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Retail premises for sale

£14,000

11 Whipton Village Road, Exeter EX4

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Property description

Business
Hilton Smythe is delighted to welcome to the market this well established and popular family butchers’ business, which is ideally located within the village of Whipton, Exeter.

The business was originally established in 1969 and has been in our client’s careful ownership since 1996. Only now is the business being offered to the market due to our client’s desire for a well-deserved retirement. Our client has been at the business for many years and worked for the previous owner, before purchasing the concern. The business currently operates 6 days per week and generates a turnover in the region of £49,700 per annum, with a gross profit of approximately 27%, according to the 2015 accounts.

Our client offers a wide variety of goods including raw meats, poultry, sausages, cooked meats and fresh eggs. The shop offers approximately 45 sq. Metres of floor space and is very well set out to suit the trade.

The business has built up an excellent reputation within the area for the very high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to highlight the goods offered. There is also scope to offer a delivery service supplying business in the local area, such as hotels, restaurants etc.

This is an excellent opportunity for a new owner to acquire a popular business in a prime location, therefore; early discussions with Hilton Smythe must come highly recommended to avoid disappointment.

Location
Roberts the Butcher occupies substantial ground floor premises, ideally located within the village of Whipton, Exeter. The business is situated on Whipton Village Road and is surrounded by a wealth of complimentary shops and businesses, as well as highly populated residential areas, from which the business derives much of its trade. The business benefits from a good volume of footfall and passing trade, as well as parking facilities to the front of the premises.

Exeter is a cathedral city in Devon. According to the mid-2014 estimate, the city had a residential population of 124,328. Exeter is a city with rich heritage, culture and a wide variety of arts venues and evening entertainment. There is a great mix of modern shops, bars and restaurants mixed with independent boutiques and cafes.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is Polsloe Bridge, which is approximately half a mile away. The business also has excellent road connections with both the A30 and M5 motorway being within easy driving distance. Exeter city centre is approximately 3 miles away and Exmouth is 10 miles away.
Premises
Substantial ground floor premises in an ideal trading location, briefly comprising:

Main shop with:

Tiled walls and floors.

Meat rails and hangers.

Stainless steel refrigerated window display unit.

Large butchers block.

Refrigerated serve over counter.

Meat slicer.

2 x weighing scales.

Chest freezer.

Larder refrigerator.

Cold room and storage area with:

Tiled walls and floors.

Vacuum packing machine.

Stainless steel preparation area with meat hangers.

2 x butchers’ blocks.

Mincing machine.

Sausage filling machine.

Walk-in refrigerator with hanging meat hooks.

External:

Good signage.

Rear yard.
Tenure
We are advised Leasehold:

Original lease length: 15 years

Remaining lease length: 14 months, as of January 2017
hours
The business is currently open:

Monday – Wednesday: 7.00am – 12.00pm

Thursday – Friday: 7.00am – 4.00pm

Saturday: 7.00am – 12.00pm

Sunday: Closed
staff
The business is owner run and managed.
Financial profile
The business generates a turnover in the region of £49,700 per annum, with a gross profit of approximately 27%, according to the 2015 accounts.

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Nearby transport

  • Polsloe Bridge (0.4 miles)
  • Pinhoe (1.0 mile)
  • St James Park (Exeter) (1.4 miles)
  • Exeter International Airport (3.4 miles)
  • Cardiff Airport (46.4 miles)
  • Bristol Airport (56.1 miles)
  • Topsham Ferry Landing (3.5 miles)
  • Topsham Lock Ferry Landing (3.6 miles)
  • Topsham (Turf Lock Ferry) Ferry Landing (3.7 miles)

Nearby schools

View all schools in Exeter
  • Whipton Barton Infants and Nursery School (0.1 miles)
  • Whipton Barton Junior School (0.1 miles)
  • Willowbrook School (0.3 miles)
  • Exeter Tutorial College (1.4 miles)
  • Exeter Mathematics School (1.7 miles)
  • Exeter Royal Academy for Deaf Education (1.8 miles)
  • Vranch House School (0.1 miles)
  • St James School (0.4 miles)
  • St Luke's Science and Sports College (0.6 miles)
Note: Distances are straight line measurements

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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