Convenience Stores for sale in East Sussex

View the "EST NEWS/CONVENIENCE STORE & 2 x FLATS - Hove, East Sussex" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £83,500 Price Reduced Weekly Turnover: £7,250
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Business Description
Well presented double fronted news/convenience store in main parade with street parking in a very busy residential area. Includes 2 x self-contained flats above. Current T/O £7,000-£7,500pw from open M-Sat 5.30am-9/10pm, run by owners. 17 years on lease, rent £12,500pa. One flat with 1 double bed let for £850pm, owners live in 2 bed flat. Sells groceries and drinks, cigarettes etc. Payzone, National Lottery. Alcohol licence to 11pm. Est.ablished 25 years, current owners selling to emigrate. No deliveries, counter news only.
Trading Hours:

Monday to Saturday 5:30am through to 10pm (in the summer) or 9pm (in the winter). The business holds an alcohol licence until 11pm

Number of Employees:

The shop is run by the husband and wife proprietors.

Tenure: Leasehold

Location Details:

This newsagents/convenience store is located a well populated area of Hove within the tourist East Sussex coastal city of Brighton & Hove. This business is situated on a busy retail road, surrounded by a large residential area.

Hove is a town on the south coast of England, immediately to the west of its larger neighbour Brighton, with which it forms the unitary authority Brighton and Hove. It forms a single conurbation together with Brighton and some smaller towns and villages running along the coast. As part of local government reform Brighton and Hove were merged to form the borough of Brighton and Hove in 1997. In 2000 the conjoined towns officially attained city status. Hove is bordered by Brighton on the east and Portslade-by-Sea on the west.

Brighton & Hove is situated about 45 miles from London, with Crawley located approximately 20 miles to the north.

Leasehold Term:

The current lease for the premises has about 17 years remaining at a rent of £12,500pa.


Listed by: Adams & Co
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