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Reference M5197

Well Fitted Mobile Phone & Vape Shop in Kent For Sale

Well Fitted Mobile Phone & Vape Shop in Kent For Sale
Well Fitted Mobile Phone & Vape Shop in Kent For Sale Buy a Well Fitted Mobile Phone & Vape Shop in Kent For Sale Sell a Well Fitted Mobile Phone & Vape Shop in Kent For Sale Well Fitted Mobile Phone & Vape Shop in Kent For Sale for Sale Well Fitted Mobile Phone & Vape Shop in Kent For Sale for Sale Well Fitted Mobile Phone & Vape Shop in Kent For Sale for Sale Well Fitted Mobile Phone & Vape Shop in Kent For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent High Street trading position, residential, office and commercial area, KENT.

Turnover £ 3,300
Price £110,000

Features

Mobile Phones Plus Vape & Luggage Shop

6 DAYS OPENING

REFITTED 2018 TO A HIGH STANDARD

DOUBLE FRONTED PREMISES in the region of 775 ft² WITH ELECTRIC SHUTTERS. Woodstrip floor, ceiling with spot lights plus LED lighting, glass fronted sales counters, cash register. CCTV system (10 cameras, 1 monitor), Alarm, etc

The business undertakes electrical repairs, mobile phone and laptop sales, vape products plus luggage shop.

Store room
Kitchen

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,300 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 1 full time staff employed.

Trading Hours

6 Day week
MONDAY - SATURDAY INCLUSIVE - 10.30am - 6pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2017 with reviews every 5 years (next review 2022) at a current rent of £28,000 p.a.

Business Rates from April 2021 £9,000 approx. (currently Zero payable) payable (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION (£40,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (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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