Search more Convenience Stores for sale in Kingston Upon Thames
Reference C8873

Convenience Store in Kingston Upon Thames For Sale

Convenience Store in Kingston Upon Thames For Sale
Buy a Convenience Store in Kingston Upon Thames For Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, residential area, close to school, library SURREY KINGSTON UPON THAMES

Turnover 10,000
Price 79,500

Features

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

DOUBLE FRONTED SALES SHOP probably in the region of 500 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting, 2-3.75m open cool display units, counter, till with scanning system, 1 large glass topped chest display deep freezer, small deep freezer.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 10,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 150 p.w. In addition the business are agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 150 p.w. The business also has Oyster which we understand provides a further commission of approximately 100 p.w. We are further advised that the sales year ending 31st March, 2018 showed 423,976 with a gross profit of 77,676.

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

Monday - Saturday inclusive - 6 a.m. - 12 midnight
Sunday opening - 7 a.m. - 12 midnight

Outside

Garage used for storage purposes

Tenure

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 2 years unexpired at a rental of 10,400 p.a. exclusive of rates fixed for the remainder of the term. We understand the landlord, subject to satisfactory references, will grant a new 15 years lease at an initial rental of 10,400 p.a. with rent reviews. We further understand that a 2 bedroom flat is available as an optional extra at rent and terms to be agreed.

Uniform Business Rates: Nil payable after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 14 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 79,500 plus STOCK AT VALUATION (40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 39,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Convenience Stores for sale in Kingston Upon Thames

Buy a Convenience Store in Kingston Upon Thames For Sale on NationwideBusinesses.co.uk