High Turnover Convenience Store In Gosport Hampshire | | Gosport Hampshire | | Convenience store Gosport, Hampshire T/O: £550,000 GP: 23% Huge scope High turnover Loyal customer base 3-bedroom accommodation | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 69314
ADVERT IMPRESSIONS : 6,183 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £125,000 | ANNUAL RENT: | £18000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Palmyra News occupies substantial 2-storey premises, ideally located in a busy parade of shops in the town of Gosport, Hampshire. The business boasts a prominent trading position in a densely populated residential area and benefits from a high footfall and much passing trade. The local amenities are close by, including schools and a library. There are excellent public transport links with numerous bus routes running into the nearby town centre. Gosport is a popular tourist destination, famous for its historic dockyard and naval heritage. The town is a highly desirable place in which to live, due to its excellent road links across the region. The premises boast easy access to the A-road network and the M27 is 5 miles away. Portsmouth lies 12 miles away, while Southampton is approximately 17 miles away.
Business History
Preferred Commercial is delighted to offer for sale this busy convenience store, which was established in 1950 and which has been in our client's careful hands since 1990. The store is only now offered to the market due to our client's wish to retire. The business trades 7 days a week and generates a healthy turnover and gross profit. Palmyra News offers an extensive range of products including, general CTN lines, the lottery, confectionery, groceries and alcohol. We have been advised that the turnover could be further increased by extending the range of alcohol available. There is also the opportunity to open the store on Sunday afternoon and evening. The premises are well-equipped to suit the trade and boast 3-bedroom self-contained owners' accommodation with lounge, kitchen and bathroom, which could be let to generate additional income. This is an ideal opportunity to acquire an already busy convenience store in such a desirable location. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
Available on request
Opening Hours
Mon - Sat: 5:30am to 7:30pm
Sun: 5:30am to 1:30pm
Accommodation Details
Substantial 2-storey convenience store premises with 3-bedroom self-contained owners' accommodation. Briefly comprising:
Ground Floor
• Shop area with large serve over counter, range of product displays, lottery, electronic cash register, tobacco gantry, spirits display, magazine rack, pharmacy display, greeting card display, gift wrap display, pet food display, 2 x drinks chillers, wine/beer chiller, dairy chiller and central gondola with various displays
• Store room to rear with lockable tobacco and alcohol store
First Floor
• Lounge
• Kitchen/diner
• Double bedroom
• 2 x single bedrooms
• Family bathroom
External
• Rear access and parking
Tenure
Leasehold
TBA
Rent: £18,000 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2804 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
