£0 £1000000
£0 £1000000

Prominent Butchers & Greengrocers

Taunton, Somerset

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Sold

£325,000 +SAV

Ref: 13903 I

Freehold

Overview

Hilton Smythe welcomes to the market Queensway Butchers & Greengrocers, largely unopposed, and For Sale due to our clients wish for a well earnt retirement after several generations in the same family. A true half and half business, with traditional butchers on the one side and a traditional greengrocers on the other. Trading in this prime location for decades, and within the same family for generations this truly local and independent business can date some of its repeat custom back more than 30 years. Priding its butchery, deli, and greengrocery on offering locally sourced and traceable produce, Queensway is a classic local retailer, also supplying other local businesses such as pubs and restaurants. A one stop shopping experience for fruit, veg, meats raw and cooked, fish, dairy, and associated products. Offering free local delivery, and having built up a long established local, repeat, and regular clientele, this is a busy going concern with excellent historic financials and accounting information. Home cooked beef, ham, turkey and home-made sausages are perhaps one of the reasons for the businesses popularity and great feedback online, where it also benefits its own informative and modern website www.queenswaybutchers.co.uk and social media pages. Although an already successful and profitable business, there is always room for organic growth, to alter and play with any opening times, or further the outside catering supply. A small offering of plants and hanging baskets exists, something which could also be built upon.

Turnover
Accounting information for the year ended 2017, shows a turnover of £392,611 with a gross profit of 64% and a net profit of £57,496 before reconstitution.

The business is run by a hands-on partnership of two brothers, with the help of several expert and master butchers, plus some further full time, part time, and occasional staff.

The business opening hours: Monday: 06:00 to 17:30 Tuesday: 06:00 to 17:30 Wednesday: 06:00 to 17:30 Thursday: 06:00 to 17:30 Friday: 06:00 to 17:30 Saturday: 06:00 to 15:00Sunday: Closed

Queensway Butchers & Greengrocers is located in a popular and densely populated residential part of Taunton, in the county town of Somerset. With excellent kerb appeal and clear signage, the business is situated in a small shopping centre adjacent several other complimentary businesses including a convenience store, doctor’s surgery, bakery, and pharmacy. There is plenty of free shoppers parking to the main car park, with further on street parking available to the surrounds. Located in a prominent position within the pedestrian part of this busy local shopping precinct, the centre of Taunton itself is within 1.5 miles. A densely populated and popular residential part of town, Taunton has grown rapidly over the past 10 years. As the county town of Somerset, there is a population of over 100,000 people with superb access to the M5 motorway network linking Bristol and Exeter circa 30 miles in either direction. With easy access to the coast, there is also excellent public transport and a mainline railway station to London Paddington.

Two traditional side by side retail units, trading as one space, circa 133 sqm, in a very prominent position with nice kerb appeal in a pretty looking pedestrian area. Large double fronted window elevations, with two entry exit doors, traditional presentation with defined retailing spaces for both butchery and greengrocery to either side. Fully equipped facilities briefly comprising, modern fixtures and fittings with refrigerated displays, walk-in cold stores, stainless steel butchery and preparation room with block. Plenty of greengrocery rack mount shelving and displays, staffing areas, office, dry stores and ancillary areas, plus WC.

Tenure
We are advised the business is being sold as a Freehold business opportunity.

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