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Reference G8585

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 Convenience Store in Kent For Sale for Sale Convenience Store in Kent For Sale for Sale Convenience Store in Kent For Sale for Sale

Register to see map and to make an appointment Situated in a parade, busy road, residential & commercial area KENT

Turnover 13,000
Price 95,000

Features

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

SPACIOUS SALES SHOP probably in the region of 1,200 sq. ft. sales area with tiled floor, fluorescent lighting. The equipment includes counter, touchscreen till, modern shelving, 1-2m open cool display unit (used for beers), 2-2.5m open cool display units (combined & used for dairy produce, milk & juices), 1-2m open cool display unit (used for soft drinks, water), upright double door glass fronted fridge (Coca Cola), 2 large glass topped display deep freezers, 3-tier ice cream deep freezer, 1 additional glass topped chest deep freezer, centre display gondolas, CCTV system with 10 cameras, monitor plus recording.

Large stockroom
Staff w.c.

Turnover

WE ARE INFORMED the turnover currently averages 13,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 80 p.w.

Staff

At present operated by a manager with the assistance of 2 part time staff.

Trading Hours

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

Accommodation

The accommodation comprises 3 SELF CONTAINED UNITS over:

Flat No. 1 comprising:
1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge/kitchen

This flat is currently let on a shorthold tenancy & provides a rental income of 500 per month.

Flat No. 2 comprises:
1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

This flat is also let on a shorthold tenancy & we understand provides currently a rental income of 600 per month.

Flat No. 3 comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

This flat is let on a shorthold tenancy & currently provides a rental income of 500 per month

Tenure

We understand the entire premises are held on a secure renewable lease, the present lease having approximately 18 years unexpired at a rental of 32,000 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 4 years. (As will be appreciated with the current rental income from the flats over of 19,200 p.a. the net rental payable at the present time is only 12,800 p.a. exclusive of rates).

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 95,000 plus STOCK AT VALUATION (20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 47,500 (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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