News-Agents With Off Licence For Sale

Business description

DOUBLE FRONTED SALES SHOP approx. 420 sq. ft. sales area with tiled floor. The equipment includes counter, computerised till, cigarette gantry (on loan), magazine display shelving, centre display gondola, open cool display unit, 2 upright glass fronted drinks display fridges (owned), ice cream deep freeze (owned), 2 greeting card display stands with drawers. CCTV system with 4 cameras, monitor plus recording.

Stockroom
Staff w.c. and wash hand basin

Property information

Property:

Freehold

Lease terms:

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £12,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £980 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 FLAT over comprises: 2 Bedrooms (1 double, 1 large single) Large Bathroom with bath, wash hand basin Separate w.c. Large Lounge Kitchen with fitted units

Location:

Situated end of parade of 3 shops, main road trading position, sought after residential area, KENT

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further development in the right hands. It should be noted that the off licence was only granted in May, 2008 and in our opinion there is tremendous potential to develop the sale of wines, beers and spirits. Wholesale newsbill £2,500 p.w.

Reasons for selling:

To Include The New Lease, Goodwill, Fixtures & Fittings £30,000 Plus Stock At Valuation (£8,000 Approx). Substantial Loan To An Approved Applicant Or Complete With The Valuable Freehold Property, Goodwill, Fixtures & Fittings £245,000 Plus Stock At Valuation (£8,000 Approx). Substantial Mortgage To An Approved Applicant

Trading hours:

Monday - Saturday inclusive - 7 a.m. - 6 p.m.
Sunday opening - 7 a.m. - 1 p.m.

Financing available:

Substantial Mortgage To An Approved Applicant