The business combines convenience grocery retailing with fresh meat and professional butchery services, operating from a substantial, professionally fitted retail unit.
The business occupies a prominent position within Southampton City Centre, benefiting from a strong mix of national retailers, independent businesses, restaurants, cafés and service operators, providing exposure to local residents, workers, students, shoppers and visitors.
The premises are conveniently located close to major city-centre destinations including Westquay Shopping Centre and The Marlands, further enhancing the potential customer catchment.
The existing leaseholders have reportedly invested in excess of £350,000 in establishing and fitting out the business. However, due to personal reasons, they have now decided to dispose of the business at an asking premium of £200,000 equivalent to approximately 43% below the reported original investment.
LEASE & PROPERTY TERMS
Annual Rent: £64,000 VAT
Lease Term: 15 years, Non-Renewable — November 2025 to November 2040
Service Charge: £183.97 from Nov 25 - Apr 26
Rent Reviews: Every 5 years
Break Clauses: 2030 and 2035 — Tenant Only
Business Rates: Currently under assessment by the local council
PROPERTY & PREMISES
The accommodation provides approximately:
Ground Floor: 1,249 sq ft (116 sq m)
Basement: 980 sq ft (91 sq m)
Total: 2,229 sq ft (207 sq m)
The tenant also benefits from access to circulation and delivery areas to the rear, providing useful operational and delivery access.
SALES & TRADING INFORMATION
Average Weekly Sales: £10,800
Annualised Sales: Approximately £561,600
The reported sales figures relate to the initial trading period following the launch of the business and are provided as an indication of early trading performance.
The annualised figure has been calculated from the reported average weekly sales and does not represent a full year's historical turnover.
FOOD COST & GROSS MARGIN
The franchisor's commercial model is based on an expected Cost of Goods Sold (COGS) of approximately 60%, corresponding to an indicative Gross Margin of approximately 40%.
Actual margins will vary depending on product mix, supplier pricing and trading strategy.
DELIVERY PLATFORMS
The business is also positioned to develop its delivery and online sales operation through:
Uber Eats
Deliveroo
Hungry Panda - Onboarding is currently being finalised.
STAFF
The current staffing structure comprises:
Full-Time Butcher
£130 per day — approximately £47,450 per annum
Full-Time Shop Assistant
£80 per day — approximately £29,200 per annum
Existing staff may be available to transfer, subject to agreement with the purchaser.
Annual wage figures are calculated on the basis of 365 days and are provided for indicative purposes only.
UTILITIES & OPERATING COSTS
Electricity: Approximately £30,000 per annum
Business Insurance: Approximately £1,200 per annum
Purchasers should undertake their own assessment of all operating costs as part of their due diligence.
HIGH-QUALITY FIT-OUT
The premises have been comprehensively fitted out to create a modern, attractive and professionally presented supermarket and specialist butcher.
The existing fit-out includes:
Large purpose-built fresh meat display counters
Fully fitted Halal butcher section
Professional fresh-meat preparation facilities
Extensive grocery and ambient shelving
Multiple large commercial frozen-food display freezers
Refrigerated drinks display
Commercial cold-room/storage facilities
Modern checkout and EPOS system
Digital display/menu screens
Commercial refrigeration throughout
Air-conditioning
Extensive ventilation/extraction systems
Substantial shelving, counters and shop fixtures
Modern marble-effect tiled flooring
Contemporary feature lighting
High-quality customer-facing retail finish
Existing branded supermarket presentation
REASON FOR SALE & INVESTMENT OPPORTUNITY
The existing leaseholders have reportedly invested in excess of £350,000 in establishing and fitting out the business, creating a fully operational, high-quality supermarket and specialist Halal butcher.
Due to personal reasons, the existing leaseholders have now decided to dispose of the business and are offering the opportunity at an asking premium of £200,000 equivalent to approximately 43% below the reported original investment.
The opportunity is particularly suited to an experienced supermarket, convenience-store or Halal butcher operator looking to establish or expand within Southampton City Centre.
FURTHER INFORMATION & VIEWING
A Non-Disclosure Agreement must be signed and proof of funds provided prior to booking a viewing.
IMPORTANT INFORMATION
All sales, turnover, cost and operational information has been provided by the vendor and/or franchisor and has not been independently verified.
The annualised sales figure is based on the reported average weekly sales and should not be interpreted as historical annual turnover or guaranteed future turnover.
Prospective purchasers are strongly advised to undertake their own independent due diligence, including verification of details before proceeding with any transaction.
