For Sale
Highly Rated Butchers Business For Sale
Bognor Regis, West Sussex
- Asking Price: £149,950 +SAV
-
Turnover:
We are advised as per the 2022 accounts, the business generated a turnover in the region of £360,000. Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07198
CoGoGo are delighted to welcome to the market Gaterells Of Felpham, a highly rated Butchers Shop business in Bognor Regis, West Sussex.
The business has been under our clients ownership since 2000, building up an excellent reputation and loyal client base during its many years of trading.
The butcher shop has now come to the open market due to our clients desire to semi retire.
Gaterell Butchers are a bespoke butchers selling only the very best quality meat, poultry, game and many other products. They offer a UK wide delivery service to allow customers far and wide the chance to enjoy their exceptional produce.
Gaterell Butchers produce includes some of the best lamb, beef and pork joints on the market. They offer two packages for customers and nationwide delivery for their convenience. Their selection also includes dry cured bacon, gammon joints and exceptional seasonal meats to ensure customers get the best all year round. They also specialise in award winning pies and ready meals.
Gaterell Butchers stocks and supplies fresh vegetables and fruits at exceptional prices. They have a wonderful array of fresh vegetables, fruits and seasonal supplies throughout the year. Their products are sourced from local farmers in the area.
Key selling point -
- Well established village business with an excellent reputation
- Affluent area with new housing gone up and going up in village catchment
- Scope to increase catering and home deliveries
- Almost all equipment is well maintained and not very old
We are advised that the business has 4 members of staff.
The current trading hours are -
Monday – 7:00am to 5:00pm
Tuesday – 7:00am to 5:00pm
Wednesday – 7:00am to 5:00pm
Thursday – 7:00am to 5:00pm
Friday – 7:00am to 5:00pm
Saturday – 7:00am to 5:00pm
Sunday - Closed
Gaterells Of Felpham is located on Felpham Rd, in Bognor Regis, West Sussex.
The business has eye catching signage, receiving high levels of footfall and passing trade.
Ground floor -
- Shop area
- Walk in chillers and freezers
- Outside toilet
- Fully fitted kitchen with a large rational oven
- 2 Bedroomed flat (Opportunity for new owner to use as living accommodation or let it out)
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 15 year lease. The rent is £1,666.66 per month (rent is fixed for the next 3 years).
Landlord is willing to sell the freehold shop.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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