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

Leasehold Price £39,500

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 30th 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

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