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Reference G7897

Convenience Store with Post Office in Kent For Sale

Convenience Store with Post Office in Kent For Sale
Convenience Store with Post Office in Kent For Sale Buy a Convenience Store with Post Office in Kent For Sale Sell a Convenience Store with Post Office in Kent For Sale Convenience Store with Post Office in Kent For Sale for Sale Convenience Store with Post Office in Kent For Sale for Sale Convenience Store with Post Office in Kent For Sale for Sale

Register to see map and to make an appointment Situated in a terrace, main road trading position, KENT

Turnover 9,000
Post Office 10,000
Price 100,000

Features

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence Plus Post office Local

SPACIOUS SALES SHOP probably in the region of 1,500 sq. ft. sales area with tiled floor, fluorescent lighting. Well fitted including counter, 2 tills with EPOS scanning system,post office combination counter (1 position), 3 glass topped chest display deep freezers, ice cream deep freezer (owned), 2-3.75m open cool display unit, 1-5m open cool display unit (comprising 2 units), modern shelving etc.

Large stockroom with shelving
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 9,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 200 p.w. We are further advised that the gross profit is in the region of 24%. Post office income 10,000 p.a. approx. Lottery and PayPoint commission are approximately 300 pm

Staff

At present staff operated. 3 staff employed.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 11 p.m.
Sunday opening - 7 a.m. - 10 p.m.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over, DOUBLE GLAZED & 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
Dining Room
Kitchen with fitted units

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of 15,000 p.a. exclusive of rates for the next 1 year 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 100,000 plus STOCK AT VALUATION (30,000/35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 50,000 (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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