Butcher shop for sale in London Ref: RB544
Plaistow, London
FREE
- Posted
- 4 hours ago
Description
Right businesses delighted to welcome to the market this halal meat shop. This business was originally established 12 years ago but current owner running this business from 2012. This is a well-known business in the town and is the go to place for fresh meat. the butchers is a good size and fully equipped to suit the trade. revenue is derived from the sale of quality fresh produce, supplied from reputable sources. The business sees a lot of repeat trade in addition to passing trade and reports a healthy turnover of just over.
Our client has thoroughly enjoyed running the business and advises us this is a highly profitable business. we feel there is scope to increase the turnover by improving the online sales. A new owner could embark on a modest marketing campaign to promote the excellent goods offered.
Tenure: We understand from the present tenant that the landlord Local Council, subject to satisfactory references, is prepared to grant a new 10 years full repairing and insuring lease at a current rental of £ 28 000.00 p.a. with rent review every 5 years.
Turn Over: We are informed the turnover currently averages between £17,000.00 p. w to £20,000.00 p.w in our opinion offering tremendous potential for further increase in the right hands.
Please note: These particulars provide a general outline only. It is advised that prospective purchasers make their own enquiries. These details do not constitute any part of an offer or contract. All statements or details contained within these particulars are without any responsibility on any part, to right business. Right business charges a fee of £500 as admin fee from proposed buyer. A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the right business account.
Ad ID: 1502010594
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