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Fantastic Family Butchers in Suffolk for Sale

Mildenhall, Suffolk

  • Asking Price: £15,000 +SAV
  • Turnover: The business reports a fantastic turnover of £195,970 per annum with gross profit at £73,418.
  • Tenure: Leasehold

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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.

The business is owner run and managed with the assistance of a skilled workforce of 2 full time and 1 part time members of staff.

The business opens:- Monday to Saturday 7.00am – 5.00pm

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.

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.

Tenure
We are advised leasehold. The original lease length is 10 years with 6 years remaining, reviewed every 5 years. Rent is £10,000 per annum.

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