RETAIL BUTCHER AND TRADITIONAL BAKERY
PRICE: £225,000 plus SAV - LEASEHOLD
LOCATION – VILLAGE, EAST SUFFOLK
REF: G0131S
RETAIL BUTCHER & TRADITIONAL BAKERY that is COMPLETELY UNOPPOSED trading from a DOUBLE LOCK-UP SHOP within a LOCAL SHOPPING PRECINCT, placed in a DISTINCTIVELY RESIDENTIAL AREA surrounded by FREE CAR PARKS, located in this AFFLUENT VILLAGE – EAST SUFFOLK. The business was ESTABLISHED IN 1984 and has operated under the SAME OWNERSHIP FOR 25 YEARS by our clients, who have now brought it to market with a GENUINE REASON FOR SALE. Current takings are IN EXCESS OF £18,000 PER WEEK, generating a 48% GROSS PROFIT MARGIN whilst still offering FURTHER POTENTIAL to increase revenues. We are advised that the premises are held on a SECURE LEASE at a current rental of ONLY £14,500 PER ANNUM plus VAT and benefits from ZERO BUSINESS RATES PAYABLE. The premises have LOW OVERHEADS and are EXCEPTIONALLY WELL PRESENTED throughout with a FULL COMPLEMENT OF EQUIPMENT included within the sale. Sole Agents, ESSEX AND SUFFOLK BUSINESS SALES, are delighted to offer this HIGH TURNOVER BUSINESS to the open market and expect strong levels of interest from industry competitors, so an EARLY VIEWING IS ADVISED.
- Asking Price:
- £225,000 Furniture / Fixtures included
- Turnover:
- £955,000
- Net Profit:
- £125,000
Property Information
- Property:
-
Leasehold
- Leasehold Rent:
-
£14,500 per annum
- Size in square feet:
- 1,100
Business Operation
- Management type:
- This business is owner operated.
