For Sale
Well Established Butchers In Wokingham For Sale
Wokingham, Berkshire
- Asking Price: £89,950 +SAV
-
Turnover:
We are advised as per the 2022 accounts, the business generated a turnover in the region of £405,000. Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07197
Hilton Smythe are delighted to welcome to the market a highly rated business in Wokingham, Berkshire.
The business was first established back in 1983, before our client took ownership in 2003. During that time, the business has built up an excellent reputation and a very loyal client base.
The butchers shop has now come to the open market due to our clients desire to retire.
The butcher shop is a traditional family butcher, and also stocks many deli items including a range of delicious cheeses and tasty condiments. They have a selection of tasty hand made cooked Pies available daily, sliced Hams, Faggots, Lorne Sausage and dry cured Bacon (smoked and unsmoked). Also available is a good range of frozen fish including prawns, scallops, sea bass and salmon.
Key selling points -
- Situated on a thriving parade of shops
- Affluent area to live (Wokingham is one of the most desired places to live in the country)
- Easy free parking
- Regular repeat clientele
- Zero business rates
- Extremely Well Established
- Fantastic Online Reviews
- Increase marketing
- Update website by offering an online ordering system
- Home deliveries
We are advised that the business has 2 members of staff.
The current business hours are -
Monday - Closed
Tuesday – 8:00am – 5:00pm
Wednesday – 8:00am – 5:00pm
Thursday – 8:00am – 5:00pm
Friday – 8:00am – 5:00pm
Saturday – 8:00am – 4:00pm
Sunday - Closed
The butchers is located on Rances Lane, in Wokingham, Berkshire.
The business has eye catching signage, receiving high levels of footfall and passing trade.
Ground floor -
- Two retail serve over units with a till
- Walk in fridge
- Walk in freezer
- Chest freezer
- Cooker
- Area at the back with stainless steel tables, vaccum packer, over wrap machine and sausage machine.
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 5 year lease. The rent is £11,642 per annum and £0 rates payable.
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Representative Example
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
Rates may differ as they are dependent on individual circumstances. Subject to status.
