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DOUBLE FRONTED MEDIUM SIZED SALES SHOP with woodstrip floor, counter, till with scanning system, 2 double door glass fronted drinks display fridges (owned), 2 single door glass fronted drinks display fridges, shelving etc.

Storeroom with glass fronted storage fridge



Property:
Leasehold
Lease terms:
We understand the premises are held on a secure renewable lease, the present lease having approximately 8½ years unexpired at a rental of £15,000 p.a. exclusive of rates for the next 3½ years, with rent to be agreed thereafter.

Uniform Business Rates £5,000

RECOMMENDED FOR EARLY INSPECTION
Living accommodation:
The SPACIOUS living accommodation situated on 2 floors over we understand is shortly to be refurbished at the expense of the landlord. The accommodation comprises: 5 Rooms Bathroom with bath, w.c. and wash hand basin
Location:
High Street trading position, KENT

Expansion potential:
WE ARE INFORMED the turnover averages £4,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit we are advised in excess of 18%.
Reasons for selling:
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION (£12,000 approx. optional) SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Trading hours:
Sunday - Thursday inclusive - 10 a.m. - 9 p.m.
Friday & Saturday - 10 a.m. - 10 p.m.
Employees:
The business is at present operated by a husband and wife team on a part time basis with the assistance of 2 part time staff plus 1 further casual staff employed approximately 6 hours per week. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
Financing available:
Please call Nationwide Businesses who will be pleased to help you with finance


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