Supermarket and Halal Butchers in West Midlands For Sale

Virtually detached property, excellent main road trading position, residential and commercial area, WEST MIDLANDS.

Turnover £ 10,000
Price £200,000

Features

Well Established Supermarket with off Licence and Halal Butchers

PARKING TO THE FRONT

EXCEPTIONAL DOUBLE FRONTED PREMISES, in the region of 3,250 ft², WITH ELECTRIC SHUTTERS, CCTV (4 cameras) monitored system, tiled flooring, suspended ceiling with LED lighting.

Sales counter with EPOS cash register (2 positions.).

3 fridges (with doors), 5 open display chillers, 5 chest freezers, adjustable shelving, etc.

Butchery section - Chilled serve over counter, band saw, butchers block, electric scales, sink, meat slicer, mincer, etc

Walkin cold room.

Store room.

Staff cloak room with toilet and sink.

Office.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,000 p.w. with a Gross profit of 30% approx.

Staff

The business is at present operated by the vendor with 2 full time staff (including 1 butcher) employed.

Trading Hours

7 Day week
MONDAY - FRIDAY 8 a.m. - 8 p.m.
SATURDAY & SUNDAY 8 a.m. - 7 p.m.

Tenure

The vendor owns the Freehold and subject to satisfactory references is prepared to grant a new SECURE RENEWABLE LEASE for 16 years with reviews every 4 years at an initial rent of £34,000 p.a..

Business Rates from April 2025 £6,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2013, AND OFFERED FOR SALE SOLELY DUE TO OWNER'S OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £200,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 100,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote