Spacious Kent Convenience Store CTN & Off Licence For Sale

Business description

NO PARKING RESTRICTIONS Free Public Car Park nearby

SPACIOUS SALES SHOP probably in the region of 1,000 sq. ft. sales area plus large rear area mainly used for preparation and storage, in our opinion could be incorporated into the sales area, if desired.

2 Large stockrooms
Office
2 Staff cloakrooms with w.c. and wash hand basins

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable Council lease, the present lease expiring in 2014 at a current rental of £12,000 p.a. exclusive of rates. We further understand that the landlords will consider a surrender of the existing lease and the granting of a new longer lease at terms and rent to be agreed.

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1985 AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Living accommodation:

The SPACIOUS living accommodation in the form of a SELF CONTAINED FLAT over, comprises: 3 Bedrooms (1 large double with fitted wardrobes, 2 additional doubles) Shower room with shower, w.c. and wash hand basin plus separate cloakroom with w.c. and wash hand basin Large Lounge Large Kitchen Conservatory

Location:

Residential estate, KENT

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages in the region of £8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. The business is situated in an expanding residential area with houses being built nearby. Wholesale newsbill £350 p.w. Gross profit we are advised in the region of 24% approx. In addition the business has Paypoint and we understand this provides a commission of approximately £20 per week.

Reasons for selling:

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive 7.30 a.m. - 8 p.m.
Sunday opening - 7.30 a.m. - 2 p.m.

Employees:

At present operated by the vendor with family help

Other information

Financing available:

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