Leasehold Convenience Store/Off Licence For Sale

Business description

Bag a Business is delighted to offer for sale Costcutter supermarket. The business was established over 40 years ago and has been in our client's careful ownership since 2007. The sales area was refitted to a high standard in 2003. The business is surrounded by residential areas, providing an excellent customer base, along with many retail and industrial estates close by, including Tower Park, with its UCI cinema complex, Wallisdown Road and West Howe Industrial Estates. Costcutter supplies a wide range of goods, including frozen foods, dairy products, newspapers and magazines, fresh bread, fruit and vegetables and general household goods, as well as being an off-licence. The off-licence offers excellent potential to expand the business, as our client does not currently market this side of the business. The business benefits from a large self-contained three-bedroom flat, which could be used as living accommodation or rented out to provide further income. This is an excellent opportunity to acquire a successful business, in a much sought after location and as such early viewing must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 20 years
Remaining length: 11 years
Review every: 3 years
Rent: £24,000 per annum

Living accommodation:

PROPERTY DETAILS A two-storey, detached property occupying a prime corner site offering 1,700 ft.ý of retail space. GROUND FLOOR 3 central aisle display units Racking and shelving to suit trade Chiller cabinet for dairy products 2 greeting card racks 2 ice cream freezers 2 open fronted drink display chillers 2 chillers for alcoholic drinks ATM cash machine Sales counter with two electronic cash registers, Lottery terminal, Pay Point terminal and cigarette gantry and spirits display behind Large storeroom which could be incorporated to provide an in-store bakery or extend the off-licence Further storeroom with office area, walk-in chiller, secure store for alcohol and tobacco and seven camera CCTV system FIRST FLOOR Large self-contained, three bedroom flat EXTERNAL Secure yard and shed, double garage and double security gates Dedicated parking for 6 - 8 vehicles to the side Security shutters to shopfront

Location:

Costcutter supermarket is located on a highly visible, corner position on Belben Road, on the Poole/Bournemouth border. The A348 is one of the main link roads between the two towns, and serves as the main holiday route during the summer months. Costcutter is situated in the Alderney area of Poole, which is densely populated and has several retail and industrial parks nearby. Poole is one of the most sought-after towns in the country, in which to live, due to its location on the Jurassic Coast World Heritage Site, as well as having the second largest natural harbour in the world, making it a mecca for watersports enthusiasts. Poole enjoys excellent transport links with the A35 south west link road, the A31, M27 and M3, which are all within easy reach.

Other information

Trading hours:

7 days a week: 6.30am - 8.30pm