Convenience Store for sale

Bon Bon Convenience Store, 6 Queen Street, Weymouth, United Kingdom, DT4 7HZ

Guide Price £20,000

Property Description

Commercial information

  • Business for sale

Key features

  • Located opposite Weymouth train station
  • 2016 accounts show turnover of 403,238
  • On street parking to the front
  • C.500 sq ft of trading space
  • Huge potential to develop existing business
  • Energy Rating C

Full description

Tenure: Leasehold

Description

Bon Bon Convenience is a single fronted Premier symbol branded lock-up shop set in a terraced building which has undergone significant improvement by the current owners.

The shop occupies the ground floor and is accessed directly from the street. The property front has display windows and a single door to its entrance.

There is on street parking for several cars and a storage area to the rear.

Location

Weymouth is a coastal town in Dorset, situated approximately seven miles to the South of Dorchester and five miles to the North of Portland. The town is well known for hosting the majority of the 2012 Olympics sailing events. As a result the area has seen a significant boost in infrastructure transport links, tourism and has an increasing population of 52,323. The town has good travel connections by road (A354) and is served by two train lines traveling to London Waterloo and Bristol Temple Meads.

Bon Bon convenience store is set on Queen Street in Weymouth, in one of the area's high footfall locations close to the beachfront and opposite the Weymouth Train Station.

Internal Details

Single fronted shop with Premier branded fascia and glazed entrance.

Approximately 500 sq ft of sales area with further storage areas to the rear. Tiled floor and suspended ceiling with fixed lighting. CCTV throughout. One point of sale near entrance with tobacco gantry and associated shelving behind. One aisle of shelving, two soft drinks chillers including a Coca Cola branded double door fridge and a Lucozade soft drinks fridge. One chilled dairy double door fridge. A low level open fronted soft drinks chiller which could be used as a food to go offering.

We understand from the vendor that the store is being constantly updated and maintained throughout to ensure the highest level of quality.

Fixtures & Fittings

We understand that the fixture and fittings are wholly owned by the owner with the exception of the Coca Cola and Lucozade chillers.

Tenure

The current lease has four years remaining and consent from the landlord that a 10 year extension is available to any incoming tenant. The current rent is £12,500.

The Opportunity

The store has traded in its location for more than 50 years and under the current ownership for the last three years.

Our client is reluctantly selling the business to concentrate on other interests.

Business is derived from traditional convenience sales including tobacco, alcohol, news and magazines, fresh, chilled and frozen foods, ambient grocery products, bread and bakery, hot food, confectionary, snacks and soft drinks.

Bon Bon Convenience represents an outstanding opportunity to acquire a profitable, established convenience store. We believe the business will appeal to existing operators and first time buyers looking for a lifestyle change.

Staff

The business is currently owner run with the assistance of two part time members. Staff numbers are then expanded to deal with the high volume summer trade.

The current owners have a hands on approach and will look to work in the region of 40 hours a week.

Trading Information

We have received accounts to February 2016 which show turnover of £403,238 with a gross profit of £74,905 (18.58%) A wage bill of £41,962 is shown for this period but could be reduced by an incoming purchaser. The business shows an adjusted net profit of c. £20,000 (based on reduced wages).

Trading Hours

Our clients trade the business from 7:15am – 10:00pm, seven days a week


Nearest stations

  • Weymouth (0.1 mi)
  • Upwey (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Exeter

Kings Wharf The Quay, St. Thomas, Exeter, EX2 4AN

01392 799187 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Weymouth (0.1 mi)
  • Upwey (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Exeter

Kings Wharf The Quay, St. Thomas, Exeter, EX2 4AN

01392 799187 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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