Profitable Freehold Kent CTN Convenience Store & Off Licence For Sale

Business description

Well fitted and SPACIOUS SALES SHOP approx. 850/900 sq. ft. sales area, ceramic tiled floor, suspended ceiling with concealed lighting. 2 air conditioning units. Counter, 2 touch screen computerised tills, modern adjustable shelving, 1-3.5m open cool display unit (used for beers and wines), 1 additional 3.5m open cool display unit (used for soft drinks plus milk), magazine display shelving, large greeting card display section, upright double door glass fronted drinks display fridge, photocopier (on loan) etc.

Small stockroom (not used)
Staff cloakroom with w.c. and wash hand basin

Property information

Property:

Freehold

Lease terms:

Uniform Business Rates: £3,500 p.a. approx.

THIS WELL ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2004 AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPPRECIATED

Living accommodation:

The SPACIOUS living accommodation in the form of a SELF CONTAINED MAISONETTE over is at present let on a shorthold tenancy and provides a rental income of £700 per month, however, we understand that vacant possession can be given on completion, if required. This SPACIOUS MAISONETTE fully DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises: First Floor Large Lounge Kitchen with fitted units Bathroom with bath, w.c. and wash hand basin Second Floor 3 Bedrooms (2 doubles, 1 single) Cloakroom with w.c. and wash hand basin

Location:

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

Business Operation

Expansion potential:

WE ARE INFORMED the turnover currently averages £15,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £3,000 p.w. Gross profit 22% approx. IN ADDTION THE BUSINESS IS AGENTS FOR THE SALE OF ON LINE NATIONAL LOTTERY TICKETS PLUS SCRATCH CARDS AND WE UNDERSTAND THIS PROVIDES A FURTHER INCOME OF APPROXIMATELY £400 P.W.

Reasons for selling:

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £675,000 plus STOCK AT VALUATION (£20,000 approx. plus news accounts). SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 4.30 a.m. - 8 p.m.
Sunday opening - 4.30 a.m. - 6 p.m.

Employees:

The business is at present operated by a lady vendor with the assistance of her son. 21 newsrounds. Delivery charge £2 p.w.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance