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Reference G8478

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, excellent trading position, opposite main bus stop, town centre, KENT

Turnover 8,000
Price 89,500

Features

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

SPACIOUS SINGLE FRONTED SALES SHOP probably in the region of 800 sq. ft. sales area with quality non-slip floor, suspended ceiling with concealed lighting. We understand the shop was refitted approximately 2 years ago. The equipment includes 2 display gondolas, modern adjustable shelving, magazine display shelving, counter, 2-3.75m open cool display units, large glass topped chest display deep freezer, 3-tier ice cream deep freezer etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands, Wholesale newsbill 500 p.w. We are further advised that the gross profit is in the region of 20%. The business is agents for the sale of on line national lottery tickets plus scratchcards & this we understand provides a commission of approximately 100 p.w. The business also has Paypoint & including an internal ATM machine provides a commission of approximately 100 per month.

Staff

The business is at present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

6 a.m. - 11 p.m. seven days per week

Accommodation

The accommodation available as an OPTIONAL EXTRA is a SELF CONTAINED FLAT on a shorthold tenancy at a rental of 700 per month. The FLAT with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, shower over bath, w.c. & wash hand basin
Lounge
Kitchen

Tenure

We understand the present lease expires in October, 2020 and the landlord, subject to satisfactory references is prepared to grant, in respect of the shop premises, a new 15 years full repairing and insuring lease at a rental of 22,000 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 7,000 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL FITTED SELF SERVICE CONVENIENCE STORE, COMBINED WITH COUNTER NEWS & FULL FREE OFF LICENCE IN THIS EXCELLENT TRADING POSITION

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 89,500 plus STOCK AT VALUATION (25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 44,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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