Property photos
Business
£79,995
Retail premises for sale
Portsmouth, England, United Kingdom PO1Local area information
Property location
Nearby amenities
- Madani Primary School 0.2 miles
- St Edmund's Catholic School 0.2 miles
- Portsmouth & Southsea 0.3 miles
- Portsmouth Continental Ferry Terminal 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Portsmouth and Southsea to find out more about the local area.
Features and description
Business
Please quote reference B08528
Cogogo presents The Gold Centre an established retail business being offered as a leasehold opportunity.
This sale includes the lease, with stock and display cabinets available as optional additions. Operating as part of a wider chain, this is a standalone sale for The Gold Centre location, making it a perfect opportunity for a new owner to continue or expand operations.
Situated in a prime retail area, The Gold Centre benefits from high visibility and footfall. The location ensures easy access for customers and staff alike. Specific details about nearby landmarks, transport links, or the retail environment can be added to highlight the location's appeal further.
The business is currently operated by a limited company as part of a larger chain of shops. The sale includes assets valued at approximately £50,000 to £60,000, comprising fixtures and fittings. The premises are well-secured, featuring an alarm system and professional lighting to create a welcoming and safe environment. Stock and display cabinets can be included as optional extras, offering further flexibility for the new owner.
We are advised the fixtures and fittings are valued at £50,000-£60,000. Further financial details, such as turnover or profit margins, can be provided to serious buyers upon request.
This is a fantastic opportunity to acquire a well-positioned and established retail business with strong growth potential.
Location
The Gold Centre is located at 248d Commercial Rd, Portsmouth PO1 1HH.
Premises
The property comprises:
Tenure
This opportunity is being sold on a Leasehold basis with a 10-year lease in place.
The current rent is £27,500 per annum.
Hours
The current trading hours are:
Monday to Saturday - 9:30 am to 5:30 am
Sunday - 11:00 am to 4:00 pm
Staff
This business is run and managed by our client.
Financial Profile
This business generated a turnover of £265,000. Full financials can be made available upon request.
Please quote reference B08528
Cogogo presents The Gold Centre an established retail business being offered as a leasehold opportunity.
This sale includes the lease, with stock and display cabinets available as optional additions. Operating as part of a wider chain, this is a standalone sale for The Gold Centre location, making it a perfect opportunity for a new owner to continue or expand operations.
Situated in a prime retail area, The Gold Centre benefits from high visibility and footfall. The location ensures easy access for customers and staff alike. Specific details about nearby landmarks, transport links, or the retail environment can be added to highlight the location's appeal further.
The business is currently operated by a limited company as part of a larger chain of shops. The sale includes assets valued at approximately £50,000 to £60,000, comprising fixtures and fittings. The premises are well-secured, featuring an alarm system and professional lighting to create a welcoming and safe environment. Stock and display cabinets can be included as optional extras, offering further flexibility for the new owner.
We are advised the fixtures and fittings are valued at £50,000-£60,000. Further financial details, such as turnover or profit margins, can be provided to serious buyers upon request.
This is a fantastic opportunity to acquire a well-positioned and established retail business with strong growth potential.
Location
The Gold Centre is located at 248d Commercial Rd, Portsmouth PO1 1HH.
Premises
The property comprises:
- Ground Floor: Retail space with fittings and fixtures in place.
- First Floor: Staff room.
- Second Floor: Storage area and WC.
Tenure
This opportunity is being sold on a Leasehold basis with a 10-year lease in place.
The current rent is £27,500 per annum.
Hours
The current trading hours are:
Monday to Saturday - 9:30 am to 5:30 am
Sunday - 11:00 am to 4:00 pm
Staff
This business is run and managed by our client.
Financial Profile
This business generated a turnover of £265,000. Full financials can be made available upon request.
More information
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