Newsagents Tobacco Ices Soft Drinks Off Licence For Sale

Business description

SINGLE FRONTED SALES SHOP with new shop front in 2008, approx. 300 sq. ft. sales area, non-slip floor, suspended ceiling. Well fitted including counter, 2 tills with EPOS scanning, back office computer, 2 open cool display units (1 owned and 1 on loan from Coca Cola), ice cream deep freeze (owned), modern shelving. CCTV system with 6 cameras, 2 monitors plus recording.

Staff cloakroom with w.c. and wash hand basin

Basement ideal for storage plus office

Property information

Property:

Leasehold

Lease terms:

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £18,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £2,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Living accommodation:

The accommodation in the form of a SELF CONTAINED MAISONETTE over is at present let on a shorthold tenancy and provides a rental income of £1,000 per month, however, we understand that vacant possesion can be given on completion, if required. The accommodation with FULL GAS FIRED CENTRAL HEATING (new boiler), comprises: 3 Double Bedrooms (1 could readily be utilized as a Lounge) Bathroom with bath, w.c. and wash hand basin Kitchen with fitted units

Location:

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

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £7,500 p.w. in our opinion offering terrific potential for further increase, especially with the sale of wines, beers and spirits. Wholesale newsbill £800 p.w. Gross profit 22% approx. In addition we understand there is a further revenue of approximately £25 p.w. in respect of Paypoint commission.

Reasons for selling:

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£10,000/£12,000 approx) SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 6.30 a.m. - 7 p.m.
Sunday opening - 8 a.m. - 6 p.m.

Employees:

The business is at present staff operated. 2 full time staff employed. 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