Well Fitted Kent Convenience Store & Off Licence For Sale

Business description

SINGLE FRONTED SALES SHOP with modern shop front and electric shutters, approx. 600 sq. ft. sales area. Air conditioning. Suspended ceiling with concealed lighting. Fully equipped including 1 glass topped chest display deep freeze, 3 open cool display units, 1 single door glass fronted display fridge, modern adjustable shelving, centre display gondola, counter, electronic cash register. CCTV system with recording and monitor etc.

Large stockroom
Staff cloakroom with w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

We understand the shop premises are held on a 20 years lease from January, 2006 at a rental of £9,600 p.a. exclusive of rates up to January, 2011, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £3,620 p.a.

RECOMMENDED FOR EARLY INSPECTION

Living accommodation:

The accommodation in the form of a SELF CONTAINED FLAT over is available as an optional extra on a shorthold tenancy from the same landlord and to include a large garage at rear at a current rental of £8,400 p.a. The SELF CONTAINED FLAT, fully DOUBLE GLAZ

Location:

Situated in a parade, excellent main road trading position, close to Railway Station, KENT

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering further potential to increase in the right hands. We are advised by the venor the gross profit is in the region of 28%.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£13,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Friday inclusive - 7 a.m. - 10 p.m.
Saturday opening - 8 a.m. - 10 p.m.
Sunday opening 11 a.m. - 10 p.m.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.