Convenience Stores for sale in West Malling

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Convenience store / Newsagents / Off-licence, West Malling, Kent.

West Malling, Kent, England

  • Leasehold Price: £115,000
  • Annual Turnover: £45,000
Seller Reference: 12209
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Business Description
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Seller Reference: 12209
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Business Description
Annual Turnover in excess of £450,000, with advised high net profit.

£1,250 rent PCM.

Initial 99-year lease taken on in 1982.  Therefore 63-years remaining.

Extensive front of store free customer parking and 4-rear staff parking spaces.

£70k refurbishment in June 18 with all new cabinets and shelving.

Lottery, Cash Machine, Coffee Machine, Parcel Services.

Excellent opportunity to acquire a highly profitable and extensively refurbished newsagents and convenience store (with Lottery & Off-Licence) in a desirable Kent village location.

Extensive refurbishment to the whole of the store area was carried out in June 18, at a cost of £70,000.  All new retail shelving and cabinets were installed, including chiller and refrigeration units, etc.  Immediately upon entrance there is a coffee machine, newspaper and sandwich chill cabinet to the right, followed by brand new cold drink and dairy produce chill cabinets, and then a free-standing internal ATM machine.  The new shop-fitting and wide aisles create a modern and welcoming retail environment with stocking all of the daily and weekly essential grocery items.
Trading hours:
6:30 to 19:00 Monday to Saturday. 6:30 to 13:30 Sundays.
Leasehold Term:
Initial 99-year lease taken on in 1982. Therefore 63-years remaining.
Listed by:
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