to the market with both freehold and leasehold options with the site having the added benefit of a two-bedroom apartment with separate entrance to the first floor and a large service yard to the rear of the premises.



Location
The business is situated along Spencer Parade in asought-after village in Northamtonshire.

The site is easily accessible on foot and by all modes of transport with excellent road network links, with easy access to the surrounding towns and villages with easy access to the main arterial routes, a bus service passing the shop and plenty of free on street parking to the front and surrounding the site.



Premises
Detached property.

Entrance off the street into main trading area with service counter and food display units, food chillers with integral display, meat slicing machine, preparation counter, rear meat preparation area with stainless tables & counters, chopping boards 2 x integral walk in fridges 2 x WC’s office area with rear access out to yard.

Lower ground floor office area external buildings comprising storage and fridge freezer units.

Hard standing area for delivery vehicles.

Side access to the rear yard, entrance to refurbished first floor apartment comprising 2 x double bedrooms with integral wardrobe space, family bathroom, Kitchen, open plan living room with access out onto the ground floor roof.



Tenure
We are advised the business is being sold as a Freehold opportunity.

The business is also being offered to the market on a leasehold basis with new lease terms to be agreed with the initial rent on the site to be in the region of £18,500 per annum.

The vendor would also consider selling the site on its own an investment opportunity. The two-bedroom apartment let out on an AST we anticipate would generate a rental income in the region of £7,000 per annum.



Hours
The opening hours are currently:-

7.00am to 5.00pm Tuesday to Friday and 6.00am to 1.00pm Saturday.



Staff
The business is run and managed by the current vendor with the assistance of 16 staff members.



Financial Profile
We are advised the business is turning over in the region of £1,569,695 per annum.

Business/Water rates in the region of £2,154 per annum.



Listing Details
Leasehold Price: £195,000
Asking Price: £535,000
Tenure: Freehold
Tenure: Leasehold
Location: Undisclosed, Northamptonshire
Sector: Butchers, Delicatessens
Financials
Annual Turnover: £1,569,695
Contact Agent
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Advert Reference: B05697 / Rightbiz

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