RECENTLY CLOSED VACANT FITTED FORMER BUTCHERS PRICE: £25,000 PREMIUM – LEASEHOLD £12,500 PA

RECENTLY CLOSED VACANT FITTED FORMER BUTCHERS
PRICE: £25,000 PREMIUM – LEASEHOLD £12,500 PA
LOCATION: COLCHESTER, ESSEX
REF: G0148E

RECENTLY CLOSED VACANT FITTED FORMER BUTCHERS measuring approximately 908 SQ. FT., occupying a PRIME CORNER PROPERTY within a DISTINCTIVELY RESIDENTIAL AREA and positioned DIRECTLY OPPOSITE A SCHOOL in COLCHESTER, ESSEX. The business was COMPLETELY UNOPPOSED and had established an excellent position within the local community. The business was FAMILY ESTABLISHED FOR OVER 100 YEARS and had operated under the SAME OWNERSHIP SINCE 1983, with our client having recently closed the business in August and now bringing the opportunity to market as a GENUINE RETIREMENT SALE. Over many decades, the business developed a HIGHLY ENVIABLE REPUTATION amongst a LOYAL & REGULAR CUSTOMER BASE, who valued the quality of the products and service, together with the 5-STAR FOOD HYGIENE RATING. We understand there is genuine local interest in seeing the premises re-opened. The premises benefit from LOW OVERHEADS, are reasonably presented throughout and have ZERO BUSINESS RATES PAYABLE. The property is being offered with a FULL COMPLEMENT OF EQUIPMENT, creating an excellent TURN-KEY OPPORTUNITY for an incoming purchaser to recommence the existing operation or introduce an alternative concept with minimal initial expenditure. Whilst we believe the true value lies in the GOODWILL, HISTORICAL TRADING, FAMILY HERITAGE & LONGSTANDING OWNERSHIP, together with the extensive inventory of equipment included in the sale, the premises lend themselves to a VARIETY OF USES, subject to any necessary consents. Potential alternative uses could include a COFFEE SHOP, CAFÉ, SANDWICH BAR, BAKERY, GROCERY SHOP, CONVENIENCE STORE, RETAIL SHOP, TAKEAWAY or potentially an OFF LICENCE. We understand that a NEW LEASE IS AVAILABLE at an asking rental of ONLY £12,500 PER ANNUM, offering an attractive rental commitment for a premises of this size and position.

Opportunities combining such a long trading history, established local reputation, existing fit-out and LOW OCCUPATIONAL COSTS rarely become available. We therefore anticipate strong interest from both experienced operators and entrepreneurs looking to establish a new business within an established residential catchment. Sole agents ESSEX AND SUFFOLK BUSINESS SALES are delighted to offer this RECENTLY CLOSED VACANT FITTED FORMER BUTCHERS to the open market and strongly recommend that an EARLY VIEWING IS ADVISED.

FREEHOLD Including 1 Bedroom Flat – Available OIRO £250,000 – REF: I0149E