Shop for sale

Lemington ButchersTyne View,Lemington,Newcastle Upon Tyne,NE15

150 sq. m. | £160,000

Property Description

Commercial information

  • Business for sale
  • 1,614 sq ft (150 sq m)

Key features

  • REF: 2843
  • FREEHOLD
  • BUTCHERS

Full description

Tenure: Freehold

LOCATION
The business occupies a prominent corner position in Lemington, just on the outskirts of the City Newcastle upon Tyne.

Lemington Butchers is at the heart of the community, situated in a densely populated residential area from which the business derives much trade. The business is close to a large office block and supermarket and is situated on a main commuter road with regular bus services running past. Conveniently there is a bus stop within walking distance.

Lemington is easily accessible from the A1 and A69 with the nearest railway stations are at Blaydon and the City centre.

BUSINESS
Hilton Smythe welcomes to the market Lemington Butchers. The business was originally founded by our client some 30 years ago and is very well supported by the local residents seeing a lot of repeat trade.

The butchers is very well known in the area and has a fantastic reputation for the quality of locally sourced produce and friendly service. As well as supplying a fantastic range of meats including home-made sausages, additional revenue is generated from the retail of hot and cold sandwiches, beverages, special barbecue packages, pies and pastries. The business reports a healthy turnover of 365,000 per annum.

Our client advises that although he provides to some local businesses, the wholeside side of the business is currently not run at its full potential and could easily be increased with a modest marketing campaign.

The butchers is a really good size and has an excellent level of equipment with produce clearly displayed. The business is ready for a new owner to walk in and start trading immediately.

In addition, there is a 2 bedroom flat above the business, currently used for storage, but would be ideal as either owner's accommodation or equally could be let out to generate additional income.

Early viewing of this long established and profitable concern is highly recommended with the business genuinely coming the market as our client looks towards a well-deserved retirement.

PREMISES AND EQUIPMENT
Double fronted corner premise briefly comprising:-

Very well presented shop front with good signage and two entrances.

Display/retail area with serving point

Stairs lead to first floor

Through to kitchen/preparation area with storage and secondary preparation area

First floor
2 bed flat with living room, bathroom/toilet and kitchen, currently used for storage only

Equipment includes:-
2 mincers
Refrigerated display cabinet
2 freezers
Fridges
2 serve over meat cabinets
Hot food cabinet
Dairy display cabinet
Meat slicer
Hot plate
Griddle
General equipment
Fixtures and fittings

TENURE
We are advised freehold.

HOURS
The butchers opens:-

Monday to Friday 7.00am - 6.00pm
Saturday 7.00am - 5.00pm
Sunday closed.

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

FINANCIAL PROFILE
The business reports a healthy turnover of 365,000 per annum.

Nearest stations

  • Blaydon (0.7 mi)
  • MetroCentre (2.2 mi)
  • Bank Foot (2.8 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

  • Blaydon (0.7 mi)
  • MetroCentre (2.2 mi)
  • Bank Foot (2.8 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.

Disclaimer - Property reference 2843A. 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 Hilton Smythe, 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.

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