£145,000

Retail premises for sale

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Business
Retirement
Leasehold

£145,000

Retail premises for sale

Norwich, Norfolk NR6

Local area information

Property location

Nearby amenities

  • Arden Grove Infant and Nursery School 0.1 miles
  • Kinsale Infant School 0.6 miles
  • Norwich 3.6 miles
  • Salhouse 5.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
Toombs Butchers, situated on the north side of Norwich City, is a highly successful and long-established family-run butcher shop. Established in 1982 by the current owner's father, it has been serving the local community for over 40 years. Renowned for its commitment to quality, locally sourced produce, and exceptional customer service, it has become a cornerstone of the community, offering friendly butchery services and catering to local businesses alike. Now available for sale for the first time due to the vendor's pending retirement, this business is ideal for someone looking to enter the industry with their own shop or for integration into an existing enterprise.

The business

With an impressive annual turnover of approximately £885,000, the business enjoys a diversified income stream: 60% from retail shop sales and 40% from catering services. Serving numerous well-known local businesses, its high-quality meats and catering services have earned it an excellent reputation.

The shop offers a wide selection of meats-including beef, pork, lamb, and poultry-all sourced from trusted local suppliers. Famous for its homemade sausages and burgers crafted using traditional methods, it also offers specialty items like gluten-free sausages and provides bespoke orders to meet customer needs.

Staffed by a dedicated team of four full-time and two part-time employees, one of which includes a delivery driver, the business runs smoothly with experienced personnel committed to maintaining high standards. Two refrigerated Transit delivery vans ensure efficient delivery services for both retail and catering customers.

With a strong online presence and positive customer reviews, Toombs Butchers leverages its website and social media platforms to engage with customers and promote special offers. Significant potential exists to further expand the business by extending opening hours, enhancing marketing efforts, or growing the catering services further.

Premises

Operating from leasehold premises with a low annual rent of £4,000 and benefiting from small business rates relief. It is expected that the landlord would look to increase the rent in line with current market rates on renewal of the lease.

Situated in a densely populated residential area, the shop enjoys excellent visibility and footfall. The glazed frontage features a refrigerated display unit showcasing quality products, attracting both loyal customers and passing trade.

Retail Area:

The spacious retail area measures approximately 6.95m x 5.15m and includes:

  • An L-shaped refrigerated display counter
  • Electronic scales and a modern till system
  • Refrigerated window display to highlight products
  • Air conditioning for customer comfort
  • Fully tiled walls and non-slip flooring
  • LED lighting throughout


Behind the counter, there is ample workspace equipped with:

  • Butchers tables and wooden blocks
  • Plastic shrink-wrapping machine
  • Counter scales and point-of-sale scales


Preparation Rooms:

An open doorway leads to a rear preparation room measuring 7m x 2.75m, fitted with:

  • Kolbe floor-standing mincer
  • Sausage machine with burger attachments
  • Bacon slicer and a spare ham gravity slicer
  • Delonghi gas oven
  • Double stainless steel sink units
  • Hammiser ham cooker
  • Stainless steel worktables and chopping tables
  • Shelving and racking for storage
  • Plastic-covered walls and vinyl non-slip flooring


Further back is a room containing walk-in chillers and freezers, essential for meat storage:

  • Two walk-in chillers and one walk-in freezer
  • Cutting tables and additional preparation space


A door from this area leads to a store room (measuring 2.2m x 2.6m excluding the chiller), which includes:

  • An additional walk-in chiller
  • Shelving and racking for dry goods and supplies


All areas are designed to meet health and safety regulations, ensuring a safe and efficient working environment. The property also offers ample commercial parking and easy access for deliveries.

additional information

agents note: This is a business for sale as a going concern, not an empty premises for sale or let.

Confidential information: In order to release further information on the business - such as the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required.

Reference number: B36081E.

Opening hours: Monday, Tuesday, Thursday, Friday: 8:00 am - 5:00 pm. Wednesday: 8:00 am - 1:00 pm. Saturday: 8:00 am - 2:00 pm.

Tenure: Leasehold. Lease runs until June 2026.

The purchaser will be responsible for the landlords costs and fees in connection with the assignment of the lease.

Rent payable: £4,000 per annum. It is expected that the landlord would look to increase the rent to be in line with current market rates upon renewal of the lease.

Rates payable: Nil. We are advised that the business benefits from Small Business Rate Relief.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

Staff: 4 full-time staff, 2 part-time staff (one of which includes a delivery driver).

EPC: The Energy Performance Certificate shows a rating of '58/C' - full document available on request.

Price: £145,000 plus stock at valuation (estimated to be circa £10,000).

For the benefit of the leasehold, goodwill of the business, fixtures, fittings and equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.

Viewing: Strictly by appointment only, please get in touch to make an appointment.

Finance: We may be able to help you with business financing or your commercial mortgage needs, subject to eligibility. Please let us know if you need our assistance with this and we will put you in touch with our recommended whole of market broker.

Business to sell: Thinking of selling your business? That's our business!

If you are interested in finding out how much your business is worth, we offer a free and confidential valuation service. You can choose the time and day that suits you best, and we will give you an honest and professional assessment. Please contact our office at your convenience to book an appointment.

Premier marketing: We are passionate about showcasing our businesses in a way that sets us apart from others. We provide quality property details and comprehensive information on all online platforms and our own website. If you want your business to stand out from the crowd, call us to book a free valuation.

disclaimer

1. Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets, flooring or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

More information

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