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2 bedroom commercial property for sale

Bridge Street, PINNER, Middlesex

£295,000

Property Description

Full description

THRIVING FULLY EQUIPPED BUTCHERY BUSINESS, ESTABLISHED 1990 IN PINNER, MIDDLESEX. Early viewing of this long established and profitable concern is highly recommended with the business genuinely coming to the market as our client looks towards a well-deserved retirement.

Hilton & Family Butchers, was founded by a husband and wife team some 26 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. Specialising in free range, additive free Meats, Game and Farmhouse Cheeses, as well as supplying home-made sausages, burgers and a range of kitchen ready products.

Hilton & Family also have contracts in place with a number of local Retirement Homes, Restaurants and Golf Courses which significantly help to contribute to a approximately 15% of annual turnover.

In Year Ending August 2016, the business reported an extremely impressive turnover of £675,000 and has fully audited accounts available for inspection showing an excellent track record of turnover and profitability.

The butchers is of an excellent size and has a high 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 let on an Assured Shorthold Tenancy at a monthly rent of £950 pcm, which is not included in the business turnover amount or net profit figure.

LOCATION

The business occupies a prominent High Street position in the affluent area of Pinner, Middlesex.

Hilton & Family 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 in the centre of the town, with a variety of shops close by and is situated on a main commuter road. Pinner Train Station and multiple bus routes are within easy walking distance.

PREMISES

Internal Areas

Very well presented shop front with good signage, display/retail area with serving point and refrigerated displays throughout the shop.

Rear section of shop comprising of large preparation area with storage, two walk in chillers and walk in freezer.

External Areas

Yard with male and female wc's and two storage rooms

FLAT ABOVE SHOP

Separate own entrance to the flat with living room, kitchen, two double bedrooms and bathroom.

SHOP EQUIPMENT:

1 refrigerated fitted window display
Multiple modern refrigerated fitted counters throughout the shop
1 heavy duty mincer
2 walk in fridges
1 walk in freezer
1 multi deck display
1 freezer display
2 Meat slicers
2 vac packers
1 sausage filler
4 scales
2 heat sealers

TENURE

Leasehold.

STAFF
The owners are semi retired and business is run by the owners along with a Manager, 2 full time and 1 part time members of staff.

FINANCIAL PROFILE
The business reports a healthy turnover of £675,000 per annum
Net Profit figure on application.

Property ref: 121_1776_4288113


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