Search more Newsagents for sale in Rochester
Reference G7103

Newsagent, Off Licence and Convenience Store in Rochester For Sale


Register to see map and to make an appointment Situated in a small parade, residential area, KENT ROCHESTER

Turnover 2,750
Price 29,950

Features

Well Established News, Confectionery, Tobacco Slight Convenience Groceries, Full Free off Licence

NO PARKING RESTRICTIONS

SPACIOUS SALES SHOP in the region of 900 sq. ft. sales area with tiled floor, fluorescent lighting. The equipment includes counter, 2 electronic cash registers, 2 open cool display units, double door glass fronted display fridge (on loan from Coca Cola), 1 glass topped chest deep freezer, ice cream deep freezer, shelving, display gondola etc.

Stockroom
Staff kitchen
Staff w.c.

In addition there is a large basement - ideal for storage purposes

Turnover

WE ARE INFORMED the turnover averages 2,500/3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 100 p.w. (not direct supplies). We are further advised that the gross profit is in the region of 20%.

Staff

The business is at present operated mainly by the vendor's son on a full time basis with the assistance from the vendor on a part time basis.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 8 p.m.
Saturday opening - 8 a.m. - 8 p.m.
Sunday opening - 8 a.m. - 6 p.m.

Outside

Yard at rear

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16/20 years full repairing and insuring lease at a rental of 11,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable after small business relief

EPC RATING - B (45)

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 15 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 29,950 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 14,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Newsagents for sale in Rochester

Buy a Newsagent, Off Licence and Convenience Store in Rochester For Sale on NationwideBusinesses.co.uk