Butchers and convenience store for sale in the City of London with good weekly turnover

Description

Business type: retail food store with butcher counter

Financial Information

Average weekly turnover: £25,000–£30,000

Gross profit margin: approximately 35%

Monthly rental income: £2,500

Retail Premises

Ground-floor area: approximately 1,500 sq. ft

Frontage: double fronted

• Electric shutters
• Tiled flooring
• Suspended ceiling
• LED lighting

Retail Equipment

• Sales counter
• EPOS till
• Refrigerated butcher display counter with storage
• Weighing scales
• Modern adjustable shelving
• Ten-metre open display chiller
• Three display freezers
• Eight-camera CCTV system
• One CCTV monitor

Additional Facilities

• Two walk-in cold rooms
• Kitchen
• Office
• Toilet with WC and wash hand basin

Basement

Basement area: approximately 450 sq. ft

Current use: storage

Residential Accommodation

Self-contained flats: two

Current tenancy type: shorthold tenancies

Heating: gas central heating

Windows: double glazed

Each flat comprises:

• One double bedroom
• One single bedroom
• Lounge
• Kitchen
• Bathroom with bath, WC and wash hand basin

Sale Terms

Asking price: £375,000

The price includes:

• Goodwill
• Fixtures
• Fittings

Estimated stock value: approximately £35,000

Stock purchase: additional at valuation

Funding

Business finance: may be available to approved applicants