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Convenience Store for sale

Wimborne Road, Bournemouth, Dorset, BH9

97 sq. m.

Property Description

Commercial information

  • Business for sale
  • 1,044 sq ft (97 sq m)

Key features

  • REF 13246

Full description

Tenure: Leasehold

The business is located in the large coastal town of Bournemouth, Dorset.

Bournemouth 360 Mini Market occupies a prime trading position within the main retail area of the town, surrounded by a plethora of independent and high street retail outlets, eateries and town centre amenities ensuring a heavy and constant footfall throughout the day. With business derived from local residents and businesses and the honeypot of tourists visiting this vibrant holiday resort. The business is also a short distance from Bournemouth University Campus.

The business benefits from on street parking directly to the front with bus stops within easy walking distance and bus services running regularly throughout the day. The area is served by several A roads and mainline railway line.

Hilton Smythe welcomes to the market Bournemouth 360 Mini Market. Established in 2014 by our client, this family run business is Bournemouth's primary Halal butchers and convenience store.

The store is very well stocked with a vast array of produce including fruit and vegetables, frozen products, tinned produce, groceries and much more. The store is a certified halal meat retailer with the high-quality produce locally sourced and run by an experienced team. The store also provides a range of mouth-watering halal curries.

According the 2015 accounts the business reports a very healthy turnover of 200,000 with gross profit at circa 23%. The store sees a high amount of repeat trade from local residents and further benefits from wholesale trade with local restaurants and trade from tourists.

We believe there is the potential to increase profit, perhaps by offering a delivery service and increasing trade with local businesses. The business has a comprehensive website giving further information about the business and daily offers.

We would highly recommend early viewing of this turn key business which genuinely comes to the market due to our client's other business commitments.

Mid parade premise briefly comprising: -

Vibrant canopy cover and fruit and vegetable display to the front.

The retail area comprises of floor to selling shelving, ATM, 8 camera cctv, 4 glass topped freezers and large open chiller. Serving counter to the front of the retail area.

Glass fronted chilled Halal butcher counter, butchers block, meat slicer and scales. Behind the counter are 3 walk in chillers.

Rear kitchen and store room.

We are advised leasehold.

Rent is 14,000 per annum.
The original lease length is 10 years, as of 2016, 7 years remain on the lease.

The business opens 7 days a week. 9.00am to 9.00pm.

The business is run and managed by two business partners with the assistance from family and 2 full time members of staff.

According the 2015 accounts the business reports a very healthy turnover of 200,000 per annum.

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