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Established Convenience Store in Lowestoft

Lowestoft, Suffolk
Leasehold Price:
Advert ID
05075 / Rightbiz
    Convenience Store and Newsagents

    High footfall location

    Excellent annual turnover

    Longstanding reputation

    Scope for further growth

Intelligent Business Transfer are pleased to offer to the market a superb opportunity for a new buyer to acquire a longstanding and locally renowned Convenience Store and Newsagents located in the large coastal town of Lowestoft in Suffolk.Trading for over 40 years ago, the current owner has traded for nine years and during that time the business has demonstrated consistent growth and now achieves an annual turnover of £165,118. With a fantastic positon and established reputation, this is an ideal opportunity for an entrepreneur to take ownership of a turnkey small business with further growth potential.A motivated new buyer may look to develop the business further by focusing on marketing the business to the high numbers of new development which are currently being built in the local area. There is also potential to obtain permission to create an off licence which would be a popular service with popular with existing customers. Intelligent Business Transfer have been requested to find a suitable buyer.
Listing Details
Leasehold Price: £40,000
Tenure: Freehold
Tenure: Leasehold
Tenure: Other
Location: Lowestoft, Suffolk
Sector: Convenience Stores, Newsagents
Annual Turnover: £165,118
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Advert Reference: 05075 / Rightbiz
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