Thriving Convenience Store In Bournemouth Dorset | | Bournemouth Dorset | | Convenience store Bournemouth, Dorset T/O: £370,000 GP: 28% Huge scope Prime trading position High footfall Affluent area Loyal customer base | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 72677
ADVERT IMPRESSIONS : 5,991 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £55000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Good Choice occupies mid-parade ground floor lock-up premises, ideally located on a busy high street in the large coastal town of Bournemouth, Dorset. The premises are situated in a prominent trading position, close to a number of amenities and attractions. The business is surrounded by a densely populated residential area, from which it draws much trade, and many complementary shops and businesses. The seafront is only a few minutes walk away and the promenade can be accessed via the East Cliff Lift. The area has excellent public transport links with numerous bus stops and a railway station within easy walking distance. Bournemouth is an affluent, popular seaside resort, boasting many tourist attractions and a thriving nightlife. The premises boast easy access to the A-road network, including the A338 Wessex Way. Christchurch lies 4 miles to the east, while Poole is approximately 6 miles to the west.
Business History
Preferred Commercial is pleased to offer for sale this thriving convenience store, which was established by our client in 2008 and which is only now offered to the market due to our client's other business commitments. The business trades 7 days a week and generates a turnover in the region of £370,000 per annum with a gross profit of 28%. Good Choice offers an extensive range of products, including general CTN lines, convenience lines, alcohol and a selection of groceries. We feel the turnover could be further increased by extending the range of products available, such as frozen food and also offer newspaper delivery rounds. There is also scope to offer the Lottery and Paypoint facilities. The store enjoys much repeat trade from the local community. The premises are well-equipped to suit the trade with a spacious retail area and a large storeroom. This is an ideal opportunity to acquire an already busy convenience store in such a desirable location and with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £370,000 approx.
GP: 28%
Opening Hours
Mon - Sun: 8:00am to 1:00am
Alcohol sales until 11.00pm
Hours vary with season
Accommodation Details
Substantial ground floor mid-parade lock-up retail premises in busy high street location. Briefly comprising:
Ground Floor
• Retail area with shelving, 2 x chillers, double glass fronted refrigerator, open freezer, counter, electronic cash register, tobacco gantry and product displays
• Storeroom
• WC with wash hand basin
• Fire exit
External
• On-street parking to front
Tenure
Leasehold
Original length: 21 years
Remaining: 17 years
Review: every 3 years
Rent: £10,000 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2990 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
