Business for sale

Business description

Excellent main road trading position, not far from railway station, Kent

We are informed the turnover averages £7,500/£8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £2,300 p.w. Gross profit 24% approx. In addition, the business is agents for bus passes and we understand that this provides a commission of approx. £150 p.w. In addition there is an ATM machine (owned) providing a commission of £90/£100 p.w.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,950 plus STOCK AT VALUATION (£20,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features single fronted sales shop approx. 400 sq. ft. sales area, newly fitted in August, 2007 at considerable expense. The equipment includes 3.75m open cool display unit, 1 glass topped chest deep freeze, ice cream deep freeze, new adjustable shelving, counter, scanning system with till etc.

Stockroom
Staff cloakroom with w.c. and wash hand basin

In addition, there is a loft area suitable for storage purposes

Staff The business is at present mainly staff operated with the vendor being at the business early mornings and 2 full time staff employed. It will be appreciated upon inspection that with a more active husband and wife team, the wage bill could be reduced. 20 morning newsrounds. Delivery charge £1.50 p.w.

Opening Hours 6 a.m. - 9 p.m. seven days per week

Tenure We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 19 years unexpired at a rental of only £4,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £500 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION


Reference : G5120