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Commercial Property for sale

St. Lawrence Lane, Ashburton, TQ13

Offers in Region of £77,000

Property Description

Commercial information

  • Business for sale

Key features

  • Specialist wholesale cooked meats delicatessen and outside catering, excellent town centre location
  • Weekly turnover approx. 4,500 (2015)
  • Excellent potential and scope to expand, suppliers of top quality and renown for it
  • Viewing highly recommended

Full description

Tenure: Leasehold

This is an excellent opportunity to purchase a very well established wholesale supplier of cooked meat products, which also offers an outside catering business with excellent potential for future growth. The business occupies a prominent town centre trading position in a very highly rated, popular area of Ashburton in Devon, located less than a minute away from the main A38 Devon link road.

JC Hams (South West) Limited is located on a small estate just a few minutes' walk from the town centre of Ashburton, close to a large number of quality residential dwellings, schools and other large and small businesses within the immediate locality. The business occupies a single storey building. The business has 2 main aspects to it, these being, the wholesale supply of cooked meats and an outside catering business. There is also excellent scope to offer a retail arm at the premises, offering potential for enhanced profits locally.

The current owners purchased the business in 1998, having been established 10 years prior by the previous owners, who have developed it to its current potential and now feel they are ready for retirement. The business is briefly described below.

JC Hams (South West) Limited offer a quality service upon a wholesale basis to clients within a 100 mile radius. Their client base extends to over 90 regular trade clients with many more upon a seasonal basis, Easter to October. Clients include deli shops, public houses, hotels and many more. In addition, the business offers some outside catering to specialist functions which could be expanded.

The products are based around quality and therefore there are no competitors in the area who offer this same quality. The business produces succulent hams, chickens and their own range of pork pies and beef joints.

JC Hams (South West ) Limited operates from a single storey factory and is totally self contained. There is the potential that the vendor may relocate the factory to larger premises, which does indeed offer a retail store in anticipation of the sale.

JC Hams (South West) Limited offer a small amount of outside catering for perfect wedding days and specialist events. They offer a selection of their quality products to specialist events and charity outlets. This represents only a small aspect of the business and has excellent potential for the new owners to expand upon this.

JC Hams (South West) Limited is a thriving and lucrative business, which is run by the owners and up to 2 members of staff, and offers two businesses in one with excellent potential to expand the business further. The business offers excellent scope for future growth and improvement, and would therefore ideally suit an ambitious and energetic couple or individual that have the opportunity to extend and add to the stock already on offer.

The business would also be of interest to competitors and suppliers alike, who want their own production facilities or to add new products to their existing portfolio.

This is a first class, high turnover business opportunity and a viewing is therefore highly recommended to avoid disappointment.

Current sales average 4,500 and growing.

Current records and accounts can be inspected when viewing.

Monday - Friday 6:30am - 13:30pm

The business is operated by the owners and up to 2 members of staff.

A single storey commercial premises occupying a prominent corner location, close to the centre of town. The property is built from granite with a slate roof. The premises offers a production area, an office, a storage area and a toilet area.

A wooden entrance door leads to the main production area, featuring a resin floor substrate and a full commercial factory production area measuring approx. 30 m sq.

Equipment located here includes a walk in fridge, 2x 3kw and 2x 6ks Flavasava bains, 2x commercial meat slicers, 2 vacuum packaging machines, a bin area, 2 freezers and ample stainless steel work areas.

There is no accommodation with this sale.

We are advised that the property is available as leasehold. The current lease is in the process of being renewed for 6 years. The vendors have been in communication with the landlords who have advised verbally that they are prepared to grant a new 6 year lease to approved candidates at an initial rent of 7,800PA. Other terms to be negotiated.

A fantastic opportunity to purchase a highly profitable business with 2 aspects, and terrific potential for future growth and improvement. This is in a walk in and earn from day one condition and must be viewed to see the quality of the businesses on offer. The vendors are also happy to help with an agreed handover period. To avoid disappointment, a viewing is highly recommended.

The business is registered as a limited company and so it is anticipated that this sale will be by way of a share sale of 100% of the issued capital of the company. This will include all assets of the company and the 3 vehicles. The cash within the company will be removed by the vendors upon sale.

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