Convenience Store for sale - OFF LICENSE/NEWS AGENT/SOUTHAMPTON/REF NO:24932
Outside of London
Overview:??A well-established running business for the last 34 years with three-bedroom flat accommodation with separate entrance which is rented. Currently, it is staff managed a prominent corner pedestrian location on the parade with a lot of footfall and regular fixed client base with goodwill in the area.
Business Potential: To increase business by adding pound products, fresh vegetables, fruits, bakery and increasing the business hours the prospective buyer can reduce the staff management's new lines of business. Rental income from 3 bedrooms flat £10000 P.A. which can be achieved to £15000 P.A ?
The Premises:? Well-maintained shop, the shop is on a corner position with a floor area of 2800 sqft plus storage area at rare. Loading and unloading from the rear. Ample free car parking space.
Income:< Sale from shop £22000 P.W.,(Gross)
Lottery: £6000 p.w
Paypoint: £1250 p.w
Newspaper: £700 p.w
Timings: Monday to Saturday from 06.00 A.M to 10.00 P.M.
Sunday 06.30 A.M. to 09.00 P.M.
Financials and Price:?The business is marketed for £350,000 Plus Stock as per Valuation, it includes the goodwill, fixtures & fitting.
Tenure: Lease remaining for 07 years with rent review every 5 years, renewable lease.
BTC to be retained call us further details and appointment for viewing: 020 8889 7474
Property reference: CP987241_24932
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