London based store sold

Located on a prominent corner position in a densely populated area within Raynes Park, London, N + K Stores benefits from a regular customer base and passing trade from the main road in which it is situated whereas the Local park and train station also generate a high level of footfall.

The Shop offers a wide range of newspapers, magazines, alcoholic beverages and other general convenience goods and was operated by our client with the assistance of a part time member of staff. The business opportunity presents excellent scope for increasing the stores’ product range with items such as hot food and drinks which could increase turnover. The business also benefits from an alcohol licence which means operating hours could be increased to 11pm.

The main shop floor has a range of freestanding and wall mounted display units for general convenience goods. There are a number of refrigerators and freezers for chilled and frozen foods respectively. The business also benefits from a large store room at the rear of the shop. There is also a kitchen area and a WC at the rear of the premises.

The business was offered for sale due to our clients’ willingness to pursue other business interests and was acquired just 8 months after entering the market by a private buyer. Samantha Wright of Knightsbridge Business Sales negotiated the deal on the clients’ behalf and wishes both parties luck for the future.