Convenience Store for sale

Bargain Booze, 56 Elm Grove, Southsea, Hampshire, PO5 1JG

Guide Price £60,000

Property Description

Commercial information

  • Business for sale

Key features

  • Advised weekly core sales of c.6,000
  • Good high street location
  • Lock up leasehold shop
  • Net internal area 724 sqft
  • Open seven days per week
  • Energy Rating C

Full description

Tenure: Leasehold

Description

Currently trading as a Bargain Booze off licence and convenience store, it is an ideal business for a first time buyer or experienced operator.

With advised weekly sales of c.£6,000 plus commissions, there is an opportunity to grow the business and capitalise on the expanding convenience market; perhaps by adding popular and profitable hot food and coffee to go.

Location

The shop is extremely well located on the busy Southsea high street. It is just a short walk from the seafront and a range of local department stores.

Southsea is an attractive location for any business with its excellent transport links (including major motorways and numerous local train stations), as well as a large local residential population providing constant footfall and custom.

Internal Details

A large retail area equipped with modern shelving, refrigeration units, EPOS system and tiled floor.

To the rear is a stock room and staff toilet.

The Opportunity

The business is well situated and has a good local customer base.

As an established small business, it provides an ideal opportunity for those individuals or multiple store operators in the market for a manageable and profitable business.

There is scope to increase the range of goods and services provided to increase revenue.

Trading Information

With average weekly sales in the region of £6,000, low rent and 100% small business rates relief, this is a profitable small business.

Trading Hours

11am-11pm, seven days per week.

Business Rates

The Rateable Value is £8,200 but currently enjoys 100% small business rates relief.

Regulatory

Premises Licence.


Nearest stations

  • Portsmouth & Southsea (0.6 mi)
  • Fratton (0.8 mi)
  • Portsmouth Harbour (0.9 mi)
Distances are straight line measurements from centre of postcode

Floorplans

Map & Street View

Nearest stations

  • Portsmouth & Southsea (0.6 mi)
  • Fratton (0.8 mi)
  • Portsmouth Harbour (0.9 mi)
Distances are straight line measurements from centre of postcode

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