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High Street Off Licence for Sale in Canterbury, Kent with £9,000 Weekly Sales

Undisclosed, Kent

CONFIDENTIAL

  • Leasehold: £130,000 (Stock at valuation)
  • Rent: £20,000 (£1,667 per month)
  • Turnover: £432,000 (£8,308 per week)
  • Profit: On request

Key Features

  • Comprehensive facilities available
  • Comprehensive financial overview
  • Comprehensive stock and fixtures included
  • Comprehensive stock included

Business Details

Established High Street Off Licence For Sale – Canterbury, Kent – £9,000 Weekly Sales

An excellent opportunity to acquire an established high street off licence/convenience store in the CT5 area of Canterbury, Kent.

The business is currently achieving approximately £9,000 per week in sales, despite operating relatively limited opening hours of only 8:00 AM to 8:00 PM.

The shop benefits from a high street trading position and already offers services including National Lottery and PayPoint, helping to generate regular customer visits alongside its core retail sales.

Key Business Details

  • Location: CT5, Canterbury, Kent
  • Trading Position: High Street Shop
  • Current Weekly Sales: Approximately £9,000
  • Asking Price: £130,000 Stock
  • Price: No Offers
  • Rent: £20,000 per annum / approximately £1,666 per month
  • Business Rates: Approximately £485 per month – new owner to confirm directly with the local council
  • Current Opening Hours: 8:00 AM – 8:00 PM
  • Services: National Lottery & PayPoint
  • Broker/Agency Commission: Payable separately – POA

Growth Potential

The business is currently being operated on restricted trading hours and there is good scope for a new owner-operator to increase turnover.

We believe weekly sales have the potential to increase to £12,000 per week through:

  • Extending the current opening hours
  • Introducing additional product and stock lines
  • Keeping the shop better stocked across key categories
  • Owner-management of the business
  • Improving the overall product range and availability

This could particularly suit an experienced retailer or hands-on owner looking for an established shop with existing turnover and further room for growth.

Asking Price: £130,000 Stock – No Offers

Further information is available to serious prospective buyers.

For further details, contact us privately on 07577 323795.

 

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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