Asian Grocery Store and Butchers in Surrey For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, Surrey.

Turnover £ 7,000
Price £100,000

Features

Asian Grocery Store Plus Butcher Shop

NO DIRECT COMPERTITION

Ample customer's car parking as there are no parking restrictions in front of shop.

SINGLE FRONTED PREMISES in the region of 550 ft² with tiled floor, suspended ceiling with LED lights, sales counter, cash register, modern adjustable shelving, open cool display unit (1 metres), 3 meter 4 door display freezer, CCTV system (8 cameras, 1 monitor).

Butchers cool display counter with refrigerated storage section, cutter, mincer, butchers block, scales.

Stock room.

2 x Walkin coldrooms.

Staff Toilet with w.c. and wash hand basin.

Small Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 30% approx.

With the service of a professional butcher, the vendor feels there is a huge halal market potential in the area with absolutely no competition. They are only catering to limited sections of the Asian community. There is a huge scope for expanding to other communities.

Staff

The business is at present operated by the vendor with 1 full time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 9am - 8pm

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £15,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION (£35,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 50,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote