Convenience Store and Sandwich Bar in Kent For Sale

Situated in a parade, excellent trading position, KENT

Turnover £ 1,500
Price £49,950

Features

European Convenience Store and Sandwich Bar

DOUBLE FRONTED PREMISES in the region of 435 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED Pabel lighting, sales counter, EPOS till, modern adjustable shelving, open cool display unit (6 metres), open cool display unit (2.5 metres), 3 door glass fronted freezer, Coffee Machine, hot display cabinet.

Kitchen with catering fridge, deep freezer, stainless steel preparation tables.

Small Stock room.

Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,000 p.w. with a Gross profit of 25% approx. P Sandwich Bar by the owner the turnover currently averages £500 p.w. with a Gross profit of 50% approx.

It will be appreciated upon inspection that there is terrific potential to increase the sales by introducing alcohol and Vapes

Staff

The business is at present operated by the vendor's Parents

Trading Hours

7 Day week
MONDAY - SUNDAY 8am - 8pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 3 years in 2024 with reviews every 3 years (next review 2027) at a current rent of £6,000 p.a.

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £49,950 plus STOCK AT VALUATION (£5,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 24,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote