Asking price: £37,500

Sales revenue: £192,400

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
SINGLE FRONTED MEDIUM SIZED SALES SHOP with attractive wooden shelving, 3.75m open cool display chiller (for wines and beers), 2 upright glass fronted drinks display fridges, centre display gondola, ice cream deep freeze (owned), counter, EPOS scanning system with till plus back-up office computer etc.

Office
Large Stockroom
Staff w.c.

Employees: The business is at present mainly staff operated with 1 full time staff plus 2 part time staff at weekends. The present owner only works in the business 1 day per week.

Trading hours: Monday - Saturday inclusive - 11 a.m. - 11 p.m. Sunday opening - 11 a.m. - 10.30 p.m.

Property: Leasehold

Lease terms
We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of £15,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years. Uniform Business Rates: £1,100 p.a. approx. (after small business relief) PERSONALLY INSPECTED AND HIGHLY RECOMMENDED MUST BE SEEN TO BE FULLY APPRECIATED

Living accomodation
The accommodation with FULL GAS FIRED CENTRAL HEATING comprises: 2 Bedrooms (1 double, 1 single) Bathroom with bath, w.c. and wash hand basin Large Lounge Kitchen with fitted units

Location
Situated in a parade, excellent main road trading position, residential area, KENT

Expansion potential
WE ARE INFORMED the turnover averages £3,700 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 24% approx.

Reasons for selling
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £37,500 plus STOCK AT VALUATION (£10,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.