Profitable newly fitted self service convenience store, counter news, confectionery, tobacco, full free off licence
Business for sale
Asking Price:
£120,000
Turnover:
£572,000
Annual profit:
£102,616
Audited accounts:
Yes
Management accounts:
Yes
Business description
Situated in a parade, excellent main road trading position, KentTurnover WE ARE INFORMED the turnover averages £11,000 p.w. increasing, in our opinion offering tremendous potential for further increase in the right hands. Gross profit 23% approx.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION (£30,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features Impressive single fronted SALES SHOP with new shop front, new facia, electric shutters. Approx. 600 sq. ft. sales area. Air conditioned. Attractive tiled floor, suspended ceiling with concealed lighting. The equipment includes modern adjustable shelving, centre display gondola, 2 upright single door drinks display fridges (owned), 2 large open cool display units (on loan from Coca Cola), additional open cool display unit for dairy produce (owned), ice cream deep freeze (owned). CCTV system with 5 cameras, DVR system plus 1 monitor.
Large stockroom with shelving, chest deep freeze
Staff cloakroom with w.c. and wash hand basin
Staff The business is at present staff run. Staff employed 2 full time plus 1 part time staff.
Opening Hours Monday - Saturday inclusive - 7 a.m. - 10.30 p.m.
Sunday opening - 10 a.m. - 10 p.m.
Accommodation The accommodation available as an optional extra in the form of a SELF CONTAINED FLAT over on a shorthold tenancy from the same landlord at a rental of £750 per month. FULLY DOUBLE GLAZED and has FULL GAS FIRED CENTRAL HEATING, comprises:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen with fitted units
Tenure We understand the shop premises are held on a new 20 years lease from January, 2006 at a rental of £9,600 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
RECOMMENDED FOR EARLY INSPECTION
Reference : G4739
Employee details
Fulltime staff:
2
Parttime staff:
1
