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Highly Reputable Butchers Specialist Sausage Makers In Gloucestershire For Sale

Gloucestershire, UK
Asking Price:
£125,000
Turnover:
£604,376
Net Profit:
Available on request

Fantastic opportunity to purchase a long established butchers, incorporating a farm shop/deli, located in Cheltenham. This is a very long established local business with a strong local brand and famous product range. This highly reputable business has enjoyed consistent sales growth in recent years, generating excellent profits to a full-time working owner. The business is reluctantly offered for sale due to other business interests.

Key features:
- Long established concern – 2nd generation business – established by vendors father in 1983 very strong local brand and famous product
- High quality butcher with deli/farm shop – close to motorway and three town centres
- Main trust of business is sausage making – generates 60% of sales from a wide selection of speciality sausages – trade split 50/50 retail sales and trade-related catering customers – large customer base
- High & rising year-on-year turnover – net sales 12 months to June 2023£604,376 with excellent profits generated.
- Further growth potential via social media and e-commerce
- Operating from 2,232 sq. Ft. Light industrial unit within a popular trading estate comprising: retail area with store, open plan cutting area, production area, kitchen, office, store room, dry ingredients store, walk-in refrigerator
- Outside: freezer room (holds 12-15 pallets)
- New lease available
- Genuine reason for sale
- Internal inspection invited - all viewings strictly by prior appointment only through the vendors sole agents Business Partnership

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on lease and the landlord will grant a new lease to a prospective purchaser simultaneous with the business purchase. The Landlord has proposed a six year term at a commencing rent years one and two of Unit 1£11,328.00 + VAT and Unit 1a £7,160.00 + VAT

Annual Service Charge Year one Unit 1: £1,294.86 + VAT and Unit 1a: £818.43 + VAT

The leases are held on fully repairing and insuring terms.

Subject to the status of the purchaser, the landlords may request a rent deposit equivalent to 3 or 6 months’ annual rental to be held for the duration of the lease. Prospective purchasers should take this into consideration when preparing financial forecasts and budgets.

Location:

Situated on a popular rural industrial estate in Chletenham.

Premises Details:

Light industrial unit.

Size in square feet:
2,232

Business Operation

Reasons for selling:

Genuine reason for sale, reluctantly offered due to other business interests.

Years established:
40