Convenience Store for sale

Brockenhurst, Hampshire, , SO42

£49,995

Property Description

Commercial information

  • Business for sale

Key features

  • Ref:B05569
  • Leasehold

Full description

Business
Hilton Smythe are delighted to present to the market Mike 2 Go, a thriving convenience store offering drinks, snacks and more! Established in its current model by our client over 20 years ago, who is now reluctantly selling due to his wish to now retire.


The business is the only of its type on the station and therefore any new buyer will be purchasing a business with instant footfall and turnover.


The station is managed by South Western Railway, who are keen to work with any new owner to improve the design of the unit to help develop the business further. Currently the business offers the following range of goods -


  • Newspapers, magazines and essential stationery items
  • Large range of confectionery, crisps, bagged sweets, cans & bottles of cold drinks
  • Greeting cards, books, batteries, local guides and cigarettes
  • Ice creams & lollies (including locally sourced New Forest ice cream products)
  • Biscuits, muffins, flapjacks, pain au chocolate and porridge pots
  • Coffees, teas, soups and freshly made sandwich packs
  • Pasties, prepacked burgers, hot bacon rolls

Our client currently combines a mixture of local deliveries from Walkers, Batley’s and Smith’s news as well making his own freshly made sandwich packs using local produce.


In our opinion, this is a once in a lifetime business opportunity which still offers many areas of further growth. We recommend any new owner investigates any of the following areas to increase current turnover levels -


  • Re-modernise the layout and shop front to allow a more customer friendly service area
  • Work with South Western Railway to look at ways to expand the current unit to potentially add a sit-down cafe space
  • Increase the freshly made sandwiches and snack ranges
  • Add a range of alcohol choices
  • Improve the current coffee range by adding a new bean to cup freshly ground coffee machine
  • Increase the range of locally sourced and made products
  • Extend the current opening hours
  • Add a more children friendly menu option
  • Add a packed lunch to go option (ideal for the high number of walkers who visit the area)

We strongly advise early viewing of this business to avoid disappointment.



Location
Mike 2 Go occupies a highly enviable trading position on Platform 2 at Brockenhurst Mainline Train Station at Brockenhurst in Hampshire.


This is the only ‘Grab & Go’ convenience/coffee/snack business located on the station and therefore commands 100% of the needs of the travellers, both tourist and commuter customers.


Brockenhurst is a key station linking both local stations such as Lymington Pier, Bournemouth, Weymouth and Poole to further north stations such as London Waterloo and Manchester Piccadilly.


The New Forest is one of the largest remaining tracts of unenclosed pastureland, heathland and forest land in Southern England, covering southwest Hampshire and southeast Wiltshire.


Brockenhurst itself, is the largest village by population in the New Forest, located 13 miles North-east to Southampton and just 15 miles South-West of Bournemouth. Surrounding towns and villages include Beaulieu, Lymington, Lyndhurst and Sway.


There is a large pay and display customer car park located directly outside the station.



Premises
  • Confectionery and snack shelving units
  • Glass fronted drinks and sandwich fridge
  • Greeting card and book display stands
  • Fixed counter which includes more confectionery display, coffee machine, till and card machine
  • Rear cigarette gantry, shelving units, microwave




Tenure
The business operates on a rolling 3-year lease agreement with South Western Railway with 1 year remaining in the current term, paying just £15,200 per year. The business benefits from full small business relief on the current business rates.



Hours
MONDAY TO FRIDAY - 5.30 am to 5pm


SATURDAY - 7.00 am to 5 pm


SUNDAY - 9.00 am to 5pm



Staff
The business is run and managed by our client with the help of 2 x part time members of the team also.



Financial Profile
The business will generate a 2018/2019 Turnover from accounts in excess of £130,000 with an adjusted net profit of £20,000.




Nearest stations

  • Brockenhurst (0.0 mi)
  • Sway (2.7 mi)
  • Beaulieu Road (4.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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

  • Brockenhurst (0.0 mi)
  • Sway (2.7 mi)
  • Beaulieu Road (4.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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.

Disclaimer - Property reference B05569. 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 Hilton Smythe, Bolton . 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.

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