This well-established newsagent and off-licence is prominently located on the busy and prosperous Blatchington Road in Hove, a vibrant thoroughfare served by multiple bus routes and just a short walk from Hove’s mainline train station. Surrounded by a densely populated residential area comprising both flats and family homes, the business benefits from consistent local trade and strong footfall. The shop offers a wide and comprehensive range of products, including tobacco, alcohol, newspapers and magazines, fresh produce, confectionery, stationery, lottery services and PayPoint facilities. Parking is conveniently available on the street, making it easily accessible for customers. Successfully operated by the current owner and their family since 2005, this long-standing business has built an excellent reputation in the community. Now offered for sale due to retirement, it represents an exciting opportunity for a new owner to take over a thriving and well-positioned business. There is also clear scope for growth, with opportunities to expand the retail space by converting the internet room at the rear, introduce new product lines, or extend opening hours to capture additional trade. With its prime location and strong foundations, the business offers significant potential for further development.
- Asking Price:
- £59,950
- Turnover:
- £156,000
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The premises is held on a full repairing and insuring lease, which has approximately 3 and half years unexpired at a current rent of £14,000 per annum
- Location:
-
This well-established newsagent and off-licence is prominently located on the busy and prosperous Blatchington Road in Hove, a vibrant thoroughfare served by multiple bus routes and just a short walk from Hove’s mainline train station. Surrounded by a densely populated residential area comprising both flats and family homes, the business benefits from consistent local trade and strong footfall.
- Premises Details:
-
This well-appointed newsagent and off-licence is thoughtfully laid out to maximise customer convenience. On entry, a large serve-over counter is positioned to the left, with the tobacco display located behind. To the right, customers are greeted by a self-serve coffee machine and a spacious upright open chiller, ideal for drinks and fresh food. The central and rear areas feature well-stocked shelving on both sides, showcasing alcohol, stationery items such as greeting cards, and daily newspapers. Additional amenities include a photocopying machine for customer use. At the very rear of the premises is a separate room currently operating as a public internet suite with six terminals. This flexible space offers potential for conversion into an expanded retail area or additional storage, depending on the new owner’s needs. Adjacent to this is a storeroom with a kitchenette and toilet facilities, providing practical back-of-house functionality. The premises are equipped with CCTV and a full alarm system for security. To the rear, there is an additional storeroom that includes an approved fire-resistant storage facility for fireworks.
- Planning Consent:
-
ALCOHOL LICENCE: licence number - 1445/3/2005/03636/LAPREN
- Energy Performance Rating:
- C
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Retirement
- Trading hours:
-
5am to 7pm (Monday-Saturday) and 5am-5pm on Sunday at present.
- Employees:
- part time staff and family
- Years established:
- 40
