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Kiosk in Kings Lynn For Sale

Kiosk in Kings Lynn For Sale
Buy a Kiosk in Kings Lynn For Sale Sell a Kiosk in Kings Lynn For Sale Kiosk in Kings Lynn For Sale for Sale

Register to see map and to make an appointment Situated within a shopping centre with main bus station close by, NORFOLK KINGS LYNN

Turnover 6,000
Price 32,500

Features

Attractive Kiosk (selling Counter News, Confectionery, Tobacco, Teas & Coffees)

KIOSK. The equipment includes shelving, double door glass fronted drinks fridge (on loan from Coca Cola), 1 Monster fridge (on loan), 1 single door glass fronted fridge (owned), sales counter, electronic cash register.

Turnover

WE ARE INFORMED the turnover averages 6,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 350 p.w. We are further advised that the gross profit is in the region of 24%.

Staff

At present operated by the vendor with the assistance of family help.

Trading Hours

Operated Monday - Saturday inclusive- 7 a.m. - 5 p.m.
NO SUNDAY TRADING
We understand the shopping centre is open on Sunday & in our opinion there is potential for Sunday opening, if desired.

Tenure

We understand the premises are held on a new 4 years lease from January, 2017 at a rental of 7,500 p.a. exclusive of rates up to January, 2019, increasing at that time to 8,000 p.a. exclusive of rates for the remainder of the term.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 32,500 plus STOCK AT VALUATION (8,000/10,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 16,250 (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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