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Catering Shop Premises In Ideal Location For Sale

Romford, Essex
Asking Price:
£17,500
Turnover:
Available on request
Net Profit:
Available on request

Business
An excellent opportunity to purchase a retail premises and good will.

The premises has been trading as a butcher’s for approximately 40 years and as The Giggly Pig for the last 10.

The owner is moving premises and taking the brand and business with them. However, this is an ideal purchase for another butcher or catering concern to move into this premises as it has a fantastic retail/preparation area and excellent trading location situated within a highly populated residential area.

The shop is spread across two levels, the ground floor and the lower ground floor, occupies a corner position and has an enclosed and secure courtyard area to the rear, which allows parking for four vehicles.

The shop has space for approximately 10 workers across the two preparation areas.

• The assets in the business are worth in the region of £15,000
• It is saleable due to the proximity to A12 and M25
• Current owner pays no business rates
• The council lease keeps the annual rent reasonable

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
132 Petersfield Avenue is located in Harold Hill, Romford, Essex and is the current preparation premises for The Giggly Pig.

The shop is in a prime location just off the A12 and approximately a mile from Junction 28 of M25.

The premises is the end shop of a parade of approximately 20 shops in a highly populated residential are with plenty of customer parking to the front on the street and enclosed parking for four vehicles to the rear.

Premises
The premises is entered from the front into the foyer area with multideck display freezer, 3m x 2m walk in chiller and door way to the main preparation area

This area has been re floored recently, CCTV, sinks and a 4m x 3m walk in chiller. From this area there are stairs that lead to the lower ground floor.

The lower ground floor area has a 3m x 2m walk in chiller and sink.

Toilet facilities

Walk in store room with racking.

Door to the service yard, which is securely enclosed with a gateway to the rear which gives access and parking for at least four vehicles.

Tenure
We are advised the business is being sold as a Leasehold business opportunity.

Original Lease length: 15 years from 2012

Rent: £10,500 per annum.

We have been informed by our client that they do not pay business rates

The landlord is the local authority and they are flexible regarding lease renewal

Hours
The premises is currently open;

Monday to Saturday from 5.00 am
Sunday - Closed

However, we have been informed that there are no restrictions on opening times.

Staff
Not Applicable

Financial Profile
Not Applicable

Property information

Property:

Leasehold

Contact Information

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  2. Country

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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