Business description
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 information
- 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
Business Operation
- 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.
Other information
- Financing available:
- Please call Nationwide Businesses who will be pleased to help you with finance