Immaculate Supermarket in Hampshire For Sale

Occupying a corner position, prominent trading position, residential area, HAMPSHIRE

Turnover £ 6,500
Price £89,500

Features

Immaculate Supermarket with Counter News and off Licence


DOUBLE FRONTED PREMISES, in the region of 650 ft², WITH ELECTRIC SHUTTERS, CCTV (16 cameras), Fire Alarm, commercial nonslip vinyl flooring, suspended ceiled with LED lights.

Sales counter, EPOS cash register (on loan to be taken over, optional).

Ice cream display freezer (Walls), 2 single door freezers, open display chiller (3.5m), soft drinks chiller, dairy chiller & wine and beer chiller with energy efficency condensor, bespoke vape cabinet, coffee machine, etc.

2 store rooms (shelved.)

Staff cloakroom with toilet and wash hand basin.

Stair to largew BASEMENT- Presently not used.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,500 p.w. with a Gross profit of 27% approx.

Staff

The business is at present operated by the vendor on a part time basis with 1 full time 2 part time staff employed

Trading Hours

7 Day week
MONDAY - SUNDAY 8am - 8pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2023 with reviews every 3 years (next review 2026) at a current rent of £8,400 p.a.

Business Rates from April 2024 £1,500 approx. Eligible for small business relief. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £89,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 44,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote