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Convenience Store In Southwick For Sale

Southwick, West Sussex
Asking Price:
£99,950
Sales Revenue:
£494,000
Cash Flow:
Available on request

The convenience store is located in a densely populated area of Southwick, and benefits from a high footfall of pedestrians. The business has been established since 2005 and only now comes to the market due to the vendor’s wish to retire. In the surrounding area there are a number of retail and catering premises, making this a thriving parade of shops serving the local community. The convenience store stocks a wide range of items, including tinned and frozen produce, fresh sandwiches, a range of alcohol, tobacco, traditional confectionary jars and stationary. They also offer the lottery and Paypoint to customers.

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on a full repairing and insuring lease, which has approximately 5 years unexpired at a current rent of £12,345, per annum, exclusive.

Leasehold Rent:

£12,345 per annum

Location:

The convenience store is located in a densely populated area of Southwick, and benefits from a high footfall of pedestrians.

Premises Details:

The business occupies a double fronted unit on a popular parade of shops in Southwick Square. The convenience store benefits from easy access to on street parking and with a large pay and display car park only a short walk away. Within the store there is a large retail space with a number of central display gondolas, a modern service counter, smart wine and spirit display shelving, modern lighting, a number of open view frozen food display chest cabinets and upright drinks chiller cabinets throughout the retail space. To the rear of the premises is a storeroom with shelving and access to the staff WC’s with fitted wash hand basin.

Planning Consent:

Off Licence retail

Business Operation

Reasons for selling:

other interests

Trading hours:

trades 7 days a week, 7am-10pm, Monday –Saturday and 7am-9pm on Sundays.

Employees:
3 full time staff and management
Years established:
13 years

Other Information

Support & training:

yes

Contact Information

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