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Established Butchers High Street Location Fleet For Sale

Fleet, Hampshire
Asking Price:
£154,995
Turnover:
£367,318
Net Profit:
Available on request

Business
Hilton Smythe are delighted to offer to the market Clarks Butchers, established in 1898 and purchased by our clients in 2002. Clarks Butchers is now offered to market due to the desire to retire.

The business is split between 70% walk in retail customers and 30% commercial delivery work which includes nursing homes, pubs and restaurants. There is also a healthy weekend hog roast side to the business which is very profitable and could easily be doubled by any new owner.

The thriving butchers offers English beef, pork, lamb, veal, offal, game and poultry with a choice of cuts, BBQ packs, catering packs, family packs to special cuts for smaller dinner parties.

Deliveries are daily from Reading, Farnborough, Wimborne, Oxford and Epsom. Our clients would ensure all supplier details and orders are handed over to the new buyer.

The renowned business also comes with a self-contained flat which generates £750pcm.

Location
Clarks Butchers is situated on the main shopping high street on Fleet Road in Fleet, Hampshire.

Fleet is a thriving town, 36 miles southwest of London and 10 miles east of Basingstoke. It's a part of and is the major town of the Hart district.

There is development in the area, building over 500 new homes.

To find a shop to lease on the high street is extremely hard. The high street contains many independent shops as well as high street chains, supermarkets and restaurants. The main Hart indoor shopping centre is less than 2 minutes’ walk away; which attracts daily heavy footfall and passing trade.

There are 3 main pay and display carparks, 1 of which is behind the butchers.

Fleet main line station is less than a mile away.

Fleet road links to the M3 motorway.

Premises
Clarks Butchers is situated on the main shopping high street on Fleet Road in Fleet, Hampshire.

Fleet is a thriving town, 36 miles southwest of London and 10 miles east of Basingstoke. It's a part of and is the major town of the Hart district.

There is development in the area, building over 500 new homes.

To find a shop to lease on the high street is extremely hard. The high street contains many independent shops as well as high street chains, supermarkets and restaurants. The main Hart indoor shopping centre is less than 2 minutes’ walk away; which attracts daily heavy footfall and passing trade.

There are 3 main pay and display carparks, 1 of which is behind the butchers.

Fleet main line station is less than a mile away.

Fleet road links to the M3 motorway.

Tenure
This is a leasehold sale.

A new 10 year lease is to be offered with rent of just £15,000.

If flat rent is received business rent is only £6,000 per year.

£0 rates payable.

Hours
Monday: 7am - 11am
Tuesday to Thursday: 7am - 5.30pm
Friday: 7am - 6pm
Saturday: 7am – 2pm
Sunday: Closed

Staff
The business is run by the two owners with the help of two part time staff and two part time drivers.

Financial Profile
As of 2016 accounts turnover was £367,000, with a gross profit of 43%.

Assets worth around £30,000.

Property information

Property:

Leasehold

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