For Sale

Thriving Butchers and Deli Business

Godalming, Surrey

£129,950 +SAV

Ref: B04639

Contact sales negotiator

Matthew Monks

01204556319

Email Matthew Monks

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Description

Hilton Smythe are delighted to offer to the market C H Wakeling, a thriving family Butchers and Deli business first established in this area in 1952 and purchased by our client in 2011 who is now selling due to retirement.

The business is currently split 70% traditional butcher sales with 30% coming from the growing deli, outside catering and country cooks side.

The business is extremely fortunate to have a much sought after first floor flat which rental income covers majority of the £15,000 yearly business rent making this an extremely low-cost opportunity.

The renowned butchers is proud to serve superbly prepared meat not available in supermarkets with traditional cuts no longer available on the shelves of the larger stores. The choice of quality meats come from 100% traceable animals that have been properly treated and fed.

Our clients make their own sausages, burgers, pies as well as preparing BBQ meats for parties, weddings and events. There are currently 10-12 Catering accounts delivering to pubs, restaurants and a farm shop.

The growing deli side includes:

• Its own ‘Country Cooks’ brand of delicious home cooked ready meals
• Local cheeses
• Quiches
• Artisan pies
• Scotch eggs
• Sausage rolls
• Cooked meats
• Cooking sauces
• Eggs
• Jams
• Chutneys
• Large menu of outside catering options from small buffet to larger wedding events

Any new buyer may look to expand the business by growing the deli side or offering a sit-down space to enjoy the range of deli products or developing the website to enable online ordering which in this area is becoming extremely popular and could easily add a further 40% to turnover.

There is an excellent website included in the sale which could be further developed to increase the online ordering side of the business.

Due to the affluent location, rented flat and business options, early viewing is highly recommended.

Th flat income come also be increased from the £985 pcm to around £1,150 if required.

Tenure

Leasehold

We are advised the business is been sold as a Leasehold opportunity with a current 12-year renewable lease with 5 years now remaining, paying just £15,500 a year which is covered by the renal yield of the flat.

The business benefits from full small business relief with zero rates been paid in the current year.

Hours

Tuesday to Friday 8.00 am to 5.00 pm
Saturday – 8.00 am to 2.00 pm
Sunday and Monday - Closed

Staff

The business is owned and managed by our client with the help of 5 x part time staff which includes his wife.

Financial Profile

We are advised the turnover as of the 2017 accounts reached £337,361 with a gross profit of £128,631 and a adjusted net profit of £31,484.

Location

C H Wakeling Butchers occupies a highly enviable trading positioning along a small row of local shops within the large residential community of Farncombe village, Godalming in Surrey.

The business is only steps away from the Farncombe main line station which connects commuters to central London in approx. 40 mins.

Farncombe is approx. 1 mile from the centre of Godalming and just 4 miles south of nearby Guildford. The area is accessed just off the A3 link road which connects Portsmouth in the south to Guildford and London to the North.

The affluent area is close to the renowned Charterhouse school.

There is limited free customer parking directly in front of the business.

Premises

Period semidetached property with a double width ground floor retail unit and rear Prep area, the separate first floor 2 bed flat has been fully refurbished and recently decorated to a very high standard.

Ground floor

• New ‘S’ shaped bespoke glass fronted display chiller
• Glass fronted double width chiller
• Solid wood dry food display shelving
• Upright single glass fronted fridge.

Service area

• Raised glass fronted chilled meat cabinet
• 2 x butchers blocks
• 3 x marble topped prep tables
• 2 x electric scales
• Meat slicer
• Heated display cabinet
• 2 x stainless steel prep table
• Till and card machine
• CCTV
• Air con unit
• Large walk in chiller

Side kitchen - located to right of main butchers’ area and used a separate Deli/ prep kitchen but could be further utilised within the main shop to extend the deli side of the business or add some customer tables/ chairs. Includes currently:

• Prep sink
• Hand wash sink
• Wall and base storage cupboards with worktops
• Pastry mixer
• Shelving
• Kitchen aid
• Microwave
• Fryer
• Cooked meats vacuum packer
• Front window
• Upright fridge/freezer
• Turbofan oven
• 6 x gas burner oven
• Extraction unit
• Stainless steel table

Small office/ Admin area

Rear Prep area includes;

• Double stainless-steel prep sinks
• Hand wash sink
• 5 x large stainless-steel prep tables
• Lincat fryer
• 3 x butchers blocks
• 2nd very large walk in chiller
• Ham boiler
• Vacuum packer
• Large mincer
• Sausage filler
• Shrink wrapper
• Large table topped meat cutter
• Butchery equipment and storage racking
• Large walk in freezer

Staff room with changing facilities, toilets.

Rear yard - secure area with storage shed, rear parking area and 3rd walk in chiller unit.

First floor - accessed by own staircase to the left side of the building and includes:

• Large hallway/ office area
• Large living room
• Modern kitchen with wall and base units
• Oven
• Fridge and sink
• 2 x double bedrooms
• Newly installed family bathroom

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