Convenience store in FarehamÂ sold to local operatorÂ
SPECIALIST business property adviserÂ Christie & Co has brokered the sale of Best One, aÂ convenience store in Fareham.Â
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 additionalÂ store lines, including hot food and drink sales.
Jack Dudley, senior retail agent of Christie & Co, said: '˜This sale demonstrates theÂ 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.'Â
Best One was sold off with a leasehold asking price of Â£169,950.