Convenience Stores for sale in Hampshire

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 Daltons offered a simple, low-cost and effective way to advertise our business for sale to a wide audience.  

David Binder (Nov 2017)
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Leasehold Price: £87,500 Weekly Turnover: £11,000
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Business Description
The business has been in the same hands for the past 35 years and there are genuine reasons for sale.

SHARED CAR PARK IN FRONT OF PARADE PROVIDING PARKING FOR APPROXIMATELY 12 CARS

Automatic door to ATTRACTIVE SALES SHOP in the region of 500 sq. ft. sales area. Tiled floor, suspended ceiling with concealed lighting. Well equiped including counter, 2 tills with EPOS scanning system, 1 upright single door display deep freezer, 1 glass fronted single door fridge (used for milk), 2 open cool display units (1 used for wine whilst the other is used for beers), large open cool display unit (approximately 5m long comprising 2 units & used for dairy products & soft drinks), display gondolas, slats for greeting card display. CCTV system with 8 cameras, monitor plus recording.

Stockroom
Secure store
Staff w.c. & wash hand basin

Situated in a parade, busy road, residential area, on the HAMPSHIRE/WILTSHIRE BORDERS

• ACCOMMODATION INCLUDED

The accommodation in the form of a SELF CONTAINED MAISONETTE over with DOUBLE GLAZING & ELECTRIC CENTRAL HEATING is at present let on a shorthold tenancy & provides a rental income of £750 per month, however we understand that vacant possession can be given on completion, if required. The MAISONETTE comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, shower over bath, w.c. & wash hand basin
Large Lounge
Fitted Kitchen

Turnover : WE ARE INFORMED the turnover currently averages £11,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £500 p.w. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £160 p.w. The business also has Paypoint which we understand provides a further commission of approximately £60 p.w. ATM machine. We are further advised that the sales year ending 31st March, 2017 showed sales of £516,257 with a gross profit of £92,696 i.e. 17.98%. In addition commission was received from on line national lottery & scratch card sales, ATM commission & Paypoint in total of £12,627.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £87,500 plus STOCK AT VALUATION (£18,000/£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.

Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote.

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure
Tenure: Leasehold

Number of bedrooms: 3

Listed by: Nationwide Businesses Ltd
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G7977
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