Ready-fitted convenience store with strong weekly sales and immediate opening potential.
Prominent pedestrianised High Street location, 0.1 miles from beach and Grand Pier
This central High Street convenience store occupies a prominent pedestrianised position just 0.1 miles from the beach and Grand Pier, benefiting from strong footfall and weekly sales reported at circa £5,000+. The unit was fully refurbished in December 2024 and is offered ready-fitted, with modern fixtures, ground-floor retail and a large first-floor storage room.
The business is leasehold with only six years remaining from December 2024. Annual rent is £18,000 + VAT and the rateable value is £17,250. The short lease term is a material issue — many mortgage lenders may refuse to lend against this property and renewal terms are not provided.
Practical considerations include an EPC rating of D, electric room heaters, double glazing installed pre-2002, and very slow broadband speeds. The location is in a very deprived area with very high crime levels, which may affect staffing, insurance costs and long-term security.
This is a straightforward turn-key opportunity for an independent operator or investor who can trade from day one and manage lease renewal or purchase a new lease. The sale includes fixtures and fittings (subject to inventory confirmation). No staff transfer under TUPE.
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