Discount Stores for sale in Kent

View the "£19,000pw RETAIL STORE (SOLD)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Imran Ahmed (Nov 2014)
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Leasehold Price: £175,000 Sale Agreed
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Business Description
Situated in a prime position in the centre of a busy market town in Kent, this large and impressive retail unit has approximately 8,000sqft of retail space to the ground floor and a further 5,000sqft of storage and office space to the upper floor.

The business was established in 2009 in a former Woolworths store, and sells a wide range of products including practical items for the home & garden, furniture, car accessories, toys, stationery, gifts and confectionery. The business is currently run by the owner along with 3 full-time and 4 part-time members of staff, and the opening hours are: Monday to Saturday: 9.00am - 5.30pm & Sunday: 10.00am - 4.00pm.

We are advised that average weekly takings are in the region of £19,000 with an overall gross profit margin of approximately 50%. The premises are held on a 15-year lease from 2009 at a current annual rent of £60,000. There is limited competition in the town centre and it is believed that there is still great potential to further develop the business. Most of the hard work in establishing the business has already been done and new owners could now take the business from strength to strength.

Leasehold £175,000. Ref: M26056Z

Tenure: Leasehold

Listed by: Everett Masson and Furby
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