Status: For Sale
Tenure: Leasehold
Leasehold Rent: £14,000 per annum
Turnover: £400,000
Busy Butcher Business in Faversham For SaleBusy Butcher Business in Faversham For SaleBusy Butcher Business in Faversham For SaleBusy Butcher Business in Faversham For SaleBusy Butcher Business in Faversham For SaleBusy Butcher Business in Faversham For Sale
£80,000 + SAV

Busy Butcher Business in Faversham For Sale

For Sale
  • Reference: 13579 J
  • Location: Faversham, Kent
Hilton Smythe is delighted to welcome to the market this popular and well-established butcher's business, which is ideally located within Faversham, Kent.

The business was originally established by our client in 2002 and is only now, reluctantly, being offered to the market, due to our clients' other business interests. The business currently operates 5 days per week and generates a turnover in the region of £400,000 per annum, with a gross profit of approximately 38%, according to the 2016 accounts.

Our clients' offer a wide range of goods including fresh meats, poultry, cooked meats and homemade sausages, to name a few. Our clients also supply some restaurants and public houses within the area. The property boasts 60 sq. metres of floor space, is very well maintained and extremely well fitted out to suit the trade.

The business has built up an excellent reputation within the area for the very high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering Monday trading, as the business is currently closed on that day. A new owner could also embark on a modest marketing campaign to advertise the business and expand the amount of commercial work offered. We also feel the business would benefit from the launch of a website to promote the goods offered. Our clients have taken advantage of social media, with a page on Facebook, which has 350 likes.

This is an excellent opportunity for a new owner to take this already thriving butchers to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

TENURE

We are advised Leasehold:

Original lease length: 10 years
Remaining lease length: 5 years
Rent: £14,000 per annum

HOURS

The business is open:

Monday: Closed
Tuesday - Saturday: 7.00am - 5.00pm
Sunday: Closed

STAFF

The business is owner run and managed with 2 x full time and 1 x part time butchers.

FINANCIAL PROFILE

The business generates a turnover in the region of £400,000 per annum, with a gross profit of approximately 38%, according to the 2016 accounts.
Baldy Butchers occupies substantial ground floor premises, ideally located within the popular market town of Faversham in Kent. The business is situated on the very busy East Street and is surrounded by a wealth of complimentary shops and businesses, therefore benefiting from a high volume of footfall and passing trade. Faversham is home to many densely populated residential areas, from which the business derives much trade.

Faversham is a market town and civil parish in the Swale district of Kent. According to the 2011 census, the town had a residential population of 19,316. Faversham is a beautiful town, popular with tourists and visitors, due to the half-timbered buildings and full range of independent shops. The town also boasts Britain's oldest brewery and historic delivery vehicles.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. Faversham railway station is just a five-minute walk away, with trains to London, terminating at either Victoria or St. Pancras International. The area is also well served by the A-roads, with both the A2 and A299 being within easy driving distance, which link to the national A-road and motorway networks. London is approximately 48 miles away and Canterbury is 10 miles away.
Substantial ground floor premises in a prime trading location, briefly comprising:

Large display window with chiller unit.
Full length serve over chiller counter.
Rear preparation room.
Chilled store room.
Staff WC.

Equipment included:

Main shop.

Air conditioning throughout.
Chilled window display unit.
15 ft. serve over chiller unit, glass fronted.
Electronic cash register.
Overwrapper.
Bag sealer.
Stainless steel cupboard.
2 x butcher's blocks.
2 x electronic weighing scales.
Stand alone, multi-decked chiller unit.
Vacuum packing machine.
Stainless steel preparation table.

Rear preparation room.

Stainless steel sink unit.
Butchers block.
Stainless steel preparation table.
Mincing machine.
Small refrigerator.
Microwave oven.
Sausage filler.
5 metre x 3 metre walk-in chiller unit.
Hanging meat hooks.
Butchery equipment.
2½ metre x 2½ metre walk-in freezer

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