Business for Sale in Chatham, Kent CONVENIENCE STORE IN THE CHATHAM AREA OF KENT

Key Information

Reference

G34050Z

Tenure

Leasehold

Status

Sold

Region

Kent

Sector

Convenience Stores

Annual Sales

£606,102.00 Inc. VAT

Accommodation

No

Business Information

The convenience store is situated in the Chatham area of Kent. The shop forms part of a parade including a chemist, hairdressers, barbers and a number of hot-food takeaways. There is plenty of free parking directly to the front of the parade and, being a highly populated area, there are also many people living within walking distance of the shop.

The shop sells newspapers & magazines, alcoholic & soft drinks, sweets, snacks & ice creams, cigarettes & tobacco, cards & stationery, fruit & vegetables, “food-to-go” products together with a wide selection of household and convenience goods. There are also full National Lottery, Paypoint and E-Top Up facilities.

Total retail sales for the year ended 30^th November 2019 were £606,102 returning a gross profit of £144,585 (including commissions of £12,632). Entirely staff-run at present and in an excellent location, the business represents an outstanding opportunity for enterprising new owners.

The business currently trades under the “McColls” brand and new owners will be expected to change the trading name and to re-brand on purchase. Please note that this is a sale of the shop only; there is no living accommodation included in the lease.

Leasehold £39,500 Ref: G34050Z

Full sales details available at www.emfgroup.com