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Shop, Eastwood, SS9

£100,000

£137.74 per sq ft

Business rates & charges may apply

Gilbert and Rose Commercial, Essex Commercial
SIZE AVAILABLE

726 sq ft

67 sq m

SECTOR

Convenience store for sale

Description

Well established convenience store and Off-Licence located on busy Rayleigh Road. Ground floor premises extending to approx. 726 sq. ft. with additional storage. Average weekly takings advised at £6,000 plus newspaper delivery income.

Long trading hours, no business rates payable, and low rent of £9,000 per annum with 5 years remaining on an FRI lease. Operated with two staff and offering further scope to increase turnover.

Ideal owner-operator opportunity in a strong residential location. RX751034

Location

The business is situated within the Eastwood area of Leigh-on-Sea, Essex, on the busy A1015 Rayleigh Road, a main route connecting Rayleigh and Southend-on-Sea. The area is densely populated with surrounding residential housing and benefits from good passing traffic and footfall.



The immediate vicinity contains a range of independent retailers, pubs, takeaways and services serving the local community. Nearby operators include several neighbourhood convenience stores and supermarkets along Rayleigh Road.



The location also benefits from proximity to local schools including The Eastwood Academy, which contributes to strong daily customer traffic from residents, students and commuters.

The Property

The business occupies a ground floor retail premises arranged as a main shop area with ancillary storage and WC facilities.



Main Retail Area:-

fully equipped to trade with various display racking, display fridges, till system with serving counter.



Rear Store Room,



Internal Storage Area,



WC,



External Storage Unit,



Total approximate floor area: 726 sq.ft.



The premises provide a practical layout for convenience retailing with ample display space and stock storage.

The Business

The business operates as a traditional convenience store and off-licence, offering a wide range of grocery items, snacks, drinks, tobacco, alcohol and household essentials.



Additional services include:



National Lottery and small local newspaper delivery round



The business does not currently operate parcel services or home delivery, offering potential for a new owner to increase revenue through additional services such as parcel collection points or local delivery partnerships.

Turnover

Average weekly turnover is advised at approximately £6,000 per week.



Additional income generated from the newspaper delivery round of approximately 25–30 houses, generating around £100 per week. Papers are purchased externally.



There remains clear scope to increase sales through:



Extended product ranges,



Parcel collection services,



Local delivery platforms,



Expanded convenience ranges.

Trading Hours

Current opening hours:



Monday – Saturday:

7:00am – 11:00pm



Sunday:

8:00am – 10:00pm

Staff

The business is currently run with:



2 Full-Time Staff



The shop is capable of being owner operated or staff managed.

Business Rates

We are advised that no business rates are currently payable, likely due to Small Business Rate Relief.



Interested parties should confirm the position with the local authority.

Tenure

Leasehold.



FRI renewable lease



Approximately 5 years remaining



Current rent: £9,000 per annum

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.

Shop, Eastwood, SS9

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Rayleigh Station9.9 miles
  • Leigh-on-Sea Station12.7 miles
  • Hockley Station12.2 miles

About Gilbert and Rose Commercial, Essex Commercial

1333-1335 London Road, Leigh-On-Sea, SS9 2AD

Gilbert & Rose Business Transfer and Commercial Property Sales and Lettings

Gilbert & Rose is a respected and well-established name in the real estate industry, renowned for our expertise in Residential Sales and Lettings. Building on our success in this area, we have expanded our services to encompass business transfer and commercial property sales and lettings. As part of this strategic expansion, we have recently partnered with Bradleys Countrywide Limited, a highly regarded company with over sixty years of experience in commercial business transfer within Essex, Hertfordshire, and Suffolk.

By combining our strengths and leveraging the extensive knowledge and database of our merger partner, we possess unparalleled access to comparable evidence. This enables us to provide accurate valuations and deliver successful business sales for our clients. Our marketing approach is comprehensive and innovative, utilizing a range of powerful tools such as video marketing, professional photography (including drone shots), and virtual tours. We conduct extensive marketing and advertising campaigns, leveraging the reach of the largest business and residential property websites, alongside our own constantly updated platform. We understand the importance of maintaining confidentiality in certain cases, and we offer tailored advertising solutions to meet the specific requirements of our clients.

At Gilbert & Rose, transparency is at the heart of everything we do. Our fees are competitive and transparent, with no hidden charges, and payment is only required upon the successful completion of a transaction. We take pride in providing expert advice and guidance to our clients, whether they are ready to sell or simply seeking information. Our dedicated team is committed to exploring the best options available to suit your individual needs, ensuring that you can make well-informed decisions throughout the process.

Whether you are looking to buy, sell, or lease a property, we invite you to contact us for any further information you may require. At Gilbert & Rose, our commitment to delivering exceptional service is unwavering. We are here to assist you every step of the way on your real estate journey. Get in touch with us today and let us help you achieve your goals with confidence and success.

Notes

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Disclaimer - Property reference RX751034. 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 Gilbert and Rose Commercial, Essex Commercial. 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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