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Shining Opportunity: Established Retail Business With Prime Location! For Sale

Portsmouth, Hampshire, UK
Asking Price:
£49,995
Turnover:
£265,288
Net Profit:
Undisclosed

CoGoGo presents an established retail business generating £265,000 in turnover and benefiting from a prominent position with strong visibility and footfall.

The Gold Centre is currently operated by a limited company as part of a wider chain, with this individual location now being offered as a standalone sale. The opportunity provides a new owner with an established retail operation and the flexibility to continue or further develop the business.

The premises are arranged over three floors, with retail space on the ground floor, a staff room on the first floor and storage facilities with a WC on the second floor. The premises also benefit from an alarm system and professional lighting. Fixtures and fittings valued at approximately £50,000-£60,000 are included in the sale, while stock and display cabinets are available as optional additons.

Financial Profile

This business generated a turnover of £265,000. Full financials can be made available upon request.

Property Information

Property:

Leasehold

Location:

The Gold Centre is located at 248d Commercial Rd, Portsmouth PO1 1HH.

Premises Details:

The property comprises:
Ground Floor: Retail space with fittings and fixtures in place.
First Floor: Staff room.
Second Floor: Storage area and WC.

Business Operation

Trading hours:

The current trading hours are:
Monday to Saturday - 9:30 am to 5:30 am

Sunday - 11:00 am to 4:00 pm

Employees:
This business is run and managed by our client.