Newsagents Convenience Store & Off Licence In Maidstone For Sale

Business description

T/O £15,500+ PWK - PRIME TOWN CENTRE POSITION – HUGE SCOPE – 1,900 SQ/FT

BUSINESS – The business has been in the present hands for some 2 years and is now only being marketed as a result of the vendors wish to return to the restaurant trade.

TURNOVER - £15,000 - £16,000 PWK at 22 % G.P.

LOTTERY SALES - £2,800 PWK

PAYPOINT - £1,400 PWK NEWSBILL - £1,000 PWK

Property information

Property:

Leasehold

Lease terms:

New lease available RENT - £35,000 P.A. (3 year reviews)

Leasehold rent:

£35,000 per annum

Location:

Occupying a coveted trading location fronting a busy main street in the centre of Maidstone being amoungst all the multiple Stores, banks and Offices.

Premises details:

Imposing premises with extensive aluminium framed frontage and 2 entrances to: Retail Area: 1900 sq/ft, suspended ceiling, all round adjustable shelving, gondola displays, 2 large open drinks chillers, dairy cabinet, freezer cabinet, ice cream freezer, counter with 2 Epos cash registers. Digital CCTV, air con. Store Room: with delivery access. Office: Kitchenette: Staff W.C and W/basin.

OUTSIDE – Yard: 2 parking spaces. Delivery access at rear.

Business Operation

Trading hours:

7.00am - 11.00pm Mon - Sat
8.00am - 10.00pm Sun

Employees:

Vendor + 4 part timers WAGES - £600 PWK