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Shop for sale

Stockbridge Place, Stockbridge Road, Chichester, West Sussex, PO19

Leasehold £55,000
219 sq. m.

Property Description

Commercial information

  • Business for sale
  • 2,357 sq ft (219 sq m)

Key features

  • REF 12561

Full description

Tenure: Leasehold

The business is located in the affluent residential area of Stockbridge in the historic City of Chichester, West Sussex.

May's of Stockbridge is situated within a busy retail parade on the arterial A286, a busy commuter road leading into the city centre ensuring constant passing trade and is surrounded by many residential homes from which the business derives much trade. The business benefits from free parking directly to the front and bus stop a short walk away.

The area is easily accessible and sits just off the A27 bypass and Chichester mainline train station is only a short drive away.

Hilton Smythe welcomes to the market May's of Stockbridge. There has been a butchers on the site for over 40 years with our client taking over the helm in 2012. Our client is a Master butcher with over 50 years of experience in the trade.

A traditional purveyor of quality beef, pork, lamb, poultry, game, barbeque meats, kebabs and burgers and produce their own dry cured bacon and gammon. The business has an outstanding reputation for the excellent quality of produce, which our client personally chooses from local farms.

The business has been recognised for its premium sausages, a winner of the AHDD awards gaining 1 gold and 2 silver certificates. The business holds a 5 star hygiene rating and has also been a featured business in the local taste magazine.

May's of Stockbridge is very well supported by both local residents and businesses. The business reports a healthy turnover of around 218,000 with a gross profit at circa 30%. With around 80% of revenue from over counter sales and 20% commercial to local catering businesses including nursing home contracts

Our client has recently launched a new website giving further information about the business.

In addition, there is a self-contained flat currently rented out at 9000 per annum which attractively reduces the business rent to 5,162 per year.

We highly recommend early viewing of this thriving business, which genuinely comes to the market as our client looks towards a well-deserved retirement and is happy to offer a handover period if required.

Well-presented frontage with good vibrant signage.

Main retail area with large glass fronted service chiller, glass topped display freezer, open chiller, upright glass fronted fridge and display shelving .

Service area including 2 wood blocks, slicer , stainless steel preparation table , vacuum packer, electronics scales and till hanging menu.

Boards, cutting equipment and utensils, Air con unit.
Walk in chiller,
Hand wash sink.

Rear prep room with steel sink units and preparation tables , staff toilet and access to rear.

Equipment included below :-

Chiller 14,000,
Freezer 500,
2 Freezer 200,
Dairy cabinet 1000,
Dairy other 200,
Serve over counter 7,000,
Mincer 3000,
Sausage filler 3000

2 designated staff parking spaces to rear
New storage shed with freezer storage
2 designated customer parking spaces to front of shop
We are advised a new carpark surface to be laid and will continue to be free to all customers.

We are advised Leasehold
The original lease length is 10 years
Reviewed every 5 years
As of 2016 2 years remain on the lease
Rent is 14,162 per annum

The business opens:-

Tuesday to Friday 7.00am - 5.00pm
Saturday 7.00am - 3.00pm
Monday and Sunday closed.

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

The business reports a healthy turnover of around 218,000 with a gross profit at circa 30%.

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