Ultra Modern Convenience Store in Kent For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Kent.

Turnover £ 8,500
Price £125,000

Features

Convenience Store and Off Licence

NEWLY FITTED 2024

DOUBLE FRONTED PREMISES in the region of 1,000 ft² WITH ELECTRIC SHUTTERS, industrial non-slip floor, suspended ceiling with LED Panel lights, sales counter, EPOS till, cigarette , modern adjustable shelving with shutters, CCTV system (16 cameras, 1 monitor), open cool display unit (3.75 metres), open cool display unit (3 metres), display freezer (glass fronted upright double-door), display freezer (glass fronted upright), walls Ice Cream Freezer, Costa Coffee Machine.

Stock room with shelving.
Staff Toilet with w.c. and wash hand basin.
Staff Kitchen

Basement in the region of 100 ft² (Currently not utilised)

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,500 p.w. with a Gross profit of 22% approx.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £50 per week approx.
PARCEL £15 per week approx.
Adbertising £150 pcm

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

7 Day week
MONDAY - FRIDAY 6am - 10pm
SATURDAY 7am - 9pm
SUNDAY 8am - 8pm

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 2024 with reviews every 5 years (next review 2029) at a current rent of £15,000 p.a.

Business Rates from April 2025 £4,700 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE MARCH 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION (£35,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote