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4 bedroom convenience store for sale

Southbourne Grove, Bournemouth, Dorset, BH6

209 sq. m.

Property Description

Commercial information

  • Business for sale
  • 2,249 sq ft (209 sq m)

Key features

  • REF: 1527

Full description

Tenure: Leasehold

Hilton Smythe are delighted to welcome to the market Earth Foods. The business was established over 40 years ago and has been under the careful ownership of our client since 1981, and is genuinely offered for sale as our client looks towards retirement

Earth Foods have been serving the community for over a period of 40 years, during which time the business has established a loyal repeat customer base, not only with local residents but with visitors/holiday makers and with clients further afield.

The business specialises in health related products and services with a dedicated team of long serving staff on hand to give their expert advice on vegan, vegetarian, organic and Fair Trade food, supplements, herbs and spices.

Earth Foods stock organic health foods of almost every description, over 200 varieties including; natural medicines, vitamins, minerals, drinks, natural cosmetics, toiletries and washing up products.

Earth Foods affords an eclectic mix, is a long established, reputable business and offers a wonderful opportunity for potential buyers.

The business is located in stunning Bournemouth.

Bournemouth is a large coastal resort town in the ceremonial county of Dorset. According to the mid-year estimates for 2010 from the Office for National Statistics, the town has a population of 168,100, making it the largest settlement in Dorset. It is also the largest settlement between Southampton and Plymouth. With Poole and Christchurch, Bournemouth forms the South East Dorset conurbation, which has a total population of approximately 467,000.

The principal route to the town centre is the A338 spur road, a dual carriageway that runs broadly east and connects to the A31 close to the Hampshire border. The A31 joins the M27 at Southampton and from there the M3 to London and the A34 to the Midlands and the North can be accessed.

The main road west is the A35 to Honiton in Devon which runs through the South East Dorset Conurbation and continues east as far as Southampton, albeit a non-primary route.

Bournemouth is well served by the rail network with two stations in the town, Bournemouth railway station and Pokesdown railway station to the east.

Earth Foods is situated in a bustling area of Bournemouth, literally surrounded by many hundreds of shops of all descriptions in the vicinity.

This delightful business is perfectly located in close proximity to the magnificent Bournemouth beach and is easily accessible from the A.338 (Wessex Way), sitting on the B3059.

This impressive three storey building is situated within a bustling parade surrounded by a plethora of complementary businesses.

The business is extremely well signed and benefits from the double frontage leading directly on to the busy shopping parade.
Internally, Earth Foods provides an appealing and fascinating shopping experience, created by the reclaimed timber, used for displaying the limitless choice of products for sale, beautifully laid out with shelving on every available wall. Racking is plentiful within the retail area housing the vast selection of goods available at every turn.

Wonderful nooks and crannies display the extensive range of interesting and unusual foods and drinks from around the world, providing a quaint, unforgettable, shopping experience.

The retail area also houses 3 tall glass fronted fridges and 3 glass fronted freezers, plus an additional spare freezer and double fridge freezer for staff to use.

As you enter the shop premises you are immediately struck by the magnificent mezzanine floor, currently used an overflow for foodstuffs and goods.

To the rear of the ground floor lies a built in chiller, there are also purpose built, lock-up storage facilities used for jams, tins and non-perishables.

The basement area is fully racked out and runs the whole length of the shop, again used for cosmetic and household goods storage.

The business benefits from a two car parking area to the rear of the property.

Externally, the premises are well signed from the street.

Above the business premises lies a two storey, 4 bedroom flat, currently let to 4 residents. The flat briefly consists of: large lounge with feature fireplace, carpeted and centrally heated throughout. All four bedrooms proudly exhibit Victorian fireplaces, and once again are fully carpeted.

The kitchen is fully fitted with cabinets, wall units, double sink and houses a washing machine, fridge, freezer and a gas cooker. The bathroom houses bath/shower; sink, along with a separate w.c. and basin all of which have been recently refurbished. In 2012, along with all new wiring, plumbing, double glazing and flooring and a new roof 8 years ago. The rental income is 1,120 every 28 days, which could be increased to generate further income.

We understand Earth Foods was one of the first shops created in Great Britain, specialising in organic food and to this day enjoys an excellent reputation. The business trades ethically, morally and spiritually.

Earth Foods provides an eclectic mix and is a wonderful opportunity for prospective buyers to take over the reins of this magnificent, profitable business.

We are advised the business is Leasehold.

We are advised the lease is ongoing.

Rent is 16.600 per annum.

The business operates:

Monday to Saturday 9.00 am to 6.00 pm

The business is owner run and managed with the assistance of 4 part time assistants.

The business reports a healthy turnover of 325,000 per annum and climbing.

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