Convenience Store for saleNisa Local & Subway, 351-353 Copnor Road, Portsmouth, UK, PO3 5EQ
- Business for sale
- Established & profitable business
- Combined turnover Y/E 31/03/17: £715,086
- Adjusted net profit: £108,243
- Densely populated residential area/main road
- High specification fit-out in 2015
- Excellent business with strong trading figures, Energy Rating C
Copnor Road Nisa Local & Subway is a highly profitable business with multiple income streams and offers the opportunity to continue the excellent growth that the owners have built up since opening the store in 2015.
Assuming an owner operated store, there is potential to generate EBITDA in excess of £108,000.
The store was comprehensively refurbished and fitted out just two years ago at a cost of in excess of £160,000.
The convenience store and Subway occupies a highly prominent corner site in the heart of Portsmouth.
The business benefits from a high volume of passing trade as well as having a strong local customer base from the heavily populated residential location and nearby secondary school and college.
The large retail area is superbly appointed with a wide range of display units, refrigeration units, LED lighting, tiled floors and electronic systems including alarm and EPOS.
The Subway sandwich shop includes a full professional fit out in accordance with the franchise requirements. There is a seating area for customers to dine in.
The property also offers generous storage areas and high spec walk in refrigeration units, as well as a staff kitchen and toilet.
The fixtures and fittings are owned by the vendor and will be included in the sale.The Opportunity
An extremely profitable business with excellent long term growth potential and limited local competition.Staff
The business is currently run by three family members with the assistance of two full time and two part time staff.Regulatory
More information from this agent
To view this media, please visit the on-line version of this page at www.rightmove.co.uk/commercial-property-for-sale/property-51880185.html
Energy Performance Certificate (EPC) graphs
Map & Street View
Street View is unavailable in this location
- Hilsea (0.5 mi)
- Cosham (1.3 mi)
- Fratton (1.9 mi)
Disclaimer - Property reference 3818110-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co , Winchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com
Map data ©OpenStreetMap contributors.