How Much Does a Convenience Store Fit-Out Cost?

The cost of a retail fit-out varies depending on factors such as store size, location, and the level of customisation required. On average, a convenience store fit-out in the UK can range from £50,000 to £150,000, with high-end refurbishments exceeding this figure.

Key Cost Factors

• Shop Fittings & Shelving (£10,000 – £30,000) - Well-organised shelving and display units are crucial for showcasing products and maximising space. Costs vary based on materials, quality, and whether you choose custom-built or standard fixtures.

• Refrigeration & Cold Storage (£10,000 – £50,000) - Chilled and frozen goods require high-quality refrigeration units, which can be one of the largest expenses. Energy-efficient models may cost more initially but can save money in the long run.

• Flooring & Interior Design (£5,000 – £20,000) - Durable, non-slip flooring is essential for safety and aesthetics. The cost depends on the materials used, such as vinyl, tiles, or polished concrete.

• Lighting & Electrical Work (£5,000 – £15,000) - Good lighting enhances the shopping experience and highlights key products. LED lighting is an energy-efficient choice, but rewiring and installation costs can add up.

• EPOS Systems & Security (£5,000 – £20,000) - A reliable electronic point-of-sale (EPOS) system ensures smooth transactions, while CCTV and security systems protect against theft. Advanced tech solutions may require a larger budget.

• Branding & Signage (£3,000 – £10,000) - Eye-catching signage and branding elements are key to attracting customers. Whether you opt for illuminated signage or window graphics, costs will vary depending on the complexity of the design.

• Stock & Initial Inventory (£10,000 – £50,000) - A convenience store must be well-stocked from day one. Depending on the product range, initial inventory costs can be significant.

How to Finance a Convenience Store Fit-Out

If the upfront costs of a retail fit-out seem overwhelming, financing options can help spread the expense and ease cash flow concerns.

• Asset Finance - Need equipment, refrigeration, or shelving? Asset finance allows you to spread the cost over time while keeping cash flow stable.

• Business Loans - Unsecured or secured loans provide flexible funding for your fit-out, whether for major renovations or essential upgrades.

• Merchant Cash Advance - If your store already accepts card payments, a merchant cash advance offers funding based on future transactions, making repayments more manageable.

• Leasing Finance - For those looking to minimise upfront costs, leasing finance can help you acquire essential shopfitting equipment without a large initial outlay.

Get Expert Finance Solutions with EP Finance

A well-designed retail fit-out can drive footfall, improve customer experience, and increase sales. If you need financial support to bring your convenience store to life, EP Finance offers tailored funding solutions to suit your needs.

Get in touch today for a no-obligation consultation and find the best finance option for your retail business.