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Reference C8771

Newsagent with Off Licence in Kent For Sale

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

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

Turnover 6,000
Price 70,000

Features

Profitable Counter News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries, Full Free off Licence Plus On Line National Lottery

SINGLE FRONTED SALES SHOP probably in the region of 600 sq. ft. sales area, carpeted, suspended ceiling with concealed LED lighting. Counter, till with EPOS scanning system, ice cream deep freezer (owned), 1-3.75m open cool display unit (used for soft drinks, wines & beers), 1 small glass fronted wine fridge, 2m greeting card display section etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands Wholesale newsbill 150 p.w. We are further advised that the gross profit is in the region of 23%. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 100 p.w. the business also has Oyster which we understand provides a further commission of approximately 140 p.w. In addition there is Paypoint which we understand provides a commission of approximately 30 p.w. The business is agents for Hermes Parcel Collection & we understand this provides a further revenue of approximately 100 p.w.

Staff

The business is at present operated by 1 of the vendors relatives on a full time basis with the assistance of 1 part time staff.

Trading Hours

Monday - Thursday inclusive - 6 a.m. - 9 p.m.
Friday & Saturday - 6 a.m. - 10 p.m.
Sunday opening - 7 a.m. - 7 p.m.

Outside

Yard at rear

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of 10,000 p.a. exclusive of rates for the next 4 years with rent to be agreed thereafter.

Uniform Business Rates: Nil payable after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 9 YEARS

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS 70,000 plus STOCK AT VALUATION (12,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 35,000 (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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