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Established Butchers Or Investment Property For Sale

Newcastle Upon Tyne, Tyne and Wear
Asking Price:
£109,950
Turnover:
£365,000
Net Profit:
Available on request

Business
Hilton Smythe welcomes to the market Lemington Butchers. The business was originally founded by our client some 30 years ago and is very well supported by the local residents seeing a lot of repeat trade.

The butchers is very well known in the area and has a fantastic reputation for the quality of locally sourced produce and friendly service. As well as supplying a fantastic range of meats including home-made sausages, additional revenue is generated from the retail of hot and cold sandwiches, beverages, special barbecue packages, pies and pastries. The business reports a healthy turnover of £365,000 per annum.

Our client advises that although he provides to some local businesses, the wholeside side of the business is currently not run at its full potential and could easily be increased with a modest marketing campaign.

The butchers is a really good size and has an excellent level of equipment with produce clearly displayed. The business is ready for a new owner to walk in and start trading immediately.

In addition, there is a 2 bedroom flat above the business, currently used for storage, but would be ideal as either owner’s accommodation or equally could be let out to generate additional income.

Early viewing of this long established and profitable concern is highly recommended with the business genuinely coming the market as our client looks towards a well-deserved retirement.

Location
The business occupies a prominent corner position in Lemington, just on the outskirts of the City Newcastle upon Tyne.

Lemington Butchers is at the heart of the community, situated in a densely populated residential area from which the business derives much trade. The business is close to a large office block and supermarket and is situated on a main commuter road with regular bus services running past. Conveniently there is a bus stop within walking distance.

Lemington is easily accessible from the A1 and A69 with the nearest railway stations are at Blaydon and the City centre.

Premises
The business occupies a prominent corner position in Lemington, just on the outskirts of the City Newcastle upon Tyne.

Lemington Butchers is at the heart of the community, situated in a densely populated residential area from which the business derives much trade. The business is close to a large office block and supermarket and is situated on a main commuter road with regular bus services running past. Conveniently there is a bus stop within walking distance.

Lemington is easily accessible from the A1 and A69 with the nearest railway stations are at Blaydon and the City centre.

Tenure
We are advised freehold.

Hours
The butchers opens:-

Monday to Friday 7.00am – 6.00pm
Saturday 7.00am – 5.00pm
Sunday closed.

Staff
The business is owner run and managed with the assistance of 2 full time and 2 part time members of staff.

Financial Profile
The business reports a healthy turnover of £365,000 per annum.

Property information

Property:

Freehold

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