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Convenience store, Off licence £375000 Andover, Hampshire

Andover, Hampshire
Freehold Price:
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Advert ID
NWP0055 / Rightbiz


Business – Convenience Store, Off Licence
A great opportunity to buy the lease of 3 shops together near to each other in one place 
Asking Price- £375,000 Lease Hold (for all three)

%u200BShop 1 - No competition (£300,000 Individually)
Rent- £16000 per year ( 2 shop) Shop is trading only in 1 unit another unit is empty for different business
Business Rates- Nil
Lease-12 Years (Renewable)
Rent Review- Every 4 Years
Mon-Sun – 7am to 10 pm
Sale - £14000 per week Income from cash machine – £2500 per year

%u200BShop 2 - No competition Council lease (£60,000 Individually Fixed price)
Rent – £5000 per year
Business Rates- Nil
Lease – 2 Years renewable lease
Sale- £7000 per week Commission from cash machine – £125 per month
7am to 10pm ( Mon-Sun)

Shop 3 - (£60,000 Individually Fixed price )
Rent – £17000 per year
Business Rates- £7000 per year
Lease – 12 Years renewable lease
Sale- £8000 per week 
7am to 10pm ( Mon-Sun)

Seller Details
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Listing Details
Freehold Price: £375,000
Tenure: Freehold
Sector: Off Licences, Convenience Stores, Supermarkets
Key Features
  • Prime Location
  • Established Business
  • Close to Local Amenities
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