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

Description

The business averages a weekly turnover of £25,000 to £30,000, with an approximate gross profit of 35 percent. The operation benefits from attractive rental income.The premises are double fronted and extend to approximately 1,500 sq. ft., fitted with electric shutters, tiled flooring, and a suspended ceiling with LED lighting. Equipment includes a sales counter, EPOS till, refrigerated butchers display counter with storage section, scales, modern adjustable shelving, a 10 metre open cool display unit, three display freezers, and a CCTV system with eight cameras and one monitor.Additional facilities include a toilet with WC and wash hand basin, two walk-in cold rooms, a basement of approximately 450 sq. ft. used for storage, a kitchen, and an office.AccommodationTwo self-contained flats with gas fired central heating and double-glazed windows, currently let on shorthold tenancies generating rental income of £2,500 per month. Each flat comprises:* Two bedrooms including one double and one single* Lounge* Kitchen* Bathroom with bath, WC, and wash hand basinPriceTo include goodwill, fixtures and fittings £375,000 plus stock at valuation of approximately £35,000. Substantial finance may be available to approved applicants.