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Convenience Store In Eastbourne For Sale

Eastbourne, East Sussex
Asking Price:
£75,000
Turnover:
£312,000
Net Profit:
Available on request

This business has been in the present vendors’ hands for 5 years where they have created a successful, and is now only coming to the market because of the vendor’s ill health. The business is located in a densely populated residential area of Eastbourne. The premises are in close proximity to the seafront and town centre, and the business is guaranteed to benefit from the redevelopment taking place in Eastbourne town centre which will bring a new cinema and shopping centre to the town. The convenience store stocks a wide range of items, including fresh produce; alcohol; tobacco; newspapers; household items; confectionary; stationary and the lottery. The vendors also accept UPS deliveries and have recently applied to be an agent for Western Union.

Property information

Property:

Leasehold

Lease Terms:

The premises are held on a full repairing and insuring lease, which has approximately 10 years unexpired at a current rent of £21,000, per annum, exclusive. There is also a monthly service charge of £75 per month

Living Accommodation:

The business benefits from a large 4 double bedroom maisonette above the business. The flat boasts a kitchen, lounge diner, family bathroom and separate toilet. With gas fired central heating throughout.

Location:

The premises are in close proximity to the seafront and town centre

Premises Details:

The business occupies a large corner plot and benefits from having 2 designated car parking spaces. There is also easy access to on street parking for customers. 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. To the rear of the premises is a large storeroom with shelving and access to the staff WC’s with fitted wash hand basin. The premises also benefits from a basement which is currently being used to store dry goods, and has access to the street making it ideal for deliveries.

Planning Consent:

A1 retail

Business Operation

Reasons for selling:

ill health

Trading hours:

7 days a week, 7:30am10pm, Monday – Sunday.

Years established:
5 years

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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