Asian Grocery Shop and Butcher for Sale in Frimley, Surrey
Frimley, Surrey
- Status
FOR SALE
- Advert ID
658258
- Leasehold: £185,000 (Stock at valuation)
- Rent: £19,750 (£1,646 per month)
- Turnover: £300,000 (£5,769 per week)
- Profit: On request
Key Features
- Fresh meat display area
- Fresh meat selection
- Frozen food storage facilities
- Well-equipped preparation areas
Business Details
Asian Grocery Shop and Butcher for Sale in Frimley
Business Overview
An exciting opportunity to acquire a well-established and highly regarded retail business situated in the heart of Frimley. Benefiting from prominent street visibility, strong local community ties, and consistent footfall, this business represents a turnkey opportunity for an ambitious owner-operator or an existing retail portfolio looking to expand.
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The store currently operates as a comprehensive grocery and convenience store with an alcohol license. A standout feature of this business is the inclusion of a fully operational butcher counter—the only butcher within a multi-mile radius, drawing dedicated customers from the surrounding areas.
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Key Features
Prime Location: Situated in a high-traffic area of Frimley with excellent visibility.
Unique Offering: The only operational butcher counter in the immediate area, providing a strong competitive advantage.
Alcohol License: Fully licensed to sell alcohol, driving significant foot traffic and revenue.
Loyal Customer Base: A staple in the local community with high rates of repeat business and an excellent local reputation.
Turnkey Operation: Fully fitted out to a high standard with all necessary fixtures, shelving, and modern point-of-sale systems included in the sale.
Untapped Potential: Significant scope to increase revenue through extended opening hours, introduction of delivery services (e.g., Deliveroo, Snappy Shopper), or expanding high-margin product lines.
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Financial & Lease Details
Tenure: Leasehold
Rent: £19750 per annum
Lease Terms: 10-year lease from May 2024 to May 2034. Rent review scheduled for May 2029.
Business Rates: Rateable Value of £17,750. Currently benefiting from retail discounts and relief (amount payable for 2024/25 was £411.70).
Stock: Stock at valuation
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Premises
The ground-floor retail space is well laid out, bright, and optimized for maximum product display. The premises also include:
Purpose-built service counter and dedicated butcher section with cold room
Secure stockroom/storage area
Staff welfare facilities (kitchenette and W/C)
Comprehensive CCTV and security system
Garage space and parking included in the lease
Large cold room
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Reason for Sale
The business is reluctantly being placed on the market so the current owner can focus on other professional commitments and career progression.
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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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