Third Generation Family Butchers Available
New Milton, Hampshire
- Status
FOR SALE
- Date Submitted:
28/07/21
- Advert ID
280262
- Reference
H23009 / Rightbiz
- Call Agent:
- Leasehold: £29,950 (Stock at valuation)
- Rent: £18,000
- Turnover: N/A
- Net Profit: On request
Key Features
- Established Business
- Fully Fitted
- Price Further Reduced
Business Details
Third Generation Family Butchers Available
Goadsby Commercial present the only butchers shop in New Milton – in premium high street location. Third generation family butchers serving the local community since 1956. Spacious premises – large shop and preparation areas. The business could easily be expanded particularly the wholesale/delivery operation. This is a genuine retirement sale.
LOCATION
Prime High Street location in central New Milton. Edge of New Forest position. Christchurch approx. 6 miles. Lymington approx. 6 miles.
SUMMARY OF ACCOMMODATION
Butchers Retail Shop. Cutting Room. Kitchen. Cook Room.
DESCRIPTION
Security grill and outside canopy into Butchers Shop with large chiller display unit, free-standing display racking, wall mounted racking, glass fronted meat display fridges, servery counter, butchers block, meat slicer, 2 Epos tills with scales. Through into Lobby with insectocutor, wash hand basin, soap dispenser, hot water heater. Through into Cutting Room with mincer, power filler/sausage maker, butchers block, assorted tables, vacuum packer, over wrapper, printer scales, Berkel flat bed slicer for bacon, walk in freezer, walk in chiller. Toilet with low level WC, wash hand basin. Into Kitchen with rotisserie, deep bowl single drainer stainless steel sink unit, microwave and kettle. Door into Storage Area with coat hanging. Cook Room with laminated work top surfaces, base units, Clarifier (cooks hams and fat), vacuum packer for cooked meats, 4 hob burner.
TRADING & BUSINESS
The business is the only butchers shop in New Milton and is a long established business with an excellent reputation locally. The owner informs us that they currently operate 6 days a week from Monday to Saturday inclusive from 8am until 5pm. It is currently operated by the owner and one full time member of staff (there would normally be three members of staff). It is felt that the business could be significantly expanded and developed with a younger more vigorous ownership. The current owner has a number of wholesale clients including a restaurant chain and farm shops. He believes that this area of the operation could be significantly expanded by the new owner. The owner has provided us with accounts which show that in the year ending 29th February 2020 a turnover of £299,867 excluding VAT was achieved. Further accounts can be made available to genuinely interested purchasers.
TENURE
LEASEHOLD. A new FRI lease will be made available, subject to negotiation with 3 yearly rent reviews, at a commencing rent of £18,000 per annum, exclusive. We have not had sight of this lease documentation.
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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