Sold
Well-Established Traditional Butchers
Bedford, Bedfordshire
- Asking Price: £59,999 +SAV
- Turnover: The business reported a turnover of just under £350,000 as of the 2016, with a gross profit of £131,000 approximately and a healthy net profit of circa £40,000.
- Tenure: Leasehold
There has been a butchers shop on this site for approximately 50 years and the current owner has run it successfully since 1988, only selling to enjoy a well-deserved retirement. The shop is a traditional butchers which sells a range of fresh meat and poultry including beef, pork, steak, mince, chicken, eggs and barbecue meats. This is a well-established business with an enviable reputation and many regular customers. Minimal running costs with low council rent and no business rates. The leasehold is owned by the local authorities. The council have agreed to do some upgrading to the interior meaning that the business will be presented to the highest possible standards making this a Turnkey business. Scope for improvement Website.Advertising and marketing campaign. Maximise the use of social media. Extend the opening hours, there is demand for Sunday opening.Offer a delivery service, some deliveries are undertaken but potential to expand significantly. Approach local pubs, restaurants and residential homes with a view to becoming their preferred supplier.
The business is owner managed with the help of one full time member of staff and casuals when required.
Monday 8am – 1pmTuesday 8am - 5pmWednesday 8am – 1pmThursday 8am - 5pmFriday 8am - 5pmSaturday 7am - 12.30pm
Bedford is the county town of Bedfordshire and has a population of around 80,000. Transport in Bedford provides links between the town and other parts of England. Road access to the town is provided by the A6 road. The town is served by two railway stations and a network of bus services. The business is perfectly situated in a terraced position in a small but very busy shopping parade in the midst of a densely populated residential housing estate which is mostly owner occupied. The business sits alongside other complimentary retail business such as a convenience store, hairdresser, bakery and Post office and enjoys high levels of footfall and passing trade along with many regular customers. There is free parking to the front of the shopping parade.
The business is presented and maintained to the highest possible standard. ShopWindow and glazed door to front creating a light airy interior, tiled walls and floor, fluorescent lighting, long refrigerated glass fronted serve over counter, wall mounted bug zapper, chest freezer, further glass top chest freezer and a stainless-steel preparation table. Cutting RoomTiled walls and floor, walk in ‘blast Freezer’, butchers block, 2 x weighing machines, fridge, hand wash basin and a vacuum packing machine. Rear Washup roomTiled walls and floor, stainless steel preparation tables, mincing machine, butchers block, further vacuum packing machine, bacon slicer, twin stainless-steel sinks with drainer and storage beneath, perimeter shelving and a silver coloured microwave. Rear StoreTo the rear of the main shop is a further brick built store housing a walk-in chiller capable of taking two pallets and commercial Bonnet stainless steel double door fridge. There is a secure rear yard/bin store and two allocated parking spaces. All refrigerated items in the shop are regularly serviced and maintained under contract with Owens and have all been recently re-gassed.
Tenure
We are advised this is a Leasehold business. The leaseholder is the local council with a rent payable of £6,900 per annum. There are two years remaining on the current lease as of 2017. There would be no problems with a new owner arranging a new lease. There are currently no business rates payable.
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