Convenience Stores for sale in Swanage

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Profitable Newsagents & Store - Swanage

Swanage, Dorset, England

  • Freehold Price: £200,000
Seller Reference: H21991
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Business Description
 
 
 
 
 
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Seller Reference: H21991
Request Details
Business Description
FEATURES
Newsagents and convenience store in very prominent Town Centre corner location. Rare virtual freehold opportunity (999 year lease). Profitable business which achieved a net profit of £46,000 in 2017. Includes lottery, grocery and licensed sales. Owners retirement sale – 11 years in current ownership.

LOCATION
The business sits on a prime corner location on the High Street location, an excellent trading position, in a popular seaside town on the Jurassic coast. Passing foot and vehicle trade, with car park, boat park and Swanage Pier nearby and close to the beach and Quay areas. Studland and Chain Ferry to Poole/ Bournemouth approx. 3½ miles. Corfe Castle approx. 5½ miles. Wareham approx. 10½ miles.

SUMMARY OF ACCOMMODATION
Convenience Store. Walk in Stock Room/Office. External part covered Store Room with Staff Cloakroom.

DESCRIPTION
Independent convenience store/newsagent/off licence – shop has extensive shelving and wall fittings including magazine and newspaper display racking, 2 slide top ice cream freezers, 2 upright glass door beer and cider fridges, large commercial fridge for dairy and convenience foods, upright glass fronted freezer, upright glass fronted wine chiller display and a double sliding door soft drinks chiller (the last two items only on lease purchase – almost completed). National Lottery and scratch card terminal, Paypoint terminal, double slide door tobacco gantry. Epos till system with backroom computer. “Nescafe to Go” hot drinks counter top vending machine, sim card and phone accessories display. Main fitted serving counter with confectionary display shelving. 6 CCTV cameras, CCTV monitor. Stock room with upright metal double lockable door unit with enclosed safe. Alarm system. Computer and printer. Storage shelving, desk and chair. Door leading to outside enclosed yard with reactor lighting, stainless steel upright commercial fridge, covered beer and drinks stock shelving, cloakroom with WC, wash hand basin and hot water heater.

TRADING & BUSINESS
The store sells a large range of goods including newspapers/magazines, greeting/post cards, stationary. Wines, beers, ciders and spirits, tobacco products, phone cards and accessories, groceries, toiletries, ices, dairy, fresh snacks, sandwiches, bread and cakes. National Lottery and scratch cards, Health Lottery, paypoint outlet. UPS parcel drop and collect point. The owners inform us that the store is open from 7.00am till 8.00pm, 7 days a week, with extended hours weekends and holidays (present premises licence allows opening until 11pm). We have had sight of accounts which show that in the year ending 31st March 2017 the turnover was £353,887 with a Net Profit of £45,827. Further accounts can be made available to genuinely interested purchasers.

LICENCES/PERMISSIONS
We are informed that the property holds a Premises Licence granted by Dorset Council (Purbeck). The Licensing Act 2003 states that properties serving alcohol have a designated premises supervisor who must hold a Personal Licence. We suggest that all purchasers take appropriate professional advice. We have not had sight of this licensing documentation.

TENURE
The premises are being offered as VIRTUAL FREEHOLD opportunity (999 year lease).
Location Details:
The business sits on a prime corner location on the High Street location, an excellent trading position, in a popular seaside town on the Jurassic coast. Passing foot and vehicle trade, with car park, boat park and Swanage Pier nearby and close to the beach and Quay areas. Studland and Chain Ferry to Poole/ Bournemouth approx. 3½ miles. Corfe Castle approx. 5½ miles. Wareham approx. 10½ miles.
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