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Catering & Retail Butchers Virtual Freehold In Southend-On-Sea For Sale

Southend-On-Sea, Essex, UK
Asking Price:
£375,000 Furniture / Fixtures included
Turnover:
£1,500,000
Net Profit:
£50K - £100K

CATERING & RETAIL BUTCHERS
PRICE: £375,000 plus SAVVIRTUAL FREEHOLD
LOCATION – SOUTHEND ON SEA, ESSEX
REF: G0056E
Virtual freehold catering & retail butchers operate from a prime trading position on this local shopping parade that is directly opposite a bus stop and in a highly built-up residential area located in Southend on Sea, Essex. The business has been established since 1967; it has operated under the same family for almost 50 years and has come to market with a genuine reason for sale by the current owner of 10+ years. We are advised that current takings average £25,000–£30,000 per week, with the annual turnover on the latest accounts showing net sales of £1,405,083. The premises benefit from zero rates payable and are fitted to a high standard, while the business is being sold with a full complement of equipment, including two signed refrigerated vehicles. Having built up an enviable reputation, the retail business is supported by 70+ commercial clients that include schools, pubs, care homes, restaurants, and the catering trade. Rarely does a butcher of this calibre in this type of area with such a high volume of turnover come to market. Viewing is highly recommended by sole agents Essex and Suffolk business sales.

Property Information

Property:

Freehold

Size in square feet:
750

Business Operation

Years established:
50