Impressive Butchers and Cafe Shop in Stanmore For Sale

Situated in a parade, busy road, residential area, Nearest tube station 700 metres away and 300m from a school, vibrant, multicultural, STANMORE, MIDDLESEX

Turnover £ 6,500
Price £111,000

Features

Well Fitted Brazilian Butcher, Grocery and Café

4 STARS HYGIENE RATING
Tables and chairs providing seating for 15 People

DOUBLE FRONTED PREMISES in the region of 1,120 ft² WITH ELECTRIC SHUTTERS, tiled floor, LED lights, cool display counter with refrigerated storage section (2023), EPOS till, scales, mincer, drinks display fridge (glass fronted upright double-door), glass fronted upright triple door freezer, snacks display fridge (glass fronted upright double-door), CCTV system (6 cameras).

Toilet with w.c. and wash hand basin.

Kitchen with stainless steel extractor unit, Oven, deep fryer (2 pan), grill, charcoal grill, fridge/freezer, dishwasher (commercial), double sink and drainer, 2 microwaves.

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

Walkin coldroom (fitted December 2023)

Stock room.

Office.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,500 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the Husband & Wife team with 1 full time & 2 part time staff.

Trading Hours

7 Day week
MONDAY - THURSDAY 9.30 am - 8.30pm
FRIDAY & SATURDAY 9.30 am - 9 pm
SUNDAY 9.30 am - 5 pm

Outside

Parking space for 1 car.

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 £20,000 p.a.

Business Rates from April 2025 £6,300 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £111,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 55,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote