Convenience Stores for sale in Portslade

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HIGHLY PROFITABLE LARGE MULTISTORE BUSY PARADE OF SHOPS PORTSLADE, WEST SUSSEX

Portslade, East Sussex, England

  • Leasehold Price: £179,950
  • Weekly Turnover: £13,000
Seller Reference: 6545G
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Business Description
 
 
 
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Seller Reference: 6545G
Request Details
Business Description
The convenience store is located in a densely populated area of Portslade, and benefits from a high footfall of pedestrians throughout the year. The business has been established since 2008 and only now comes to the market due to the vendor’s wish to retire. In the surrounding area there are a number of retail and catering premises, making this a thriving high street of shops serving the local community. The multi store offers a comprehensive product range which includes, dried and fresh groceries, tobacco, newspapers, lottery, alcohol, e-cigarettes, household items and seasonal products.
The business occupies a large double fronted unit on a busy high street in Portslade which benefits from a high footfall all year around. The convenience store benefits from on street parking and a nearby supermarket car park within a few minutes’ walk. The store was fully refurbished in March 2020 and comes to the market with a wealth of trade fixtures and fittings. Within the store there is a very large retail space with a number of central display gondolas, a modern service counter to the front of the store, smart wine and spirit display shelving, modern lighting, a number of upright chiller and frozen food display cabinets and upright drinks chiller cabinets throughout the retail space. To the rear of the premises is a storeroom with shelving and access to the staff WC’s with fitted wash hand basin and an office. The business also benefits from a very large storeroom which is located above the store and has the same floor capacity as the ground floor. CCTV has been installed throughout the ground floor and metal shutters available at the front of the building.
Trading hours:
trades 7 days a week, 7am-1am.
Number of employees:
4
Tenure:
Leasehold
Support and Training:
yes
Location Details:
The convenience store is located in a densely populated area of Portslade, and benefits from a high footfall of pedestrians throughout the year.
Leasehold Term:
The premises are held on a full repairing and insuring lease, which has approximately 8 years unexpired at a current rent of £37,500, per annum, exclusive.
Listed by:
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