Distribution Warehouse for sale

Holton, BA9

£115,000

Property Description

Commercial information

  • Business for sale

Full description

WELL PRESENTED & POPULAR CATERERS
High amount of repeat & regular custom
Early viewing is highly recommended
Advised annual turnover of 137,000
Situated in a rural location in Holton
All fixtures and fittings included
Scope for further development
Superb business opportunity
Genuine reason for sale
LEASEHOLD

Location

This superb catering company is situated in the small hamlet of Holton which is conveniently situated between the towns of Wincanton and Sherborne. Approximately 1 mile from Wincanton which offers a good range of facilities including supermarkets, banks, schools, churches, health centre, library, public houses, bus services and race course, along with many local and national businesses. It also provides easy access to the A303 with links to London and the West Country. Main line stations at Castle Cary (Paddington) and Templecombe and Gillingham (Waterloo).


Business History

Meridian Business Sales are delighted to offer to the market this well known company which was established by our client 28 years ago. Today it includes outside catering and hire along with the production of sweet and savoury produce delivered weekly throughout the southwest. Our client is offering the business to the market due to a desire to retirement. Although the business has been running for 28 years and is well established, it continues to offer a new owner great business potential and even greater earnings. Our client inform us that annual turnover currently runs at 137,000 with a gross profit margin pf 40% which is derived from offering good quality food and service to a wide range of customers. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat business. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.


Financial Profile
Turnover: 137,000pa
Gross profit: 40%
Stock approximately: 10,000

Tenure
Leasehold
Lease to be negotiated

Opening Hours
Open on function/customer demand

Accommodation

Large unit, briefly comprising of:

Secure entrance leading to:

Reception area

Walk-in freezer

Walk-in fridge

Store room

Open plan store room with storage racking/shelving

2 chest freezers

Double sink, wash and work top, glass washer.

Small storage area

Toilet with wash basin

Kitchen

Large open plan workspace with stainless steel worktops and islands.

6 ring cooker and ten shelved self cook rational cooker

Pass through dish washer

Double wash basin, hand wash & vegetable preparation sink.

Shelving, mixers, scales, sealer

Walk-in blast chiller/freezer.

Equipment Hire

800 place settings for external functions (including crockery and glass wear)

6 ring gas stove and cooker

2 hot cupboards

Water boilers

EXTERNAL

Parking for 6 vehicles


Nearest stations

  • Templecombe (3.1 mi)
  • Bruton (4.6 mi)
  • Castle Cary (5.5 mi)
Distances are straight line measurements

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

0845 222 0508 Local call rate

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Disclaimer

Property reference 2887. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Meridian Business Sales Ltd, Bolton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.