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Reference G8055

Convenience Store in Kent For Sale

Convenience Store in Kent For Sale
Convenience Store in Kent For Sale Buy a Convenience Store in Kent For Sale Sell a Convenience Store in Kent For Sale

Register to see map and to make an appointment Situated in a parade of 3 shops, residential area, KENT

Turnover 5,000
Price 45,000 / 230,000

Features

Superior Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence

The business enjoys a main road trading position in this sought after residential area with the advantage of a school close by.

Eletric shutters to SPACIOUS SALES SHOP probably in the region of 650 sq. ft. sales area. Ceramic tiled floor, suspended ceiling with concealed lighting. Refitted approximately 2 years ago. Counter, electronic cash register, 1-3.75m open cool display unit (used for soft drinks, milk & dairy produce), 1-2.5m open cool display unit (used for wines & beers), 2m glass topped large display deep freeze, 3-tier ice cream deep freeze (owned), modern adjustable shelving, centre display gondolas. CCTV system with 10 cameras, 2 monitors plus recording.

Rear stockroom
Kitchenette area
Staff w.c.

Turnover

WE ARE INFORMED the turnover averages 5,000/6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 250 p.w. We understand the gross profit is in the region of 23%.

Staff

The business is at present staff operated. Staff employed 1 full time plus 1 part time staff.
It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Trading Hours

7 a.m. - 10 p.m. seven days per week

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING and FULLY CARPETED, comprises:

Fitted Kitchen/Dining Room
Tiled bathroom with bath, shower over bath, w.c. and wash hand basin
3 Double Bedrooms (1 of which could readily be used as a living room if desired)

Outside

Small yard at rear

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15/21 years full repairing and insuring lease at a rental of 15,600 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable after full relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 45,000 plus STOCK AT VALUATION (20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 230,000 plus STOCK AT VALUATION (20,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 22,500 (lease) 161,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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