Cornucopia, 33 Osborne Road, Southsea, PO5 3LR
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. £18,000
- Retirement sale
- Established business with loyal customers
- High Street location
- Lock up retail unit with office above
- Energy Rating D
- Annual rent: £21,600
- Christie & Co Ref: 3818346
Description
Cornucopia is a licenced convenience store located moments from the sea front in the heart of Southsea, Hampshire. The store was set up 20 years ago by the current owners and has been trading successfully ever since. There has been a convenience store at this location for the last 50 years. Due to retirement the business is now available for sale. The current advised weekly sales are c. £18,000.
LocationSituated in the heart of vibrant Southsea, this convenience store benefits from a bustling coastal community and strong year-round footfall. Just moments from the seafront and surrounded by popular cafés, independent retailers, and residential streets, the location offers excellent visibility and accessibility. Southsea’s mix of locals, students, and tourists creates a dynamic customer base, ensuring consistent trade and growth potential. With easy transport links and ample nearby parking
Internal DetailsThe retail area measures c. 77.35 sqm. Behind the retail space is a store room/office, w.c and kitchenette. There is an outside courtyard to the rear with additional storage and side access to the front.
Other FloorsIn addition to the shop there is a separate office with its own entrance. Details on floorplan.
Fixtures & FittingsThe majority of fixtures and fittings are owned outright and will be included in the sale.
The OpportunityThis is great opportunity to take over a thriving established convenience store. The new owners could add new product lines and expand with a delivery service and food to go offerings.
StaffThree full time members of staff.
Trading InformationAccounts YE Sept 2024
Turnover £896,271 (ex VAT)
Further Accounting information available on request
Monday - Thursday 6am -11pm
Friday - Saturday 6am -12 midnight
Sunday 6am -11pm
The existing lease is due to expire on 16th March 2027. We are advised the landlord may consider a new lease subject to terms being agreed.
- 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
Cornucopia, 33 Osborne Road, Southsea, PO5 3LR
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 3818346-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.