Central Convenience Store in Brighton

Brighton, East Sussex
REF: R07542

Asking Price:
£60,000
Annual Turnover:
£300,000
Annual Net Profit:
TBC
Reduced
REF: R07542
Photo of Central Convenience Store in Brighton
Photo of Central Convenience Store in Brighton
Photo of Central Convenience Store in Brighton
Photo of Central Convenience Store in Brighton

Overview

Tenure:
Leasehold
Established:
TBC
  • Low rent
  • Very central location
  • High profit margins
  • Returning customers daily
  • Scope for growth

The business for sale is a popular convenience store located in the centre of Brighton, offering tobacco products, alcohol, drinks, confectionery, ice cream and a small selection of other products.
 
Trading since 1999, the store has been providing commuters, passers by and locals with essential items, gaining an excellent reputation for its wide selection and affordability.
 
The new owner would take on fully equipped premises in a bustling location to continue trading at very profitably levels.

The business operates from a compact shop in the centre of Brighton. Customers immediately notice the fully stocked shop as soon as they walk inside, with fridges and shelving lining the walls containing confectionary, alcohol and tobacco products.
 
All equipment is included in the sale, inclusive of a fully functional POS system.

Ideal for a first-time buyer looking for a business which benefits from heavy footfall every day, or a current retail owner wishing to expand their portfolio, a new owner could take steps to develop the business as they see fit.
 
Introducing services such as Pay Point and selling lottery tickets would be a great way to attract more trade and increase takings. Potentially advertising in the local area and further afield would have a similar effect.
 
The current owner would be happy to negotiate a transitional period in which they would hand the business over smoothly to the new owner.

Location

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  • Central Brighton
  • Excellent transport links
  • Complemented by high street names
  • No competition

Property

Annual Rent
£8,500
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
No
EPC Rating
D 76-100

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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