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CONVENIENCE STORE with LOTTO

Bournemouth, Dorset
Leasehold Price:
£55,995
Status
FOR SALE
Advert ID
237586
Reference
G033798R / Rightbiz
Refitted CONVENIENCE STORE with LOTTO, desirable BOURNEMOUTH coastal suburb, situated within sought after SOUTHBOURNE residential area, stone’s throw from spectacular sea views and famous beaches. Enjoying prominent main road trading position, highly visible, forming part of a parade, benefits from free restricted stay on street car parking and being on bus routes, surrounded by residential housing, school only a short distance away. Deceptively large property, modern air conditioned retail area, refitted in recent years at considerable expense, includes host of new refrigeration equipment, useful storage lobby and main storage room. Very spacious self-contained 5 bedroom maisonette, enjoys some sea views, ideal for owners or could be let, rental income of approx. £1,400 per month considered achievable, comprises kitchen/diner, sitting room, 5 double bedrooms, bathroom and shower room. Additional self-contained studio apartment, currently let at rate of £585 per month, comprises kitchen, sitting room/bedroom, bathroom and cloakroom, total rental income achievable £23,820 per annum against rent payable of £17,000 per annum. A very versatile property and popular business, enjoys regular local repeat trade, summer boost from visitors/beach goers, operated at level to suit owners, only trades 6 days each week, closing Sundays, Sales 2018 £169,581 ex Vat, plus commission income £3,445 and rental income, considerable scope to increase, minimal overheads, shop can be operated by one person majority of the time. Leasehold £55,995 sav Ref: G033798R

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
Seller Details
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Listing Details
Leasehold Price: £55,995
Tenure: Leasehold
Location: Bournemouth, Dorset
Sector: Convenience Stores, Newsagents
Financials
Annual Turnover: £169,581
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