Summary
- Asking price:
- £25,000
- Sales revenue:
- £249,600
- Cash flow:
- Available on request
- Employees:
- The business is at present operated by a husband and wife team on a part time basis with the assistance of 2 part time staff plus 1 further casual staff employed approximately 6 hours per week. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
Business description
DOUBLE FRONTED MEDIUM SIZED SALES SHOP with woodstrip floor, counter, till with scanning system, 2 double door glass fronted drinks display fridges (owned), 2 single door glass fronted drinks display fridges, shelving etc.
Storeroom with glass fronted storage fridge
Property information
- Property:
- Leasehold
- Lease terms:
- We understand the premises are held on a secure renewable lease, the present lease having approximately 8½ years unexpired at a rental of £15,000 p.a. exclusive of rates for the next 3½ years, with rent to be agreed thereafter.
Uniform Business Rates £5,000
RECOMMENDED FOR EARLY INSPECTION
- Living accommodation:
- The SPACIOUS living accommodation situated on 2 floors over, all recently refurbished at the expense of the landlord. The accommodation comprises:
3 Bedrooms
Bathroom with bath, w.c. and wash hand basin
Living Room
Fitted Kitchen
- Location:
- High Street trading position, KENT
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £4,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit we are advised in excess of 18%.
- Reasons for selling:
- TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION (£12,000 approx. optional)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- Sunday - Thursday inclusive - 10 a.m. - 9 p.m.
Friday & Saturday - 10 a.m. - 10 p.m.
- Financing available:
- Please call Nationwide Businesses who will be pleased to help you with finance
Contact the seller
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