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Retail Property (out of town) for sale

St. Peters Road, PE14

85 sq. m. | £59,700

Property Description

Commercial information

  • Business for sale
  • 914 sq ft (85 sq m)

Key features

  • THIS IS A LEASEHOLD PROPERTY
  • REF 3050
  • BUTCHERS

Full description

Tenure: Leasehold

LOCATION
The business is located in the scenic village of Upwell, Cambridgeshire.

J D Spikings & Sons occupies a well presented premise at the heart of the community, facing the River Nene and close to the local amenities including The Parish Church, Health Centre and Supermarket. We are advised that there are plans in place for developing a further 200 new homes in the area.

Upwell is just south of Wisbech and is served by both the A47 and A1101 providing easy access to this most sought after location.
BUSINESS
Hilton Smythe welcomes to the market J D Spikings & Son Ltd. This family run concern was originally founded back in 1965 and is very well supported by the local community benefitting from a high amount of repeat trade.

The butchers is very well maintained both externally and internally with a high level of equipment to suit the trade. Revenue is derived from the sale of quality fresh meats, cooked meats, speciality sausages, seasonal produce, complementary preserves and sauces and a few grocery items. The business reports a healthy turnover of around 219,000 per annum with a gross profit of circa 24%.

We believe a new owner could further promote the business by a modest marketing campaign, in particular targeting the new housing development.

We highly recommend early viewing of this long established and reputable family butchers which genuinely comes to the market as our client looks towards a well-deserved retirement.

PREMISES
Well-presented and signed double fronted premise briefly comprising:-

Window display areas
Waiting/service area with:
1 x 12' serve-over chiller unit, 1 x 5' serve-over chiller unit, 2 x display wall units.

Behind counter:
1 x till. 3 x scales. 1 x commercial fridge, 2 x s/s prep tables, vac pack, meat slicer.
Rear link room:
Vac pack.
Store room with:
Commercial freezer, dishwasher, alloy shelving unit, s/s shelving unit.
Preparation room with:
Mincer, 1 x scales, tray wrapper, butchers block, 2 x cutting tables, s/s work surface, s/s prep table, double commercial sink unit, air conditioning unit, 2 x door Commercial fridge.

Back room with:
Ham boiler, 40lb sausage filler, commercial extractor, 2 x s/s prep tables, 1 x scales.
Walk in chiller with:
2 x alloy shelving stands & meat hooks

2 x rear access doors to yard area
Toilet facilities.

Rear parking for 2 x vehicles

TENURE
We are advised leasehold.
Terms and conditions to be advised.

HOURS
To be advised.

STAFF
To be advised.

FINANCIAL PROFILE
The business reports a healthy turnover of around 219,000 per annum with a gross profit of circa 24%.


Map & Street View

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