Morrisons Daily, 78c High Street, Tonbridge, TN9 1EE

Guide price

£395,000

Size

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Tenure

Leasehold

EPC

Parking

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Primary use
Convenience store
Frontage
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Key features

  • Advised weekly sales c. £28,000
  • Newly fitted-out store
  • Superb busy high street location
  • large shop with c. 195 sq m of retail space
  • Sales are increasing month-on-month
  • EPC rating D
  • Annual rent: £65,000
  • Christie & Co Ref: 3818336

Description

Description

A large licenced convenience store with a retail area of c. 195 sq m recently opened on the busy high street of Tonbridge, Kent. This is a flagship Morrisons Daily store which we feel offers superb opportunity for growth.

Location

Tonbridge is a market town in Kent, four miles north of Royal Tunbridge Wells, 12 miles southwest of Maidstone, and 29 miles southeast of London. The store is located on the high street near Tonbridge Castle generating high footfall.

Internal Details

Opening only 9 months ago, the store was newly fitted-out to an excellent standard with clear signage. The chillers and freezers are owned outright. There is no need for additional investment from the next owner, subject to preference. The retail space measures c. 195 sq m and offers customers a first class shopping experience. To the rear there is a kitchenette, storage area, WC and office.

Fixtures & Fittings

The majority of the fixtures and fittings are included in the sale.

The Opportunity

This a great opportunity to purchase a newly fitted-out flagship convenience store with rising sales. This large store was opened 9 months ago and includes a superb food to go section and all new equipment. The sales have risen from £25,000 per week to touching over £30,000. The current operator is looking to focus more on their existing business portfolio.

Staff

There are currently 12 staff.

Trading Information

The shop has been trading for 9 months so no accounts are available. Epos information is available upon request.

Trading Hours

Monday to Sunday: 6:00 AM – 10:00 PM

Tenure

The shop is available on a renewable leasehold basis for 20 years from 2024 with a 10-year tenant-only break clause.

Business Rates

The business rates have not yet been set by the council.

Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
Yes
Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: D

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Morrisons Daily, 78c High Street, Tonbridge, TN9 1EE

NEAREST STATIONS

National Rail

Tonbridge Station

0.27 miles

National Rail

Hildenborough Station

2.42 miles

National Rail

Leigh Station

2.73 miles

About Christie Owen & Davies Ltd, Retail

Christie Owen & Davies Ltd, Retail

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

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Disclaimer - Property reference 3818336-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie Owen & Davies Ltd, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.