Convenience Stores for sale in Southampton

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Convenience Store in Southampton, Hampshire

Southampton, Hampshire, England

  • Leasehold Price: £79,500  Price Reduced arrow_drop_down
  • Weekly Turnover: £8,000
Seller Reference: NB-G8063
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Business Description
 
 
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Seller Reference: NB-G8063
Request Details
Business Description
Nationwide brings to the market this WELL ESTABLISHED DETACHED SELF SERVICE CONVENIENCE STORE, MAINLY COUNTER NEWS, CONFECTIONERY, TOBACCO, NATIONAL LOTTERY, FROZEN FOODS, PET FOOD, FULL FREE OFF LICENCE. Busy road, densely populated residential & commercial area, HAMPSHIRE.

The business has been in the same hands for the past 29 years and there are genuine reasons for sale.

Forecourt with parking for 2 cars

SPACIOUS SALES SHOP in the region of 800/1,000 sq. ft. sales area with tiled floor, fluorescent lighting. 2 air conditioning/heating units. The equipment includes counter, 2 electronic cash register, cigarette gantry (on loan), shelving, 1 sliding double door glass fronted display fridge (used for wines), 1 3-door sliding glass fronted fridge (used for beers), 2 greeting card display stands with drawers, 1-2.5m open cool display unit, 1 upright single door glass fronted fridge (used for soft drinks), 1 double door glass fronted display fridge (also used for soft drinks), 1 glass topped ice cream deep freezer, 2 large glass topped display deep freezers, 2 display gondolas etc.

Stockroom at rear
Staff w.c. plus store shed

Turnover : £8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £800 p.w. Gross profit 20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this currently provides a commission of approximately £150 p.w. The business also has Paypoint plus Hermes Parcel Service which we understand provides a commission of approximately £30 p.w. We are further advised that the sales year ending 30th September, 2016 showed sales of £357,050 with a gross profit of £79,607.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION (£35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT (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. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £79,500 (G8063)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold
Is accommodation included?:
The accommodation with FULL GAS FIRED CENTRAL HEATING, front windows DOUBLE GLAZED situated on the first floor comprises:

2 Double Bedrooms
Bathroom with bath, shower over bath, w.c. & wash hand basin
Lounge
Kitchen with fitted units

In addition there is a SELF CONTAINED FLAT currently let on a shorthold tenancy & providing a rental income of £400 per month. The SELF CONTAINED FLAT comprises:

1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge
KitchenetteLarge enclosed garden
Listed by:
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