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Reference G8630

Unopposed Convenience Store in Kent For Sale

Unopposed Convenience Store in Kent For Sale
Unopposed Convenience Store in Kent For Sale Buy a Unopposed Convenience Store in Kent For Sale Sell a Unopposed Convenience Store in Kent For Sale

Register to see map and to make an appointment End of terrace, sought after position, residential area with large school & University nearby plus offices, KENT No Parking Restrictions

Turnover 10,000
Price 99,950

Features

Unopposed well Fitted Self Service Convenience Store, News, Confectionery, Tobacco, Full Free off Licence

Forecourt to ATTRACTIVE SALES SHOP in the region of 450 sq. ft. sales area, suspended ceiling with LED lighting. Recently renovated and refurbished to a high standard. 2 Air conditioning/heating units. 1.75m open cool display units, 1 3-door sliding glass fronted display fridge, 1 upright single door display deep freezer, 3 display gondolas, modern shelving, CCTV system with 16 cameras, monitor plus recording.

Staff w.c. & wash hand basin

Basement with deep freezer, oven (on loan from Bake & Bite)

Turnover

WE ARE INFORMED the turnover averages 10,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 600 p.w. We are further advised that the gross profit is in the region of 20%. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 50 p.w. The business also has Amazon, DPD Parcel collection service. The business has an ATM machine.

Staff

The business is at present operated by a husband & wife team with the assistance of 1 full time & 2 part time staff. 6 morning newsboys. Delivery charge 1.55 p.w.

Trading Hours

Monday - Friday inclusive - 6 a.m. - 9 p.m.
Saturday & Sunday opening - 6.30 a.m. - 9 p.m.

Tenure

We understand the premises are held on a secure renewable lease for a period of 25 years from 2014 at a current rental of 14,500 p.a. exclusive of rates. We understand the rent reviews are every 3 years.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 99,950 plus STOCK AT VALUATION (20,000/22,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 49,975 (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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