ESTABLSHED AWARD WINNING BUTCHERS EXCELLENT REPUTATION WITH COMMERCIAL & PUBLIC TRADE FELPHAM, BOGNOR REGIS, WEST SUSSEX

This award-winning butcher shop, established for 25 years, is superbly located on a bustling parade in the village of Felpham, just two miles from Bognor Regis town centre. Over the years, the business has built an outstanding reputation, serving both loyal local customers and commercial clients with a wide selection of premium products. The butchers offer a diverse range of meats, baked goods, pies, ready meals, deli produce, preserves, and fresh fruit and vegetables, making it a one-stop shop for quality produce. With a 4.8-star rating on Google Reviews, the business is highly regarded for both its products and service, ensuring a steady flow of repeat customers. This is a turnkey business with a solid foundation and significant growth potential. The current owner is only bringing the business to market due to retirement, presenting an exceptional opportunity for an entrepreneur or seasoned professional to take over a well-established, thriving business in a prime location. Whether you’re looking to continue the legacy or expand offerings, this highly profitable business provides multiple revenue streams and an established customer base, making it a fantastic investment.

This award-winning butcher shop, established for 25 years, is superbly located on a bustling parade in the village of Felpham, just two miles from Bognor Regis town centre. Over the years, the business has built an outstanding reputation, serving both loyal local customers and commercial clients with a wide selection of premium products. The butchers offer a diverse range of meats, baked goods, pies, ready meals, deli produce, preserves, and fresh fruit and vegetables, making it a one-stop shop for quality produce. With a 4.8-star rating on Google Reviews, the business is highly regarded for both its products and service, ensuring a steady flow of repeat customers. This is a turnkey business with a solid foundation and significant growth potential. The current owner is only bringing the business to market due to retirement, presenting an exceptional opportunity for an entrepreneur or seasoned professional to take over a well-established, thriving business in a prime location. Whether you’re looking to continue the legacy or expand offerings, this highly profitable business provides multiple revenue streams and an established customer base, making it a fantastic investment.

THE PREMISES: The premises has a large, refrigerated serve over counter with additional upright display chillers and freezers. Additionally, there are several shelves stocking dry goods, preserves and breads. At the front of the premises is a large selection of fresh fruit and vegetables. The butchery preparation area is towards the rear of the premises. The walk-in freezer and walk in chiller are located to the rear of the premises in the yard. Both the chiller and freezer are regularly maintained and have recently had new motor’s and fans fitted. The business is offered for sale with an extensive inventory of fine trade fixtures, fittings and equipment, a full inventory will be available to any prospective purchaser. To the rear of the premises are the staff toilets. The premises also benefits from air conditioning. There is also ample parking available for the flat and vendors at the side of the premises.

ACCOMMODATION: There is a large self-contained maisonette above the business, which includes two double bedrooms, kitchen, family bathroom and large living room. The flat is accessed from the rear of the property via a metal staircase.

TURNOVER: The vendor works full time in the business as a butcher with the assistance of 2-part butchers and a part time staff member on Saturday. Hours of Opening: Monday – Friday 7:30am – 5pm and 7am-5pm on Saturday. At present the average weekly turnover is circa £7,350. The turnover is currently split 25% commercial and 75% public trade. There is currently enormous scope to grow the business further by growing the commercial trade with local restaurants and pubs in the area.

TENURE: The premises are held on a 15-year full repairing and insuring lease at a current rental of £20,000 per annum, exclusive with 3 yearly rent reviews. There is currently 12 months remaining on the lease and the landlord would be happy to grant a new lease.

RATES: We have been verbally informed that the Rateable Value is £5,700 and the current Rates Payable amounts to £2,280 per annum. Prospective occupiers should make their own enquiries to verify same.

GENERAL REMARKS: This very well-established business has built an excellent goodwill and reputation serving both commercial and domestic customers. Secure lease. With living accommodation available. Located on a buoyant parade in the village of Felpham with parking readily available.

PRICE: We are instructed to quote for the lease, goodwill, equipment, trade fixtures and fittings £95,000 SAV

LEGAL FEES: Each party to be responsible for their own legal costs.

VIEWING: On no account should any approach be made to the Manager or the staff without a prior appointment through the vendor’s agents, Watkins Commercial, Telephone: 01273 709090.

ENERGY PERFORMANCE CERTIFICATE: The commercial unit has been rated a Band B, the full report is available upon request. The maisonette has been rated Band G and the full report is available upon request.

DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement. The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order. The buyer is advised to obtain verification from their solicitor or surveyor before proceeding with the purchase.
VAT: All prices and rents are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
MORTGAGE & FINANCIAL PLANNING: We shall be pleased to assist any purchaser in arranging finance to acquire this business or any other business you may be considering subject to status.

Prop. Ref: 6826C

These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract

APPLICANTS CONFIDENTIALITY AGREEMENT

I understand and agree that any information regarding any business supplied to by Watkins Commercial will be kept strictly confidential. I also undertake that I will:

i) View businesses registered with Watkins Commercial by appointment only.
ii) Not contact any owner, staff, suppliers, competitors or customers of any business
registered with Watkins Commercial
iii) Not pass on any information supplied by Watkins Commercial to any third party other
than a professional advisor et. Bank, solicitor, surveyor accountant, etc.
iv) Submit any offers direct to Watkins Commercial with whom I will conduct all
negotiations
v) Be liable for any commission which would have been due to Watkins Commercial
should I be party to negotiations or actions which seek to preclude, or are contrary to
the interest of Watkins Commercial