Kent Self Service Convenience Store CTN & Off Licence For Sale

Business description

SPACIOUS DOUBLE FRONTED sales shop probably in the region of 900 sq. ft. sales area. Tiled floor, suspended ceiling with concealed lighting. We understand the shop was refitted approximately 4 years ago. Counter, 1 till with EPOS scanning, 3-tier ice cream deep freeze, upright double door glass fronted display deep freeze, glass topped display deep freeze, 1-3.75m open cool display units (used for milk, dairy produce, soft drinks), 1-2.5m open cool display unit (used for beers), modern adjustable shelving, 2 centre display gondolas etc.

Stairs to cellar providing large store room with some racking, sink and drainer
Office
Staff cloakroom with w.c. and wash hand basin

Property information

Property:

Freehold

Lease terms:

Uniform Business Rates: £1,200 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Living accommodation:

The SPACIOUS accommodation DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises: 5 Double Bedrooms Bathroom with bath, w.c. bidet and wash hand basin In addition there is a shower room with shower, w.c. and wash hand basin Study Lounge Kitchen with fitted units

Location:

Situated in a terrace, main road trading position, residential area, KENT

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £10,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £400 p.w. Gross profit 22% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a further revenue of approximately £150 p.w. The business also has Payzone & E-Pay and we understand this provides a further revenue of approximately £35 p.w.

Reasons for selling:

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £495,000 plus STOCK AT VALUATION (£40,000/£50,000 approx). SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Trading hours:

Sunday - 7 a.m. - 10.30 p.m.
Monday - Thursday inclusive - 6 a.m. - 10.30 p.m.
Friday & Saturday - 6 a.m. - 11 p.m.

Employees:

The business is at present operated by a husband and wife team with the assistance of 2 part time staff.

Other information

Financing available:

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