Business for Sale in Kent CONVENIENCE STORE & 2-BEDROOM FLAT ON THE KENT COAST

Key Information

Reference

G34033Z

Tenure

Freehold, Leasehold

Status

Sold

Region

Kent

Sector

Convenience Stores

Accommodation

Yes

Business Information

The business is situated in a very popular coastal resort in East Kent. With a number of schools nearby, the shop has a prominent location on a main road towards the outskirts of the town.

With an impressive retail area of approximately 1000 sqft, the shop is very well-equipped for the trade including high-quality fixtures & fittings. The attractive 2-bedroom accommodation above the shop is completely self-contained with a large private rear balcony which is a particularly useful feature in the summer months. The flat includes a spacious lounge to the front and a modern kitchen with fitted units along with a separate dining area. There is double glazing and gas-fired central heating throughout.

This long-established business has been in the same hands for almost 30 years and is managed by the two owners with assistance from part-time staff. The shop sells an extensive range of items including newspapers & magazines, alcoholic & soft drinks, tobacco, sweets, snacks, ice creams, greetings cards, pet foods and a wide selection of household & convenience goods. There are also full National Lottery facilities. Trading hours are: Monday to Saturday 8.00am – 5.00pm & Sunday: 8.00am – 11.00am.

We understand that current retail sales are approximately £5,000 per week plus commission income. However, new owners will clearly see the potential to increase sales particularly by extending the opening hours.

Ref: G34033Z FREEHOLD £385,000 LEASEHOLD £62,500

Full sales details available at www.emfgroup.com