Highly-Regarded Convenience Store in Kent

Gillingham, Kent
REF: 04595

Asking Price:
£300,000
Annual Turnover:
£301,479
Annual Net Profit:
TBC
Recently Sold
REF: 04595
Photo of Highly-Regarded Convenience Store in Kent
Photo of Highly-Regarded Convenience Store in Kent
Photo of Highly-Regarded Convenience Store in Kent
Photo of Highly-Regarded Convenience Store in Kent

Overview

Tenure:
Freehold
Established:
TBC
  • **Freehold option available**
  • Impressive annual turnover
  • High footfall location
  • Two bedroom apartment
  • Scope for further growth

A superb opportunity has arisen for a new buyer to take ownership of a well-operated and respected local Convenience Store in Kent.

Trading for many years, the business has established an impressive level of profitability, serving a large local community. It provides a wide range of convenience products and services from a prime position at the heart of a large residential area.

With a high annual turnover and large customer base, this is an ideal opportunity for an entrepreneur

It is a profitable platform for a new buyer and is primed for additional expansion.

Trading for a number of years, the business has built a superb level of consistent profitability and enjoys an excellent reputation within the large community it serves.

The business stocks a wide range of household essentials, alcohol and groceries along with newspapers, magazines, Lottery and greetings cards. It has an unrestricted off licence, allowing it to retail an assortment of alcohol, weekly deliveries from Booker, daily milk and bread delivery and has a host of grocery reps visiting each month.

The business is easily recognisable due to its prominent corner position, traditional Convenience Store style signage and large façade. The interior decor is clean and welcoming, with a large sales counter and a good number of shelving units and display furniture. On the first floor is a two bedroom apartment which is need of some cosmetic updating but offers a fantastic opportunity to create either owners’ accommodation or a potential rental property.

Intelligent Business Transfer are pleased to offer to the market a fantastic opportunity for a new buyer to acquire a well-established Convenience Store which is located in Gillingham, Kent.

Established for many years, the business has demonstrated consistent growth and now achieves an annual turnover in excess of £300,000.

With a superb level of net profit and large customer base, this is an ideal opportunity for an entrepreneur or family unit to acquire a lucrative business in a popular location.

A motivated new buyer may look to develop the business further by introducing new products or services, such as Oyster cards.

The two-bedroom apartment which is included in the property sale, has a potential rental valuation of up to £10,000 per annum. Alternatively, this would make ideal owners accommodation if so desired.

Intelligent Business Transfer have been requested to find a suitable buyer.

Location

Property

Rates
TBC
Accommodation Included
TBC
Freehold Property Value
TBC
EPC Rating

Financial & More

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