For Sale

Long Established Traditional Butchers

Huntingdon, Cambridgeshire

£55,000 +SAV

Ref: 13657 J

Contact sales negotiator

James Cunliffe

01204 556 300

Email James Cunliffe

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Description

Hilton Smythe welcomes to the market this long established and highly respected butchers.

Established around the 1950’s this family run traditional butchers has been successfully run by our client, a highly skilled Butcher since inception in 1997. This well-presented store is fully equipped to suit the trade, spotlessly clean, and offers quality locally sourced produce.

The business is very well known in the area seeing loyal repeat custom and further trade from tourists. The business benefits from a monopoly trading position being the only butchers in the town. According to the latest set of accounts the business reports a very healthy turnover of £260,000. This exciting opportunity is being offered on a leasehold basis for the business only.

In addition, our client is offering a freehold opportunity. This choice not only includes the butcher business, but also includes a superb modern detached 3-bedroom house, two first floor flats above the business and an office currently leased to a taxi company.

The two self-contained one bedroom flats are accessed via stairs from the back yard and have their own separate entrances. Both are presented in good order and are currently occupied yielding a rental income of £350 per month each. We believe the accommodation has the potential to generate a rental income of £450 per month. The owner’s accommodation could also be let to generate further revenue if so required.

We believe there is a real opportunity to increase turnover significantly, the current vendor by his own admission has been running the butchers at a pace to suit and now feels it is time to pass the business onto an ambitious new owner who could take the business to the next level and is happy to offer a hand over period to assist with the smooth transition of ownership.

The purchaser should also consider extending the opening hours and maximising the use of social media to attain new custom. Additional product lines could also be introduced, perhaps fruit and veg which would complement the current business.

Early viewing of this outstanding opportunity is highly recommended, ideal perhaps for a couple or family looking to a life style change in the most desirable location

Tenure

Leasehold

We are advised Leasehold, with terms and conditions to be agreed.

A freehold option including accommodation is also available. Please contact Hilton Smythe for further information.

Hours

The business currently opens: -

Tuesday to Friday 8.00am – 5.30pm
Saturday 7.00am – 3.00pm
Sunday and Monday closed.

Staff

The business is owner run, plus one full time member of staff and our client’s wife who works part time.

Financial Profile

According to the latest set of accounts the business reports a very healthy turnover of £260,000.

Location

The business is located in the town of Ramsey, Near Huntingdon in Cambridgeshire.

M Collins Butchers occupies a prominent corner position within the heart of the town surrounded by a wealth of residential homes, independent retail outlets, eateries and town centre amenities ensuring a constant and high footfall throughout the day.

Ramsey is a quintessential English market town full of heritage and historic buildings nestling in the stunning open countryside of seemingly never ending skies. You can visit over a dozen heritage attractions, enjoy the great outdoors or visit tea shops and pubs or browse in the many independent shops in this vibrant town. The centre of Ramsey has remained unchanged since the 1900’s and was designated a conservation area in 1975 and 60 properties are included on the list of buildings of special architectural or historic interest.

Ramsey is popular with tourists and holiday makers and is well served by local buses, having regular and direct routes to St.Ives, Huntingdon and Peterborough as well as from nearby villages. There is free on street parking immediately outside the premises.

Premises

BUTCHERS
Prominent corner position in a period style building briefly comprising: -

Immaculately presented and maintained, traditional style Butchers shop, being in a corner position the shop has dual aspect windows giving the interior a light, airy and inviting feel, tiled walls with vinyl flooring, fluorescent lighting ,L-shaped, glass fronted and refrigerated serve over counter, a further straight, glass fronted and refrigerated serve over counter and glass fronted refrigerated display cabinet, Avery weighing machine, bacon slicer, stainless steel sink preparation benches, tray wrapping machine, Butchers block, stainless steel hand wash basin, till, card machine and wrapping area.

Rear Cutting Room
Two vacuum packing machines, sausage machine, mixer/mincer, Butchers block, stainless steel sink and drainer with storage beneath, separate hand wash basin and 4 camera CCTV monitor. Door to very large walk in chiller.

Store room
A useful walk in store room housing a key operated safe that is included in sale

Store Room/Office
A generous size store room with fluorescent lighting, vinyl flooring, perimeter shelving, glass topped chest freezer, desk and filing cabinet.

Kitchenette
With stainless steel sink and drainer with useful cupboard beneath and a Heatrae Sadia water heater above, run of worktop and space for fridge and tv and microwave. There is a useful under stairs cupboard opposite.

WC
With hand-wash basin and window to side

OFFICE
There is a separate office that is sub-let to a local taxi business for £350 per calendar month

To the rear of the shop is a generous yard, l aid to gravel with room for at least six cars, there is also a steel storage shed and a rear access to the very large chiller that can also be accessed from the cutting room.

DETACHED HOUSE (NOT INCLUDED IN LEASEHOLD OPTION) (AVAILABLE BY SEPARATE NEGOTIATION).
Included in the sale price is a modern detached house that was built approximately 11 years ago in what was originally the back yard of the butcher’s shop and briefly comprises: -
Ground Floor
Hallway
With tiled floor and useful walk in cupboard with double doors providing coat storage and also space for tumble dryer

WC
With hand wash basin and window to side.

Lounge
Triple aspect creating a light airy interior, feature ceiling fan, cornicing, dining area with vinyl flooring. door to side leading to a paved and secure yard/garden with timber shed.

Kitchen
Beautifully presented and maintained, beech effect base and wall units and generous run of worktop. 1 ½ bowl stainless steel sink and drainer with Monobloc tap, Buderus wall mounted boiler, window to rear, door to side, Bosch stainless steel fan oven, ceramic hob, built in fridge/freezer and space for washing machine.

First floor
Bedroom 1
Window to side, feature ceiling cornice, ceiling fan, en suite shower room with white sanitary ware and shower cubicle.

Bedroom 2
Good sized double, cornicing, feature ceiling fan, window to front.

Bedroom 3
Single, cornicing to ceiling, feature ceiling fan, window to front.

Family Bathroom
White suite, window to rear vinyl flooring, generous airing cupboard.

FLATS
On the first floor above the butcher shop are two self- contained one bedroom flats accessed via stairs from the back yard and with their own separate entrances. These are both presented in good order and are rented out for £350 per month each.

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