Newsagent/Retail Shop with 3 Bed Flat in Christchurch Dorset - Turnkey Business Opportunity
Christchurch, Dorset
- Status
UNDER OFFER
- Date Submitted:
19/06/23
- Advert ID
515140
- Reference
H23854 / Rightbiz
- Call Agent:
- Leasehold: £60,000 (Stock at valuation)
- Rent: £13,000
- Turnover: N/A
- Net Profit: On request
Key Features
- Fully Fitted
- Established Business
Business Details
Newsagent Retail Shop & 3 Bed Self Contained Flat Included
Goadsby Commercial present superbly presented newsagent/retail shop. Genuine turnkey business with low overheads. Includes newspaper/magazine delivery rounds. Spacious self-contained 3 bedroom flat. Free time limited customer parking to the front of shop.
LOCATION
Prominent trading location in busy shopping parade. Christchurch Town Centre approx. 1½ miles. Highcliffe approx. 5 miles. Bournemouth Town Centre approx. 6 miles.
SUMMARY OF ACCOMMODATION
Newsagent/Retail Shop. Lobby. Owners Cloakroom. Owners Flat comprising: Kitchen, Living Room, Study, Bathroom, 3 Double Bedrooms and Walk in Store Room.
DESCRIPTION
Through front door into the Newsagent Shop with laminated wooden floor, extensive shelving and display racking, servery counter, shelving, computer system, till, scales, tobacco dispenser, Evri parcel point, upright glass fronted chiller, confectionery display, large chiller counter unit, greetings card display racking, newspaper display racking. Lobby with CCTV camera, storage area door into Owners Cloakroom. Door to rear outside. Door from the outside with stairs FIRST FLOOR Landing. Kitchen with door to stairs leading to the ground floor. Living Room. Bedroom 1 DOUBLE. Bathroom with shower, wash hand basin, WC. Stairs to SECOND FLOOR Landing. 2 further Double Bedrooms. Walk in Store Room. OUTSIDE Fully fenced, patio, artificial grass. Door into Lockable Stock Room with shelving.
TRADING & BUSINESS
The owners inform us that they currently operate 7 days a week, from 6am until 6pm and a half day on Sunday’s from 6am until 1pm. The business sells a large range of goods including newspapers, magazines, confectionery, greetings cards, cigarettes and alcohol. The business is operated by the owner and two part time employees working less than 13 hours a week and has been in its current ownership for approximately 5½ years. We have been provided with accounts which show that in the year ending 31st March 2022 a turnover of £313,811 was achieved. Further accounts can be made available to genuinely interested purchasers.
TENURE
LEASEHOLD. The business is held under a 10 year lease from December 2021, at a current rent of £13,000 per annum. The lease can be made available to genuinely interested purchasers.
Contact Agent
Listing Statistics
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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