10/31/2018 | Retail

Exciting retail business opportunity awaits in Southampton

Specialist business property adviser, Christie & Co has brought to the market a Costcutter branded convenience store, situated on a busy shopping parade in the Hampshire city of Southampton.

Having recently undergone a high specification refit with modern fixtures and fittings, this large double fronted store offers a very upmarket shopping experience with its well laid out shelving and refrigeration units offering a wide range of goods, including newspapers and magazines, snacks, alcohol, tobacco and general household products.

Located in a prime residential setting, the store is also situated near Regents Park Community College, and primary schools, Mason Moor and Tanners Brook, benefitting from strong levels of passing trade. The store provides great potential to increase sales by introducing more product lines, including fresh and hot food offerings.

Tom Glanvill, Senior Business Agent at Christie & Co’s Winchester office is handling the sale and comments, “I am very excited to bring this recently refurbished and refitted Costcutter to market. The current owners have built a strong business with potential for further growth. Situated in an excellent trading position, close to commercial and residential areas in Southampton, there is a large customer base and plenty of passing trade. This property will appeal to regional and corporate operators alike.

“The convenience store market continues to be very busy with single operators, regional and corporate operators actively looking for new acquisitions, so we expect strong levels of interest in this business.”

Christie & Co is seeking £99,000 for the leasehold interest of the property.