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Debman's Butchers, 101 Cliff Lane, Ipswich, Suffolk, United Kingdom, IP3 0PQ

£300,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Convenience store for sale

Key features

  • Turnover for the Y/E 30/06/2023: £319,252
  • Gross profit for the Y/E 30/06/2023: £115,980
  • Potential to increase existing trade
  • Situated in the heart of the local community
  • 3 bedroom property included
  • Finance available, subject to status, via Christie Finance. Energy Rating C
  • Christie & Co Ref: 1418269

Description

Description

A rare opportunity to acquire a family owned and operated butchers, which has been passed down from one generation the next and run by our clients for over 32-years.

It is ideally positioned on the outskirts of the town centre and benefits from being within the heart of a residential housing estate.

The business occupies the ground floor, with further storage and chiller areas to the rear, alongside access to the residential property. This opportunity comes with a three bedroom house, located directly next door.

Location

Situated within the heart of a residential housing estate on the outskirts of Ipswich town centre, Debman’s butchers is located on Cliff Lane itself.

The butchers sits within a shopping parade, which includes various other businesses and benefits from being on a main road with high visibility.

The location is primarily accessed by the A14 and A12 leading south, towards Essex and London and north, towards Bury St. Edmunds.

Internal Details

The butchers has a mainly open plan sales area of approximately 280 sq./ft (26sq/m) and is fitted and equipped for the sale of fresh meat goods, including chilled and frozen products.

The main sales till is located at the front of the store, with additional under counter displays. There is also a meat preparation area, chiller and walk in freezer located to the rear, with further access to the rear garden and residential property.

Fixtures & Fittings

We are advised by our clients that the fixtures and fittings are wholly owned and will be included within the sale.

External Details

Outside offers free, short stay customer parking and right of way access to the rear, with gated access.

Owner's Accommodation

The opportunity comes with a three bedroom property comprising an open plan kitchen/dining area downstairs, with a lounge and spacious bedrooms upstairs. There is also a rear garden with secure gated access.

The Opportunity

This profitable business has been privately owned and operated by our clients for over 32 years after inheriting the business from Mr Debman’s father. The store offers an opportunity for further growth by extending the opening hours and increasing the promotional stock. Our clients are selling for retirement purposes.

Sales are mainly derived from the sale of fresh meats, BBQ foods and additional local products on offer.

Staff

The Transfer of Undertakings Protection of Employment (TUPE) regulations shall apply to all employees, requiring purchasers to offer continuity of employment to all staff.

Trading Information

Management accounts for the period ending 30/06/2023 show sales of £319,252 and a Gross profit of £115,980.

Trading Hours

Business opening hours:

Monday - Closed
Tuesday - 7:30am - 3:30pm
Wednesday - 7:30am - 1:00pm
Thursday & Friday - 7:30am - 3:30pm
Saturday - 7:30am - 1:00pm
Sunday – Closed

Business Rates

The VOA web portal states that the Rateable Value (1st April 2023 to present) is £4,700.

Energy Performance Certificates

EPC 1

Brochures

Debman's Butchers, 101 Cliff Lane, Ipswich, Suffolk, United Kingdom, IP3 0PQ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Derby Road Station0.6 miles
  • Ipswich Station1.3 miles
  • Westerfield Station2.5 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 1418269-fh. 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 Christie & Co, Retail. 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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