This is a long established business which opened in 1937 and our client has been working in the shop for over 40 years. The business has now reluctantly been placed on the market due to the current owners impending retirement. The shop is located within a small parade at the junction of Seatonville Road with Cauldwell Lane and Earsdon Road in the centre of this popular residential district to the east of Whitley Bay.
Over the significant number of years that this business has been trading, the shop has built up a reputation for high standards of service and quality of produce and the vast majority of the trade is from regular private customers. The shop prepares its’ own hams and sausages and operates in the manner of a traditional family butcher.
There are good levels of captive trade but the parade also benefits from a large free public car park to the rear and the shop also has access to this car park from its’ yard. Although fairly compact, the retail premises are fully fitted and equipped for the trade and there is an additional outhouse which provides a separate prep area and houses the second walk in chiller.
This business would be ideal for another family or partnership to take on and viewing is recommended to appreciate the location and longstanding goodwill of the existing business.
A new lease will be available at a commencing rental of circa £6,000 per annum with a 3 yearly rent review pattern. The length of lease is to be agreed and the ingoing tenant will be responsible for the landlord’s reasonable legal costs in the preparation of the lease.