Convenience Store plus International Grocers in Hampshire For Sale

Excellent trading position, situated in a parade, adjacent to a Pharmacy HAMPSHIRE

Turnover £ 300
Price £40,000

Features

Newly Fitted Convenience Store with International Groceries and Frozen Foods - Scope For Off Licence (recently Applied For)

DOUBLE FRONTED PREMISES, in the region of 550 ft², WITH ELECTRIC SHUTTERS, CCTV (6 cameras), Burglar alarm, Lamonate (wood effect) flooring, suspended ceiling with tube lighting.

Sales counter, electric cash register, double door freezer, ice cream freezer, soft drinks fridge, single door fridge, adjustable shelving, etc.

Stock room with additional storage area.

Office.

Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £300 p.w. with a Gross profit of 30% approx.

We are advised the vendor has applied for an off licence and is also incorporating the sales of vapes and associated products.

Staff

The business is at present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 10 am - 5.30 pm
SUNDAY 10.30 am - 5 pm

Outside

Rearr access loading bay, parking space for 1 vehicle.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2024 with reviews every 3 years (next review 2027 - with a tenant only break clause) at a current rent of £13,500 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024 AND THERE ARE GENUINE REASONS FOR SALE.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 20,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote