Supermarket with Butchers Counter in Hampshire For Sale

Situated in a parade, excellent trading position, residential area, HAMPSHIRE

Turnover £ 3,500
Price £40,000

Features

Supermarket with off Licence and Butchers Counter

FORECOURT TO THE FRONT

TRIPLE FRONTED PREMISES in the region of 885 ft² WITH ELECTRIC SHUTTERS, tiled floor, spot lights, sales counter, EPOS till, cool display counter with refrigerated storage section, modern adjustable shelving, open cool vegetable display unit (3 metres), glass doored drinks display unit (3 metres), glass doored drinks display unit (4 metres), pic n mix display, open cool display unit (3 metres), large sliding door freezer, glass topped deep freeze, CCTV system (16 cameras, 3 monitor), etc

Walkin coldroom

Stock room.

Office.

Kitchen with bake off oven

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a Gross profit of 40% approx.

Staff

The business is at present operated by the 2 full time & 2 part time staff.

Trading Hours

7 Day week (6am - 11pm Licence)
MONDAY - SUNDAY 8am - 10pm

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 5 years (next review 2029) at a current rent of £18,000 p.a.

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£10,000 APPROX.)
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