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Shabs, 63 Picardy Road, Belvedere, Kent, DA17 5QH

Guide Price
£499,950

Business rates & charges may apply

Christie & Co, Maidstone
SECTOR
Convenience store for sale

Key features

  • Turnover for the Y/E 31/10/20: £241,555
  • Gross profit for the Y/E 31/10/20: £60,151
  • Additional commission income: £6,417
  • Established store with potential to grow
  • Large three-bedroom owner's accommodation
  • Loan available via Christie Finance, subject to status. Energy Rating C
  • Christie & Co Ref: 8812180

Property description

Tenure: Freehold

Description

A three-storey end of terrace building, being brick built under a pitched tiled roof. The store is surrounded by residential housing and the majority of the store’s customers are local residents.

Location

The store is situated in the south east London area of Belvedere, which is located approximately 15 miles east of Central London. Overground trains from Belvedere offer journey times to London of as little as 37 minutes.

Internal Details

The store is equipped for the sale of convenience and household goods, chilled foods, newspapers and magazines, cigarettes, Oyster and National Lottery. There is a stockroom to the rear of the store, staff WC, and a rear yard with access for deliveries.

Fixtures & Fittings

We are advised by our client that all fixtures and fittings are owned outright and included in the sale price.

External Details

Customer parking is available just a few yards from the store.

Owner's Accommodation

Accessed via a separate private entrance, the owner’s accommodation is a three-bedroom property situated across the lower ground, ground and first floors. This also consists of a large lounge, kitchen, bathroom and separate WC.

The accommodation has the potential to be let out to provide a further income stream, although would also suit an owner occupier.

The Opportunity

This business has been operated by our client for nearly 25 years and has a large loyal customer base.

There is great scope to increase trade further and we thoroughly recommend a viewing to fully appreciate this opportunity.

Staff

The business is currently run by the owners.

Trading Information

Turnover for the year ending 31 October 2020 was £241,155 with a gross profit for the same period of £60,151, with additional commission income of £6,417.

Trading Hours

Monday to Saturday: 5am - 7pm
Sunday: 5am - 3pm

Business Rates

The business rateable value is £4,650 and the store currently benefits from relief meaning no rates are payable.

Energy Performance Certificates

EPC 1

Brochures

Shabs, 63 Picardy Road, Belvedere, Kent, DA17 5QH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Belvedere Station0.2 miles
  • Erith Station1.2 miles
  • Abbey Wood Station1.3 miles

About Christie & Co, Maidstone

Kestrel House Knightrider Street Maidstone ME15 6LU

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 disco

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Notes

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Disclaimer - Property reference 8812180-fh. 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 & Co, Maidstone. 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.

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