Status: Completed
Tenure: Freehold
Turnover: £234,000
Established Butchers In Powys For SaleEstablished Butchers In Powys For SaleEstablished Butchers In Powys For Sale
Price Reduced
£155,000 + SAV

Established Butchers In Powys For Sale

Completed
  • Reference: 1485
  • Location: Crickhowell, Powys
Hilton Smythe proudly introduces to the market F E Richards. The business has been successfully trading for some thirty years.

The business operates from Grade II listed premises, one of the oldest buildings in the village.

F E Richards is a traditional family run butchers offering an excellent selection of quality, fresh meats and enjoys the loyalty of a large customer base. The butchers stock a superb selection of locally sourced produce (raw meats only), including bacon, pork and leek sausages, fresh chickens, joints of beef, chops, homemade beef burgers, along with a plentiful selection of fruit, salad ingredients, vegetables, fresh eggs, and a comprehensive range of preserves.

F E Richards supplies a selection of local hotels and pubs as well as to the public.

We feel there is massive scope for further development by either expanding or introducing additions food items; perhaps a deli counter, or a selection of cheeses along with a range of cooked meats.

The business has come on to the market reluctantly due to the clients wish to retire after becoming ill three years ago, therefore being unable to work to full potential, this leading to the decision to cease the sale of cooked meats and deli products and also not supplying any new catering premises.

Should the new owners choose to re-introduce deli products and cooked meats back into the business along with supplying new catering premises, these measures would benefit the loss in the last three years figures.

TENURE

We are advised the business is Freehold.

HOURS

The business currently opens

Monday and Tuesday 8.00 am to 5.00 pm
Wednesday 8.00 am to 2.00 pm
Thursday and Friday 8.00 am to 5.30 pm
Saturday 7.30 am to 4.30 pm
Sunday Closed.

STAFF

The business is currently owner managed.

FINANCIAL PROFILE

The business reports a turnover of £234,000 per annum.

OTHER

The business is located in the visually stunning town of Crickhowell, Powys, occupying a prominent corner position on the busy main High Street, surrounded by complimentary businesses guaranteeing heavy footfall.

Crickhowell lies on the River Usk, on the southern edge of the Black Mountains and is in the eastern part of the Brecon Beacons National Park. Significant parts of the surrounding countryside, over 20,000 acres form part of the Glanusk Park estate. The town has a population circa 2800.

The town and its surrounding villages have attractions that are enticements for all visitors to this wonderful part of Wales.

The business is situated on the A40 and is easily accessible from the M4, M50 and M6 motorway network.
The business operates from the ground floor of a charming Grade II listed building. Positioned on the busy high street, within the town centre on a retail parade, benefiting from on road parking, conveniently close by to the bus stop and municipal car park.

The entrance to the single fronted business lies on the busy main high street, incorporating a striking canopy over the forecourt fruit and vegetable display area.

This corner positioned premises briefly comprises:- purpose built retail area, easy clean flooring, very well equipped to a high standard, three glass serve over display counters, three tier shelving to the walls displaying an abundant choice of preserves, beneath the display of preserves an additional two tier shelving unit displays an extensive choice of vegetables.

The meat preparation area houses a large meat slicer, mincer, vac packer, electric oven, freezers, fridge freezer, large wooden butchers block, weighing scales, stainless steel sink. incorporating soap dispensers with hand washing facilities.

Two cold rooms, measuring 8ft x 12ft, walk in chiller, store room, along with w.c. are all situated to the rear of the property.

The property benefits from a side yard area.