Profitable Freehold Self Service Convenience Store News Confectionery Tobacco Full Free Off Licence Plus On Line National Lottery For Sale

Business description

SPACIOUS WELL FITTED SALES SHOP approx. 750 sq. ft. sales area. Suspended ceiling with concealed lighting. The shop we understand was refitted approx. 2 years ago. Counter, 2 electronic cash registers with scanning, modern adjustable shelving, 2 large glass sliding topped chest display deep freezes, 1 ice cream deep freeze, 1-3.75m cool display unit, 2 upright double door drinks display fridges (owned), display gondola, 2 greeting card display stands with drawers, photocopier (on loan) etc.

Office/storeroom
Additional stockroom
Staff cloakroom with w.c. and wash hand basin

Property information

Property:

Freehold

Lease terms:

Uniform Business Rates: £2,000 p.a. approx. + water rates

OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS FREEHOLD PROPERTY COMBINED WITH LUCRATIVE SELF SERVICE CONVENIENCE STORE, WHICH IN OUR OPINION HAS FURTHER POTENTIAL IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Living accommodation:

The SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING and DOUBLE GLAZING comprises: First Floor Kitchen with fitted units Lounge Second Floor 1 Double Bedroom Bathroom with bath, w.c. and wash hand basin Adjoining accommodation with internal access comprises: First Floor Additional Kitchen 2 Bedrooms (1 double, 1 single) Second Floor 2 Additional Bedrooms (1 double, 1 single) Additional Bathroom with bath, w.c. and wash hand basin

Location:

Spacious terraced property, main road trading position, densely populated residential area, KENT

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £14,000/£15,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,500 p.w. Gross profit 20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approx. £120 p.w. In addition, the business has Paypoint and we understand this provides a further commission of approx. £65 p.w.

Reasons for selling:

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £495,000 no offers plus STOCK AT VALUATION SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 6 a.m. - 10 p.m.
Sunday opening - 6.30 a.m. - 9 p.m.

Employees:

The business is at present operated by the vendor with the assistance of 1 full time and 3 part time staff. 3 morning newsboys. Delivery charge £1.25 p.w.

Other information

Financing available:

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