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#Business ID: 13294

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Bhuller Stores, Basingstoke

Business Location: Basingstoke, Hampshire, England

Asking Price: £ 130,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Falcon Commercial is delighted to offer for sale this busy Convenience Store which was established many years ago. It is now reluctantly being offered to the market as the vendor wishes to retire.

Bhuller Stores which is in Basingstoke enjoys an all year round trade and has a turnover in the region of £400,000 per year with a healthy average gross profit margin which is generated from the sale of newspapers and magazines, confectionery, crisps and snacks, alcohol, soft drinks, tobacco products, bottled gas and groceries. Additional income of approximately £3000 per week is generated from Lottery sales, Payzone as well as international calling cards. The business has built up an excellent reputation in the local area for its friendly service, competitive prices and range of products stocked.

We feel that this opportunity which has no direct competition represents an ideal base on which to build upon possibly by extending the sales area and maybe the opening hours. Early negotiations with Falcon Commercial are recommended.

Premises Details

Bhuller Stores occupies a prominent highly visible position there is ample on street customer car parking. The well-presented premises benefits from an 8 camera CCTV system with 2 monitors, burglar alarm and electronic security shutters. It briefly comprises:

Ground Floor

Bright, modern well fitted retail unit with suspended ceiling and metal edge shelving to the walls and centre islands. Large refrigerated dairy deck display unit, glass fronted refrigerator, glass fronted freezer and 2 ice cream freezers.
Store room with racking to walls.
Kitchen containing a range of eye level and base units. Stainless steel sink
Shower room with shower cubicle
Office
Rest room/Lounge
Trading Hours

5.30am – 8.00pm Monday – Saturday
6.30am – 6.00pm Sunday

Tenure

The business is offered with the benefit of a new lease (rent iro of £15,000 per year) which is to be negotiated with suitable applicants.

Property Details

Property Type:

Lease

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