Business for Sale in East Sussex CONVENIENCE STORE & OFF-LICENCE (SOLD)

Key Information

Reference

G30175T

Tenure

Leasehold

Status

Sold

Region

East Sussex

Sector

Convenience Stores

Accommodation

No

Business Information

The business is located in a pleasant and well-populated residential area near Brighton in East Sussex. There is free roadside car parking in front of the shop, and the business has no immediate competition in the local area.

This is a popular and well-established business which has been under the current ownership since 2006. It is run by the owners with assistance from just one part-time employee.

The business currently sells a broad range of convenience goods along with newspapers, magazines, tobacco, alcoholic & soft drinks, sweets & snacks, cards & toys and a selection of pet foods. The shop has National Lottery, Paypoint and photocopying facilities.

Accounts for the year ended 31st December 2011 show Annual Sales of £393,563 with a Gross Profit (including commissions received) of £86,387. Net Profit is shown as £45,714.

This is a true neighbourhood convenience store which has many regular customers and also benefits from a favourable long-term council lease with a current annual rent of only £4,000.

LEASEHOLD £75,000 Ref: G30175T