Hampshire Award Winning Independent Fine Food Retail Shop For Sale

Business description

LOCATION
Furlong Centre approx. 275 yards. Central Shoppers Car Park approx. 275 yards. Bournemouth approx. 13 miles. Salisbury approx. 17 miles. Southampton approx. 21 miles.

FEATURES
Award winning independent fine food retail shop. Established for 4 years. The premises have been refurbished to a high standard in current ownership. The business offers a large selection of quality fine foods, gifts, preserves and olives. Scope for business development.

SUMMARY OF ACCOMMODATION
Retail Shop (approximately 45 sq m trading area). Kitchen. Storage Area. Owners Cloakroom. First Floor Storage.

TRADING & BUSINESS
The full time owner operates the business with part time staff as required and trades 9.00am until 5.30pm, 6 days a week from Monday to Saturday inclusive. In the high season (summer and Christmas) the business also operates on Sunday’s. The business offers a range of quality foods including Mediterranean country and farm preserves, olives, vinegars, cheeses, meats, pastas, coffee, teas and cakes. The owner has supplied us with accounts which demonstrate that the turnover in the year ending 31st March 2011 was £121,327 excluding VAT.

Property information

Property:

Leasehold

Lease terms:

LEASEHOLD. The owner informs us that the premises are held under an original 10 year lease from 2007 at a current rent of £11,750 per annum, with 5 yearly rent reviews. We have not had sight of this lease documentation.

Leasehold rent:

£11,750 per annum

Location:

Furlong Centre approx. 275 yards. Central Shoppers Car Park approx. 275 yards. Bournemouth approx. 13 miles. Salisbury approx. 17 miles. Southampton approx. 21 miles.

Premises details:

Retail Shop (approximately 45 sq m trading area). Kitchen. Storage Area. Owners Cloakroom. First Floor Storage.