Premier, 334a Commercial Road, Portsmouth, PO1 4BT
Size
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Tenure
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Parking
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- Primary use
- Convenience store
- Frontage
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Key features
- Advised weekly sales c. £10,000
- Newly fitted-out store
- Potential for 24 hour licence
- New lease available, no staff to transfer
- Lock up retail unit
- Energy Rating D
- Annual rent: £24,000
- Christie & Co Ref: 3818352
Description
This well presented Premier branded convenience store has been established for one year and has rapidly built a loyal customer base within the local community. The shop is arranged to a high standard, with modern shelving, refrigeration units, and point of sale branding consistent with Premier’s national retail image.
The business offers an extensive range of convenience products, including everyday groceries, chilled and frozen items, confectionery, soft drinks, tobacco, snacks, household goods, newspapers, and general provisions.
The business occupies a strong trading position just off Commercial Road, one of Portsmouth’s principal retail thoroughfares and the city’s main shopping destination. Commercial Road forms part of Portsmouth’s central commercial district, linking key destinations such as Cascades Shopping Centre, Portsmouth & Southsea Railway Station, and the surrounding residential neighbourhoods. The store benefits from excellent visibility to both pedestrians and passing traffic, with multiple nearby bus routes enhancing accessibility for customers. The surrounding area is densely populated, supported by a strong mix of students, professionals, families, and visitors.
Fixtures & FittingsWe are advised the majority of the fixtures and fittings are included in the sale.
The OpportunityWeekly turnover is approximately £10,000, the business remains relatively young, presenting numerous opportunities for a new operator to enhance its performance. Potential growth areas include the introduction of food to go lines, parcel collection services, expansion of the product range, or additional services.
With no staff to transfer, the store is ideally suited to an owner operator or a family team looking to take on a manageable and profitable retail unit. The premises are offered on a new lease with terms to be agreed, providing flexibility for the incoming operator to tailor their approach.
No staff to transfer upon the sale, providing a clean operational start for the incoming operator.
Trading InformationNo accounts are available as the business has not operated long enough. Epos data is available subject to request.
Trading HoursMonday - Sunday: 7:00am - 10:00pm
TenureAvailable by way of a new lease, with terms to be agreed with the landlord.
Business RatesThe owner currently pays £453 per month
- Service charge
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- Business rates
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- Use class
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- Listed building
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- Business for sale
- Yes
- Tenure
- Leasehold
- Length of lease
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Premier, 334a Commercial Road, Portsmouth, PO1 4BT
About Christie & Co, Retail
Established in 1935, Christie & Co has more than 90 years of specialist business and property expertise. From buying and selling to valuations, consultancy and capital markets, our specialists support clients throughout the business and property lifecycle.
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Disclaimer - Property reference 3818352-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.