Premier, 334a Commercial Road, Portsmouth, PO1 4BT

Guide price

£175,000

Size

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Tenure

Leasehold

EPC

Parking

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Primary use
Convenience store
Frontage
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Key features

  • Advised weekly sales c. £10,000
  • Newly fitted-out store
  • Busy location
  • New lease available, no staff to transfer
  • Lock up retail unit
  • Energy Rating D
  • Annual rent: £24,000
  • Christie & Co Ref: 3818352

Description

Description

This well presented Premier branded convenience store has been established for one year and has rapidly built a loyal customer base within the local community. The shop is arranged to a high standard, with modern shelving, refrigeration units, and point of sale branding consistent with Premier’s national retail image.

The business offers an extensive range of convenience products, including everyday groceries, chilled and frozen items, confectionery, soft drinks, tobacco, snacks, household goods, newspapers, and general provisions.

Location

The business occupies a strong trading position just off Commercial Road, one of Portsmouth’s principal retail thoroughfares and the city’s main shopping destination. Commercial Road forms part of Portsmouth’s central commercial district, linking key destinations such as Cascades Shopping Centre, Portsmouth & Southsea Railway Station, and the surrounding residential neighbourhoods. The store benefits from excellent visibility to both pedestrians and passing traffic, with multiple nearby bus routes enhancing accessibility for customers. The surrounding area is densely populated, supported by a strong mix of students, professionals, families, and visitors.

Fixtures & Fittings

We are advised the majority of the fixtures and fittings are included in the sale.

The Opportunity

Weekly turnover is approximately £10,000, the business remains relatively young, presenting numerous opportunities for a new operator to enhance its performance. Potential growth areas include the introduction of food to go lines, parcel collection services, expansion of the product range, or additional services.

With no staff to transfer, the store is ideally suited to an owner operator or a family team looking to take on a manageable and profitable retail unit. The premises are offered on a new lease with terms to be agreed, providing flexibility for the incoming operator to tailor their approach.

Staff

No staff to transfer upon the sale, providing a clean operational start for the incoming operator.

Trading Information

No accounts are available as the business has not operated long enough. Epos data is available subject to request.

Trading Hours

Monday - Sunday: 7:00am - 10:00pm

Tenure

Available by way of a new lease, with terms to be agreed with the landlord.

Business Rates

The owner currently pays £453 per month

Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
Yes
Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: C

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Premier, 334a Commercial Road, Portsmouth, PO1 4BT

NEAREST STATIONS

National Rail

Portsmouth & Southsea Station

0.47 miles

National Rail

Fratton Station

0.81 miles

National Rail

Portsmouth Harbour Station

1.04 miles

About Christie Owen & Davies Ltd, Retail

Christie Owen & Davies Ltd, Retail

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work
We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services
We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick
Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

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Disclaimer - Property reference 3818352-lh. 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 Christie Owen & Davies Ltd, Retail. 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.