Traditional Off Licence in Kent For Sale

Situated in a parade, excellent trading position, KENT

Turnover £ 3,750
Price £60,000

Features

Confectionery, Tobacco, Full Free Off Licence and National Lottery

DOUBLE FRONTED SALES SHOP in the region of 400 sq. ft. sales area with wooden floor, concealed lighting. Serving counter, 2 touchscreen tills, double door glass fronted display fridge (on loan from Coca Cola), modern shelving, ice cream deep freezer, 2-2m open cool display units (used for soft drinks, wines & beers), single door glass fronted fridge (used for wines).

Stockroom

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £3,000 p.w. - £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 23%. The business has a free to use ATM machine plus Paypoint.

Staff

At present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

Monday - Saturday inclusive 7 a.m. - 11 p.m.
Sunday opening - 10 a.m. - 11 p.m.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2020 with reviews every 5 years (next review 2030) at a current rent of £15,000 p.a. + VAT We understand there is a current service charge of £220.00 every 6 months

NIL Business Rates after full relief (Please contact local authority to confirm)

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote