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Reference G8481

Convenience Store in Kent For Sale

Convenience Store in Kent For Sale
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Register to see map and to make an appointment Situated in a parade, busy road, KENT

Turnover 4,500
Price 49,000

Features

Well Fitted Self Service Convenience Store, Full Free off Licence

Service road in front of parade providing parking

Electric shutters to SPACIOUS SALES SHOP probably in the region of 750 sq. ft. sales area with attractive marble effect floor, suspended ceiling with concealed lighting. Well equipped to a high standard. 1 Arneg 3.75m open cool display unit, 1-5m open cool display unit, 3-door upright glass fronted display deep freezer, modern adjustable shelving, display gondolas, counter with touch screen till.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 4,500/5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 22%. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 50 p.w. The business also has Oyster which we understand at the present time provides a further commission of approximately 10 p.w.

Staff

The business is at present operated staff operated. 2 staff employed (only 1 employed at any 1 time).
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

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

Outside

Shared parking at rear

Tenure

We understand the premises are held on a secure renewable lease the present lease having 20 years unexpired from January, 2016 at a rental of 12,000 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 49,000 plus STOCK AT VALUATION (15,000/20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 24,500 (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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