Discount Shop For Sale

Business description

SPACIOUS SINGLE FRONTED SALES SHOP with carpet tiled floor, fluorescent lighting. The equipment includes modern adjustable shelving, display stands, counter, electronic cash register, CCTV system with 8 cameras, 1 monitor plus DVD recording etc.

Small Stockroom
Staff cloakroom with w.c. and wash hand basin

Property information

Lease terms:

We understand the premises, including the accommodation over, is held on a secure renewable lease having approximately 7½ years unexpired at a rental of only £20,000 p.a. exclusive of rates for the next 2½ years, with rent to be agreed thereafter. (As will be appreciated at the present time, with the rental income from the accommodation, there is a profit rental of £400 p.a).

Uniform Business Rates: £4,700 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION

Living accommodation:

The spacious SELF CONTAINED accommodation with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy as individual rooms per person and provides a total rental income at the present time of £20,400 p.a. The accommodation comprises: 4

Location:

Situated in a parade, excellent main road trading position, KENT

Other information

Expansion potential:

WE ARE INFORMED the turnover £3,800/£4,200 p.w. (including cigarette sales in the region of £600 p.w) in our opinion offering tremendous potential for further increase in the right hands. Gross profit 45% approx.

Reasons for selling:

To Include The Secure Lease, Goodwill, Fixtures & Fittings £32,500 Plus Stock At Valuation (£12,500 Approx). Substantial Loan To An Approved Applicant

Trading hours:

Monday - Saturday inclusive - 9 a.m. - 6 p.m.Sunday opening - 9.30 a.m. - 4.30 p.m.

Financing available:

Substantial Loan To An Approved Applicant.

Contact the seller