Top Butchers Shop in Bognor Regis West Sussex for Sale - Gaterells of Felpham
Bognor Regis, West Sussex
- Status
FOR SALE
- Date Submitted:
07/02/23
- Advert ID
507930
- Reference
B07198 / Rightbiz
- Call Agent:
- Leasehold: £149,950
- Turnover: £347,717 (£6,687 Per week)
- Net Profit: £3,175 (1% Profit margin)
Business Details
Highly Rated Butchers Business For Sale
BusinessPlease quote reference B07198
CoGoGo are delighted to welcome to the market Gaterells Of Felpham, a highly rated Butchers Shop business in Bognor Regis, West Sussex.
The business has been under our clients ownership since 2000, building up an excellent reputation and loyal client base during its many years of trading.
The butcher shop has now come to the open market due to our clients desire to semi retire.
Gaterell Butchers are a bespoke butchers selling only the very best quality meat, poultry, game and many other products. They offer a UK wide delivery service to allow customers far and wide the chance to enjoy their exceptional produce.
Gaterell Butchers produce includes some of the best lamb, beef and pork joints on the market. They offer two packages for customers and nationwide delivery for their convenience. Their selection also includes dry cured bacon, gammon joints and exceptional seasonal meats to ensure customers get the best all year round. They also specialise in award winning pies and ready meals.
Gaterell Butchers stocks and supplies fresh vegetables and fruits at exceptional prices. They have a wonderful array of fresh vegetables, fruits and seasonal supplies throughout the year. Their products are sourced from local farmers in the area.
Key selling point -
- Well established village business with an excellent reputation
- Affluent area with new housing gone up and going up in village catchment
- Scope to increase catering and home deliveries
- Almost all equipment is well maintained and not very old
Location
Gaterells Of Felpham is located on Felpham Rd, in Bognor Regis, West Sussex.
The business has eye catching signage, receiving high levels of footfall and passing trade.
Premises
Ground floor -
- Shop area
- Walk in chillers and freezers
- Outside toilet
- Fully fitted kitchen with a large rational oven
- 2 Bedroomed flat (Opportunity for new owner to use as living accommodation or let it out)
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 15 year lease. The rent is £1,666.66 per month (rent is fixed for the next 3 years).
Landlord is willing to sell the freehold shop.
Hours
The current trading hours are -
Monday – 7:00am to 5:00pm
Tuesday – 7:00am to 5:00pm
Wednesday – 7:00am to 5:00pm
Thursday – 7:00am to 5:00pm
Friday – 7:00am to 5:00pm
Saturday – 7:00am to 5:00pm
Sunday - Closed
Staff
We are advised that the business has 4 members of staff.
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £360,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
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Contact seller
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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