Convenience Store with Off Licence in Hampshire For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, Hampshire.

Turnover £ 7,250
Price £100,000

Features

Convience Store, Vapes and Off Licence

SINGLE FRONTED PREMISES in the region of 750 ft² WITH ELECTRIC SLIDING DOOR & ELECTRIC SHUTTERS, vinyl floor, suspended ceiling with LED Panel lighting, sales counter, cigarette draw, EPOS till, CCTV system (8 cameras, 1 monitor), 3.75 meters drinks display fridge (glass fronted upright sliding-doors), glass fronted upright double-doors freezer, modern adjustable shelving.

Stock room / Store room.

Staff Toilet with w.c. and wash hand basin.

Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,250 p.w. with a Gross profit of 25% approx.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £50 per week approx.
PAY POINT £10 per week approx.
AMAZON PARCELS £30 per week approx.

Staff

The business is at present operated by 1 full time & 2 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 8am - 11pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2020 with reviews every 5 years (next review 2030) at a current rent of £8,700 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION (£25,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 50,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote