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Popular Off Licence Convenience In Hove For Sale

Hove, East Sussex, UK
Asking Price:
£75,000
Turnover:
Available on request
Net Profit:
Available on request

This very popular off licence and convenience store is located in central Hove and close to Western and Church Road. This area of Hove is very busy throughout the year and benefits from a high footfall of residents, visitors to the area and people working in the nearby offices. The surrounding area is in an affluent residential setting with a mix of houses and flats, and is still only a 20-minute walk to the centre of Brighton. The vendor has only decided to sell so that he can focus on his other business opportunities. The off-licence and convenience store stock a wide range of products, such as tobacco, alcohol, dry goods, confectionary, etc. This is a fantastic opportunity to buy a fully trading business, which the purchaser will benefit from immediately and would be ideal for an owner operator. There are substantial areas of growth for the business which include offering local deliveries.

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on a full repairing and insuring 20-year lease, at a current rent of £20,000 per annum. Rent reviews are due to take place every 5 years.

Location:

This very popular off licence and convenience store is located in central Hove and close to Western and Church Road. This area of Hove is very busy throughout the year and benefits from a high footfall of residents, visitors to the area and people working in the nearby offices. The surrounding area is in an affluent residential setting with a mix of houses and flats, and is still only a 20-minute walk to the centre of Brighton

Premises Details:

: The off licence and convenience store is located within a newly fitted premise and is located in central Hove. The premise has recently been fully refurbished with new upright chiller display cabinets, shelving and central gondola’s being installed. In addition to this the vendor also installed phase 3 electricity, air conditioning and CCTV. The off licence also has the benefit of a large basement which is used as a stockroom and includes the staff toilet. The store has the benefit from on street parking and also a nearby temporary parking bay, which is ideal for customers to use.

Planning Consent:

Permitted to sell alcohol every day from 8am-11pm Monday-Saturday and 9am-10:30pm on Sundays, for consumption off the premises.

Energy Performance Rating:
C

Business Operation

Reasons for selling:

other business interesets

Trading hours:

seven days a week 10am-10pm

Employees:
1

Other Information

Support & training:

yes

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