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Reference C9064

Newsagent & Off Licence in Kent For Sale

Newsagent & Off Licence in Kent For Sale
Newsagent & Off Licence in Kent For Sale Buy a Newsagent & Off Licence in Kent For Sale Sell a Newsagent & Off Licence in Kent For Sale Newsagent & Off Licence in Kent For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, KENT

Turnover 10,500
Price 95,000

Features

Well Established News, Confectionery, Tobacco, Self Service Convenience Stores, Full Free off Licence

Bus Stop outside. School nearby.

SPACIOUS DOUBLE FRONTED SALES SHOP approximately 750 sq ft. sales area with woodstrip floor, suspended ceiling with concealed lighting. Well equipped including ice cream deep freezer, 1-3.75m open cool display unit, 3 double door glass fronted display fridges, 2 greeting card display stands with drawer under, modern shelving, counter, electronic cash register with scanning plus 1 additional electronic cash register. CCTV system with 8 cameras, monitor plus recording etc.

Staff w.c. & wash hand basin
Stockroom

Turnover

WE ARE INFORMED the turnover averages 10,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 1,000 p.w. 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 60 p.w. The business also has Oyster which we understand provides a further commission of approximately 170 p.w. The business has a UPS parcel agency & we understand this provides a commission of approximately 75 p.w.

Staff

At present operated by a husband & wife team with the assistance of 1 full time & 1 part time staff. 2 morning delivery rounds. Delivery charge 2.50 p.w.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 9 p.m.
Sunday opening - 8 a.m. - 7 pm.

Outside

Parking at rear for 2 cars

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 6 years unexpired at a renal of 13,500 p.a. exclusive of rates, fixed for the remainder of the term. (We understand the landlord, subject to satisfactory references, is prepared to accept a surrender of the existing lease and the granting of a longer lease at terms and rent to be agreed)

UniformBusiness Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 95,000 plus STOCK AT VALUATION (20,000/25,000 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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