ESTABLISHED BUTCHERS EXCELLENT REPUTATION WITH COMMERCIAL & PUBLIC TRADE BRIGHTON, EAST SUSSEX

Superbly located butchers on a bustling main road, which benefits from a high footfall and is only a short walk away from Brighton’s historic Open Market, student accommodation for 351 students and where many popular multiples are situated.

The butchers have been established for 25 years and during this time have built an excellent reputation serving both the public and commercial clients. They have received excellent reviews on Facebook and Google Reviews. The business is now only coming to the market, due to the vendor’s wish to retire.

 THE PREMISES: The butcher premises have a large retail space with chiller display cabinets flanking both sides of the retail area, with the main serve over chiller display cabinet located to the rear of the shop area. The butchery preparation area is towards the rear of the premises, which is where the walk-in chiller is located. The walk-in freezer is located to the rear of the premises in the yard. Both the chiller and freezer are regularly maintained and have recently had new motor’s and fans fitted. The business is offered for sale with an extensive inventory of fine trade fixtures, fittings and equipment, a full inventory will be available to any prospective purchaser. To the rear of the premises are the staff toilets.

TURNOVER: One vendor works full time in the business as a butcher and the other vendor works part time in the business and is responsible for overseeing the business management. The vendor’s also employ 2 full time butchers and 1 full time delivery driver. Hours of Opening: Monday – Saturday 6am – 5pm.  At present the average weekly turnover is circa £16,500. The turnover is currently split 60% commercial and 40% public trade. There is currently enormous scope to grow the business further by growing the commercial trade with local restaurants and pubs in the area.

 TENURE:  The premises are held on a 12 years full repairing and insuring lease at a current rental of £18,000 per annum, exclusive with 4 yearly rent reviews. There are currently 4 years remaining on the lease.

 RATES: We have been verbally informed that the Rateable Value is £15,500 and the current Rates Payable amounts to £4,644 per annum.  Prospective occupiers should make their own enquiries to verify same.

 GENERAL REMARKS:  This very well-established business has built an excellent goodwill and reputation serving both commercial and domestic customers.   Secure lease. The location of this business is within a few minutes walk of the huge student population of Brighton University and many multi occupancy residential neighbourhoods.

 PRICE:  We are instructed to quote for the lease, goodwill, equipment, trade fixtures and fittings £115,000 SAV

 LEGAL FEES:  Each party to be responsible for their own legal costs.

 VIEWING:  On no account should any approach be made to the Manager or the staff without a prior appointment through the vendor’s agents, Watkins Commercial, Telephone: 01273 709090. 

 ENERGY PERFORMANCE CERTIFICATE:  Our client has been informed an EPC should be made available for this property. 

 DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement. The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order.  The buyer is advised to obtain verification from their solicitor or surveyor before proceeding with the purchase.

VAT:     All prices and rents are quoted exclusive of VAT.  Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

MORTGAGE  & FINANCIAL PLANNING:  We shall be pleased to assist any purchaser in arranging finance to acquire this business or any other business you may be considering subject to status. 

 Prop. Ref:         6257C

These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract

APPLICANTS CONFIDENTIALITY AGREEMENT

I understand and agree that any information regarding any business supplied to by Watkins Commercial will be kept strictly confidential.  I also undertake that I will:

i)                View businesses registered with Watkins Commercial by appointment only.

ii)               Not contact any owner, staff, suppliers, competitors or customers of any business

                  registered with Watkins Commercial

iii)              Not pass on any information supplied by Watkins Commercial to any third party other

             than a professional advisor et. Bank, solicitor, surveyor accountant, etc.

iv)             Submit any offers direct to Watkins Commercial with whom I will conduct all

             negotiations

v)              Be liable for any commission which would have been due to Watkins Commercial

                  should I be party to negotiations or actions which seek to preclude, or are contrary to

                  the interest of Watkins Commercial