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Convenience Store, Deli and Off Licence Based Centre Bournemouth, Dorset
Weekly 2019 excess £13k and growing
Lock up store with good lease terms
Located on a busy main route, scope to expand.
Reference - 47656
Description An ideal opportunity to acquire the anj Off Licence, a convenience store and off licence with the addition of a Deli, located in the heart of Bournemouth.
Situated in the centre of the community on a busy through road, the store is ideally located to supply the local area and has a large and growing customer base.
The front of the store has on road parking for many vehicles, making it ideal for traffic passing by to stop. The business is located in the centre of a parade of shops and is lock up with security shuttering, CCTV and alarm. The ground floor hosts the store of approximately 49sqm and has flats above. The store is bright and modern with an additional storeroom which could be utilised to increase the store size.
The business supplies locals and passers-by with all aspects of general convenience goods including cigarettes, medicines, lottery, pay point, alcohol and has a selection of hot and cold foods via the deli to the rear of the store.
The store is renowned for its large stock and variety of alcohol, and for its offerings of hot and cold food and drinks.
The store is currently run by the vendors and up to four staff members, and is only being offered for sale due to the vendors now wishing to purchase a larger store on a freehold basis.
The current vendors have enjoyed the last 8 years running the store, which has been established upon the site for over 40 years.
The store currently has a turnover of some £12,000 pw and has true potential to grow. This offers the potential to increase the turnover as required.
With excellent scope to increase turnover and profitability, the business offers a true opportunity to someone wanting to relocate and have a lifestyle business, with the potential to increase both turnover and profitability.
Also ideal for a seasoned operator wanting a change.
Sales Currently shop sales average £13,000 per week approximately. (Inc Paypoint)
We were advised by the seller on 04/05/2021 that he has also been doing Deliveroo for 15 days and sales are £2000 for this period.
Accounts Current records and accounts can be inspected when viewing.
Trading Hours Monday – Sunday 08:00am – 03:00am
Staff Managed and operated by the owners with up to 2 part time staff members and 1 full time. At time of writing no staff are subscribed to a pension scheme.
Building External The property is located in the heart of St Michaels main road and is a brick constructed early 1900’s parade property of 3 floors under a tiled roof.
The store is approximately 49sqm and occupies the ground floor as a lock up business.
Above is 2 flats owned by the same landlord and could possibly be available by separate negotiation.
The front of the store is made from a double fronted UPVC window and door arrangement with overhead security shuttering electrically operated.
Building Internal The store is accessed by the centrally placed UPVC door.
The shop is sympathetically renovated throughout and is additionally supported in this modern look with the inclusion of a suspended ceiling and fluorescent lighting and air conditioning.
There is an exceptional array of shelving both fixed and freestanding with a new counter to the Right and a deli to the rear of the counter.
In recent times 2 of the main display fridges have been replaced.
The interior further benefits from the addition of a new alarm system and CCTV system.
There is an additional rear storeroom, small kitchen area and a staff WC.
Additional storage has been made under the stairs.
Residential Accommodation There is currently no residential accommodation included within the business, however we are advised that the 2 flats above are owned by the same landlord and the possibility exists to potentially lease a flat by separate negotiations with the landlord.
Tenure We are advised that the property is held upon a leasehold basis with an additional 16 years of the current lease remaining. Current rental is at £830 pcm and the business is exempt from business rates.
Summary anj Off Licence and stores is a delightful family run business that is ideally located and supported by the communities within the vicinity.
Offering a lifestyle change to new owners, while still offering scope to the seasoned operators.
Viewing is essential to fully appreciate the quality of the store.
For more information about this property, please contact Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)
Contact Kings Business Transfer about this property
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