Bridge Town Butchers , Bridge Town, Totnes, Devon Long Leasehold : £110,000

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LOCATION
RML Meats & Bridgetown Butchers is Located in the historic market town of Totnes. Situated in the beautiful South Hams countryside, Totnes is renowned for its wide range of independent retailers, fair trade, local produce and thriving outdoor market.

Totnes enjoys good links to the rest Devon being, 10 miles from the English Riviera of Torquay, 25 miles from the maritime city of Plymouth and 30 miles from the County town of Devon, Exeter.

The local Grove Primary school benefits from an ‘Outstanding’ OFSTED rating.

Bridgetown lies on the east bank of the River Dart that flows down from the hills of Dartmoor and is named after the first bridge built across the river, connecting the populous, shops and trades.

DESCRIPTION
Bridgetown Butchers will be celebrating its 250th anniversary next year. RML meats was founded in 1984, taking over this established traditional butchery and supplies locally produced and best quality meat to many hotels, restaurants and pubs across Devon and Cornwall.

The business enjoys a substantial turnover operated by a small but dedicated local workforce of 6 together with the two owners who are looking to retire. Increased turnover potential exists as the current business only operates until 2PM and is closed on Sunday’s.

The business is operated from a charming retail shop fronting onto Bridgetown, together with more extensive preparation areas and offices behind in another building including appropriate refrigerated storage. The sale will include a comprehensive inventory of equipment to be prepared and agreed at contract stage.

To the rear of the shop there is a good size, vacant, self-contained 1 Bedroom apartment which the vendors previously sublet on an assured shorthold tenancy but also suitable as an owner’s accommodation if required.

ACCOMMODATION
This property includes a 20m2 shop, a 65m2 preparation area, a 23m2 office, 2 single garages and a self contained 55m2 1 Bedroom flat with study and private internal courtyard.

Details of the layout and sizes of rooms can be found overleaf on the floor plans.

TERMS
We are awaiting terms of the current lease although we are advised that the lease is a secure lease within the landlord and tenant Act 1954 Part 2.

However, if a purchaser wished to relocate the business then this would be given due consideration subject to negotiation.

OUTGOINGS
Shop: Rateable Value £5500 business rates relief applies to qualifying applicants.

Apartment: Council tax band B

VAT
All figures quoted are exclusive of VAT whether chargeable or not. Interested parties are recommended to establish VAT implications before entering into any agreement.

LEGAL COSTS
Each party to be responsible for their own legal costs incurred.

OTHER
EPC
Exempt as building is listed.

VIEWING
Viewing by appointment only please WAYCOTTS COMMERCIAL 01803 403060

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