Norfolk

Long Established Traditional Trade and Retail Butchery Business For Sale due to Retirement

Due to retirement and based in East Anglia this company of butchers and wholesale business supplies a wide range of fresh meat products and related goods from a retail counter and to holiday camps, hotels and restaurants with average turnover levels of over £2.8 million in each of the last three years.

A traditional family business catering and with a delivery-led model. The business trades 6 days a week (Monday and Tuesday 7am - 1pm and Wednesday to Saturday 7am to 2.45pm) and has a good reputation within the area.

The business has been built up over 40 years resulting in a strong customer retention and
consistent revenue with sustained turnover each year and showing an average Adjusted Net Profit of over £160,000 in each of the past 4 years with repeat trade and long-standing customer relationships.

Accounts information will be available further to viewing of the business.

The long leasehold premises is included which is centrally based and with retail and production areas and hot food takeaway areas, offices, cold stores and chill store and
loading bay with garage / stores to the rear and free parking for customers, loading and unloading to front and side.

The business sale will include an inventory of well maintained trade fixtures, fittings and equipment which includes a fork lift and 5 vans.

Turnover
We are informed that the sales year ending March 2026 showed a turnover of £53,514 per week with potential for further growth through expanding customer base, increasing delivery coverage, and strenghtening relationships with existing customers, including expanding into online services. The business presents a strong opportunity as a bolt-on acquisition for an existing operator within the sector or as a new venture.

Staff
The current workforce of 16 (4 part-time) will transfer as part of the business under the TUPE Regulations.

Norfolk
Norfolk located in East Anglia, bordering Lincolnshire, Cambridgeshire and Suffolk and has an estimated population of 940,359 (2024), the major city being Norwich with Great Yarmouth on the east coast, Thetford in the south and Kings’ Lynn in the northwest.

Norfolk is famous for The Broads National Park which is extends into Suffolk adding to the economy each year of approx. £3.4 billion. In 2025 it is reported that a record number of visitors came to Norfolk approximately 340,000. Norfolk is also famous for its seaside attractions with various amounts of day trippers and thrives on its hospitality businesses of restaurants, B&B’s and hotels. The city of Norwich is famous for its Cathedral with over 600,000 visitors each year and the Theatre Royal attracting over 500,000 visitors annually promoting thriving restaurants, cafes, bars and shopping centre.

Transport
Norfolk by road from London via the M11, A11 is approximately to 2 hours 30 minutes. Continuing via A47 to reach central and coastal parts. By train from London Liverpool Street to Norwich is 1 hour 30 minutes with direct services to Great Yarmouth, Peterborough and Cambridge. Norwich Airport is located 2.5 miles from Norwich city centre with daily domestic and international connections via Amsterdam.

Tenure
Included in the sale is the long leasehold property with a term of approx. 32 years unexpired at a fixed annual ground rent of only £275 per annum.

Terms
Offers are invited for the company shares sale to include trade fitxtures, fittings, equpment and business goodwill (subject to contract) plus stock at valuation on completion.
And Leasehold interest in trading property.

Accommodation
Retail area with hot food takeaway sales, preparation and production areas, office, cold store, chill store, loading bay, rear garage, yard and forecourt.

Plant & Equipment
Not all the systems or equipment in the property have been tested by the owner or their agent to ensure that they are in working order. Prospective tenants should rely on their own investigations.

Fixtures, Fitting & Equipment
An inventory of trade fixtures and equipment to be agreed at offer stage. The fixtures, fittings and equipment owned by the owner remaining in the property on the day of
completion are included in the sale. All items owned by third parties are not included in the sale.

VOA Rating Assessment
The current Rateable Values are £17,000 & £6,300.

VAT
We understand that the property is not elected for VAT.

Legal Costs
Both parties will be responsible for their own legal costs.