Retail Property (high street) for sale

West Street, Fareham, Hampshire, PO16

£99,950

Property Description

Commercial information

  • Business for sale

Key features

  • REF 14245i

Full description

LOCATION
Twells Tradition is located in the historic town centre of Portchester, nr Fareham in Hampshire.

The renowned business is located in the town's main high street, sitting alongside other independent shops and major high street brands such as Iceland, Co-op, TBS discount store, Superdrug, Rowlands pharmacy and major banks including Lloyds. The business also faces Fareham country market, Portchester library and several busy coffee shops.

There is a large free shoppers carpark directly behind the business which is a great boost for local businesses.

Portchester is a suburb 5 miles northwest of Portsmouth and located just off the busy M27 south east to west motorway.

The mainline station is less than 2 mins walk away and journey to the centre of Portsmouth and harbour is only 29 mins.

BUSINESS
Hilton Smythe are delighted to present to the market Twells Tradition Family Butchers, established by our client in 2000 and now offered for sale due to our clients wish to retire.

The renowned family butchers is well known for the award winning burgers and sausages. The sausages are made on site and the menu offers over 45 different choices including its famous fat free sausage. The burgers have received national awards and include 100% beef, chicken or turkey, Mo's mighty meaty burger and kangaroo burgers are also great sellers. Our client also stocks a wide range of minced meat including extra lean mince and a range of other quality fresh produce.

85% is walk in retail sales and 15% to commercial catering accounts including residential homes, schools and cafes.

The butcher sources local farm meats including beef, pork, lamb and chicken and is particularly busy with BBQ packs in the summer. Other products include reduced fat curry sauces, meat rubs, jams and chutneys, free range eggs, locally made pies, pasties and sausage rolls. Our client is also very well respected for the choice of healthy option produce available.

There is a separate information stand with lots of ideas of how to cook your favourite meats and receipts. The business also has an informative website www.twellstradition.co.uk and video available to view on google.

Our client is happy to offer an agreed handover period to assist with the smooth transition of ownership.

PREMISES AND EQUIPMENT
Mid parade premise briefly comprising:-

Vibrant signage and chilled window display, highly visible to passing trade.

Retail area - 3 m flat open window chiller, 2 x glass fronted display chillers, glass fronted sauce fridge, menu card rack , till , card machine , electronic scales , wooden / marble display dresser , 2 x stainless steel tables , sausage maker, mincer, stainless steel prep sink and hand wash sink.

3 x 4 m walk in freezer.

Rear prep area - fully tiled room with large butchers' block, electronic scales, store cupboard, vacuum packer, staff toilets, 6m x 3m walk in chiller, double stainless steel prep sinks, large ham boiler, 3 x stainless steel prep tables, store cupboards and shelving and fan oven.

Staff area.

External - rear bin store area and access to car park.

TENURE
We are advised leasehold.
A renewable lease is available.
Rent is 9,600 per annum.

HOURS
The business opens:-

Tuesday to Friday 7.00am - 3.30pm
Saturday 7.00am - 2.00pm
Sunday and Monday closed.

STAFF
The business is owner run and managed with the assistance of 2 part time members of staff.

FINANCIAL PROFILE
As per the 2016 accounts turnover is reported at 135,256 sales with gross profit at circa 50% and adjusted net of 45,000.

We are advised in last 3 months July to Sept achieved sales of 33,814.


Nearest stations

  • Portchester (0.2 mi)
  • Cosham (2.5 mi)
  • Fareham (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Portchester (0.2 mi)
  • Cosham (2.5 mi)
  • Fareham (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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