Convenience Store for Sale in Durham County - Opportunity to Acquire a Local Retail Business

Description

Located in the heart, Candat Stores Ltd is a growing retail business based in Durham, United Kingdom, specialising in the sale of food products and everyday convenience items. Established in 2020, the company is committed to providing quality products, reliable customer service, and a convenient shopping experience for the local community. The business operates as a registered UK limited company with active trading status and strong potential for future growth.A shorter version for social media or marketplace listings:Candat Stores Ltd is an established UK retail business specialising in food and convenience products, serving customers in Durham with quality service and everyday essentials.Located in Durham city centre, the African, Caribbean and Asian food shop has established itself as a vibrant hub for a diverse range of ethnic products. This unique store offers an extensive selection of Indian, African and Caribbean foods, catering to the tastes and preferences of the local community. The shelves are well stocked with a variety of spices, lentils and flours, carefully curated to enhance various culinary traditions. Customers can also find fresh produce, essential for preparing traditional dishes, alongside a range of cooking oils, sauces and ready-to-eat meals.Having been in operation for six years, this thriving business continues to experience an upward trend in turnover, reflecting its strong position in the market. The prime location ensures high footfall, creating opportunities for community engagement and an expanding customer base. With an asking price of £35,000 for the leasehold and a current annual turnover of £95,000, this shop represents a promising opportunity for prospective buyers.As part of the transition, the current owner is prepared to offer training to the new proprietors, ensuring they are well equipped to continue the operation of this successful establishment. The decision to sell is due to a planned relocation, presenting a unique opportunity for someone interested in taking over a growing business within a vibrant community.Moreover, there is significant potential for further growth in the local market. The addition of dedicated retail space for beverages could further enhance the product offering, attracting a wider clientele and increasing sales. The foundation is already in place, and with the right vision, this food shop has the potential to develop into an even more important part of the Durham community.