Sold
Popular Convenience Store For Sale
Canterbury, Kent
- Asking Price: £91,000 +SAV
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Turnover:
We are advised the business generated a turnover of circa ££455,000 for 2020, further financial information can be made available upon request.
Please quote reference B06431
- Tenure: Leasehold
Please quote reference B06431
Hilton Smythe are delighted to bring to the market a fantastic opportunity to purchase this busy convenience store with fantastic potential.
The Pilgrim’s Store is a well-run and popular local business located within a popular residential area of Canterbury. The business has been in operation by the current owners for a number of years and is now on the market due to a change in circumstances for our client.
The business offers convenience items including groceries, beers, wines, and spirits, along with confectionary items, stationary and pay zone facilities.
We feel there is scope to further increase the turnover for the business, by undertaking a robust marketing campaign via local press, radio, social media platforms along with the introduction and promotion of a dedicated business website. A new owner may wish to introduce some further services including the lottery, along with newspapers with a delivery service.
Very rarely do such well-presented, popular businesses come to the open market, therefore early viewings are highly recommended.
The business is run by 1 full time staff member.
The business trading hours are as followed:
Monday & Tuesday - 09:00am - 18:00pm
Wednesday - 10:00am - 18:00pm
Thursday to Saturday - 09:00am - 18:00pm
Sunday - 09:00am - 13:00pm
The business is located in a large, densely populated residential area within the popular city of Canterbury in Kent and benefits from an excellent level of footfall and passing trade.
The city is well serviced in terms of amenities, with these including an excellent modern shopping centre, the University of Kent, Canterbury Christ Church University, and other colleges, together with an excellent choice of schools, and further benefiting from excellent public transport links
The business is located in a purpose-built retail premises, consisting of a main shop floor area with various displays and stock racking, service counter, with a small kitchen area and w/c located to the rear of the premises along with ample storage.
Tenure
We are advised the business is being sold on a Leasehold basis with 7 years remaining on the Lease, the rent is £250 per month.
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