Convenience Stores for sale in King's Lynn

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Well established international convenience store for sale

King's Lynn, Norfolk, England

  • Leasehold Price: £89,995
  • Turnover: £288,529
Seller Reference: B05983
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Business Description
 
 
 
 
 
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Seller Reference: B05983
Request Details
Business Description
Business
Please quote reference B05983

Hilton Smythe is delighted to welcome to the market Bierdronka International food centre, a well-established and busy convenience store and grocery store, which is ideally located at Tower Place, Kings Lynn.

The business was established by our client 5 years ago. During this time, the owner has gained an excellent rapport with the customers. Only now is the business being offered to the market due to family health issues.

Our client offers a variety of goods including frozen and fresh international food produce, confectionery, soft drinks, ice cream and alcohol products.

The shop is fully kitted out to suit the trade with ample fridges, freezers, storage and display stands, including paypoint and payzone machines.

There is also scope to increase the turnover such as adding news rounds and news sales, tobacco sales, delivery services etc.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving business to the next level; therefore, early viewings must come highly recommended to avoid disappointment.

Location
Bierdronka is located in Kings Lynn within Norfolk, centrally located at 6 Tower Place. This prime location allows for all year-round passing trade and heavy footfall.

Being located close to the town centre there are numerous transport links close by.

There is also a customer car park for 8 cars.

Premises
The shop is fully kitted out to suit the trade, with excellent eye catching signage.

Upon entrance is the service area with ample display stands, perimeter fridges, counter and confectionary stands.

The shop had a refit when our client took over the lease, 5 years ago.

To the rear of the shop is a storage room with shelving.

The business also has tall display shelving systems, till and card reader and freezers.

Tenure
We are advised that the business is being sold on a leasehold basis, with 5 years remaining on the 10 year lease. The rent is currently £1,000 per month. 

Hours
The business hours are; 

Monday: 05:00 – 23:00
Tuesday: 05:00 – 23:00
Wednesday: 05:00 – 23:00
Thursday: 05:00 – 23:00
Friday: 05:00 – 23:00
Saturday: 05:00 – 23:00
Sunday: 08:00 – 22:00


Staff
We are advised that the business has 4 part time members of staff.

Financial Profile
We are advised as per the 2020 accounts, the business generated a turnover in the region of £290,000 for the year. Full financials can be made available upon further request.

Please quote reference B05983

Tenure:
Leasehold
Listed by:
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