Hilton Smythe is delighted to introduce to the market Cherry Tree Butchers Ltd. Originally founded by our client in 2006 this traditional family Butchers has firmly established an excellent reputation for the quality of the produce.
The butchers is very popular due it is fantastic location and is well supported by its loyal client base as well as benefiting from busy passing trade. The shop is fully equipped and very well maintained throughout, offering a wide range of quality meats and poultry which is locally sourced where possible. The business is extremely well run and managed with a highly skilled workforce resulting in excellent turnover.
Further revenue is generated from rental income from a 2 bed room flat above the business and 3 garage units to the rear of the business.
This is an ideal turn key business opportunity which genuinely comes to the market as our client looks towards semi-retirement.
Cherry Tree Butchers Ltd is one of three highly successful butcher shops, another is based in Bury St Edmunds, Suffolk see Hilton Smythe reference 1929 for more information. Our client intends on retaining the third business.
TENUREWe are advised leasehold.
The original lease length is 10 years with 6 years remaining, reviewed every 5 years. Rent is £10,000 per annum.
HOURSThe business opens:-
Monday to Saturday 7.00am - 5.00pm
STAFFThe business is owner run and managed with the assistance of a skilled workforce of 2 full time and 1 part time members of staff.
FINANCIAL PROFILEThe business reports a fantastic turnover of £195,970 per annum with gross profit at £73,418.
Cherry Tree Butchers occupies a prime trading position within a main retail parade in the lovely market town of Mildenhall in Suffolk. Clearly visible to passing trade with a vibrant canopy frontage and further benefits from parking to the rear.
Mildenhall is located just off the A11 around 37 miles from Ipswich. The large Royal Airforce base RAF Mildenhall and RAF Lakenheath are both located north of the town. This lovely town sits on the edge of Thetford Forest Park and has a population of around 10,300.
Single fronted semi details premise briefly comprising:-
Excellent signage and canopy fronted.
Substantial sized retail area with extensive serve over counters and display units which are refrigerated.
Rear preparation room with side access door to rear car park.
The self contained flat benefits from a separate external entrance and briefly comprises ground floor kitchen. To the first floor are two bedrooms, lounge, toilet and bathroom.
Roller Blind and Side Blind.
8ft window with 6ft refrigerated display unit.
S/S Float Rails.
6ft x 2ft Refrigerated 2 tier Trolly.
8ft x 3ft Refrigerated Trolley.
6ft 6inch x 2ft x 6ft Refrigerated Serve Over Counter.
1 AveryDX342 and 1 Bracknell counter scale.
8ft Freezer Display Unit.
3ft x 1ft 6inch block and stand.
2 4ftx2ft block and stand.
18inch x18inch safe.
1 Casio CE 3700 cash register.
6ft x 2ft6inch Refrigerated Deli Serve Over Counter
2ft x 2ft block with 2ft x 2ft cutting board with stand.
3ft x 2ft block and stand.
4 4ft x 2ft S/S tables with shelves.
1 2ft x 2ft S/S table with shelf.
1 2ft x 1ft 6inch S/S table with shelf.
Hobart 42 mincer with stand.
Manca Electric Power Sausage Filler.
2 Avery M202 printer scales.
1 Simplicity wrapping machine.
1 Henkelman 330A free standing vac packer.
1 Managers Desk.
Twin S/S sinks with drainer.
S/S Hand wash Basin.
8ft x 8ft walk in freezer.
10ft x 8ft walk in chiller with rails and shelves.
Outside WC with hand wash basin and water heater.
Full set of fire extinguishers.