Convenience store in Fareham sold to local operatorÂ

SPECIALIST business property adviser Christie & Co has brokered the sale of Best One, a convenience store in Fareham.Â

Wednesday, 21st November 2018, 3:00 pm
Updated Wednesday, 21st November 2018, 4:07 pm
Best One in Redlands Lane Fareham

The store in Redlands Lane offers a range of goods and services, including newspapers and magazines, off licence, National Lottery and PayPoint, and convenience products.

The previous owner decided to sell after 10 years to focus on other business interests.

The store presents a prime opportunity for the new owner to increase sales by introducing additional store lines, including hot food and drink sales.

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Jack Dudley, senior retail agent of Christie & Co, said: '˜This sale demonstrates the strong demand from buyers for good quality retail businesses in the south, with both investors and lifestyle purchasers showing interest in well run convenience businesses. We anticipate this demand to strengthen as we enter 2019, making it a great time for retail business owners who are considering a sale.' 

Best One was sold off with a leasehold asking price of £169,950.