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Reference G8129

Petrol Station & Convenience Store in Kent For Sale

Petrol Station & Convenience Store in Kent For Sale
Petrol Station & Convenience Store in Kent For Sale Buy a Petrol Station & Convenience Store in Kent For Sale Sell a Petrol Station & Convenience Store in Kent For Sale Petrol Station & Convenience Store in Kent For Sale for Sale

Register to see map and to make an appointment Excellent main road trading position, KENT

Turnover 16,000
Price 395,000

Features

Superb Recently Newly Fitted Detached Self Service Convenience Store, Counter New, Confectionery, Tobacco, Full Free off Licence Plus Petrol Filling Station

Approximately 80' frontage by a maximum depth of 140'.

SPACIOUS PETROL FORECOURT with large canopy. 4 island pumps, 2 underground storage tanks for diesel total storage 44,000 litres, 2 additional underground storage tanks for unleaded petrol total 43,000 litres, 1 underground tank for super unleaded for 14,200 litres, 1 additional underground tank for super diesel total storage 14,200 litres.

Electric shutter to SPACIOUS WELL FITTED CONVENIENCE STORE in the region of 2,160 sq. ft. sales area with quality tiled floor, high ceiling with concealed lighting, hot drinks machine (on rental), 6-door glass fronted display deep freezer, 1 6-sliding door glass fronted display fridge (used for beers & wines), 1 4-door glass fronted display fridge (also used for beers), 1 large 16-sliding door glass fronted cool display unit (used for soft drinks, dairy produce, milk, sandwiches etc), modern adjustable shelving, display gondolas, counter, 2 tills with EPOS scanning system, ATM machine etc.

Cloakroom with w.c. & wash hand basin
Large stockroom

Adjoining the shop is a CAR WASH which we understand is let on a 1 year licence from January, 2018 & provides a rental income of 1,500 per month.

In addition to the rear of the shop is a car park for approximately 18 vehicles let to regulars at present & providing we understand a further rental income of 600 per month.

Turnover

WE ARE INFORMED the turnover in respect of the convenience store is in the region of 16,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 300 p.w. Gross profit 22% approx. We are further advised that the sale of petrol & diesel is at present in the region of 24,000 litres per week. We are advised by the present owner that the average profit on the sale of petrol & diesel is in the region of 7p/8p per litre. The forecourt is tied to Texaco, the present agreement having 3 years to go.

Staff

Staff employed 2 full time plus 3 part time staff.

Trading Hours

6 a.m. - 11 p.m. seven days per week

Tenure

We understand the entire premises are held on a secure renewable lease from a Property Company, the present leaseing having approximately 12 years unexpired at a rental of 30,000 p.a. plus VAT exclusive of rates for the next 2 years, increasing at that time to 34,000 p.a. plus VAT exclusive or rates for the next 2 years with rent to be agreed thereafter.

Uniform Business Rates: 26,000 p.a.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED PETROL FILLING STATION WITH SELF SERVICE CONVENIENCE STORE WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 395,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 197,500 (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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