Convenience Store for sale - OFF LICENSE/NEWS AGENT/SOUTHAMPTON/REF NO:24932

£350,000

For Sale

Property information

Status:
Available
Type:
Sale
Address:
Outside of London
Categories:
Convenience Stores
Listed on:
02-08-2019

Commercial

S.O.A.


Description


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
Rent:£15000P.A.
Rate: :£4500P.A.
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



Disclaimer

Property reference: CP987241_24932

The information exhibited about this property relates to a property listing advertisement. Commercial People Ltd makes no assurances as to the accurateness or completeness of the said advertisement or any connected or associated information. Commercial People Ltd has no control over the content of the advertisement. This property advertisement does not constitute property particulars. All information is provided and maintained by BTC Limited. In the event of any discrepancies, we ask that you please contact the selling agent or developer directly.

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BTC Limited
Lonbdon,
N11 2JG,
GB

Property reference: CP987241_24932

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