£0 £1000000
£0 £1000000

Popular Convenience Store For Sale

Canterbury, Kent

< 1-7 >

Enlarge

Under Offer

£89,995 +SAV

Ref: B06431

Leasehold

Overview

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.

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

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.

Similar Businesses For Sale

9

Exceptional Performing Newsagents

Dundee, Dundee City

£49,950 +SAV

Discover Business

16

Convenience Store With Generous Accommodation

Leicester, Leicestershire

£364,995 +SAV

Discover Business

6

Well Established Newsagents For Sale

Wellingborough, Northamptonshire

£79,995 +SAV

Discover Business

Need help to find your dream business?

Our buyer matching service can help, sign up today.

Find your dream business

    Sales Negotiator Photo

    Tommy Sweeney

    Sales Negotiator

    Need help with finance to purchase this business?

    Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.

    Try our finance calculator

    Finance Calculator

    Powered by Hilton Smythe

    £89,995 +SAV

    6%
    £35,998
    £53,997
    5 years
    £0

    60 monthly payments of

    £0

    Apply Now

    Representative Example

    Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83


    Rates may differ as they are dependent on individual circumstances. Subject to status.

    Popular business searches in the UK