High Turnover Convenience Store With Off Licence For Sale

Business description

This excellent business is located in a densely populated
residential area in the popular town of East Grinstead in West
Sussex. It occupies a prominent position in a small parade of shops
with off-road car parking available directly outside. A new block
of flats is due to be built directly opposite the shop and there
are a number of new housing developments in the area. The business
sells a full range of convenience goods including newspapers,
magazines and cards. There is an off licence section which could be
expanded and the shop also has the benefit of being a national
lottery outlet. Having been under the same ownership for the past
13 years, the business is now only available for sale due to the
vendors' plans for retirement. The business offers excellent growth
potential to enterprising new owners, especially as there is no
immediate competition in the local area. The property has an
impressive eye-catching frontage spanning the length of 2 shop
units, and the total internal floor space is approximately
1000sqft. Externally to the rear of the shop, there is a sizeable
area of land belonging to the property. We understand that planning
permission is already in place for the construction of a 2-bedroom
bungalow on this site. The property is held on a 120-year lease
with 105 years remaining, and an annual ground rent payable of just
£50. (Effective Freehold). Weekly takings are in the region of
£11,500, and the accounts show a net profit of £64,500. Full
financial information is available on request. Ref:G23269T

Property information

Living accommodation:

Accommodation Included

Contact the seller