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Convenience Store In Eastbourne For Sale

Eastbourne, East Sussex
Asking Price:
£89,950
Turnover:
£353,600
Net Profit:
Available on request

This business has been in the present vendors’ hands for 2 years and during this time they have created a very successful and profitable business, and is now only coming to the market due to family commitments. The business is located in a densely populated residential area of Eastbourne and is on a busy main road. The convenience store also benefits from having a bus stop just outside of the premises which is a main bus route running through Eastbourne. The premises are in close proximity to Princes Park and the seafront and town centre are only a short walk away. The convenience store stocks a wide range of items, including fresh and frozen produce, alcohol, tobacco, confectionary, stationary, photo-copying, e-cigarettes and liquids and newspapers. In addition to this they also provide Paypoint, coffee machine, Slush Machine, the lottery and Collect plus. In addition to the standard product lines, the vendors also offer seasonal product lines, such a toys and they offer a Christmas Saving Club, which are proving very popular. During the current vendor’s stewardship they have created an excellent reputation among the local community and have become an integral part of the local population, which has provided them with a loyal customer base.

Property information

Property:

Leasehold

Lease Terms:

The premises are held on a full repairing and insuring lease, which has approximately 13 ½ years unexpired at a current rental of £15,000 per annum, exclusive.

Leasehold Rent:

£15,000 per annum

Living Accommodation:

The self-contained living accommodation has recently been refurbished to a high standard. The accommodation consists of 3 double bedrooms and 1 single bedroom; family bathroom; large fully fitted kitchen diner and a large lounge. There is also a secure garage, which is currently used for storage. The accommodation also has the benefit of having newly fitted carpet and gas central heating. Accommodation is currently being let, which generates a rental income of £1,200 per month

Location:

The premises are in close proximity to Princes Park and the seafront and town centre are only a short walk away

Premises Details:

The business occupies a large corner plot and has easy access to on street parking. Within the store there are a number of central display gondolas, a modern service counter, smart wine and spirit display shelving, modern lighting, a number of open view frozen food display chest cabinets and upright drinks chiller cabinets throughout the retail space. With a staff toilet and wash hand basin to the rear of the premises. There are CCTV camera’s installed throughout the premises

Planning Consent:

Retail

Business Operation

Trading hours:

Monday – Saturday 5am-9pm and 5am-4pm on Sunday

Employees:
3 part time
Years established:
many

Other Information

Support & training:

yes

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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