Business for sale

Business description

Situated in a parade, sought after residential area with the advantage of 2 schools plus college nearby plus attractive large park, Kent

We are informed the turnover averages £9,000/£10,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are informed the sales year ending 30th June, 2006 showed £566,350 with a gross profit of £170,288 and a net profit of £95,103.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION (£40,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features Service road in front of parde with no parking restrictions providing ideal customer's parking.

SPACIOUS SALES SHOP approx. 1,000 sq. ft. sales area with tiled floor, suspended ceiling, concealed lighting and well equipped including modern adjustable shelving, 3 large open cool display units (1 used for wines and spirits, 1 for soft drinks and juices, whilst the third is used for dairy products), counter, 2 electronic cash registers, upright double door drinks display fridge (on loan from Coca Cola), 2 ice cream deep freezes (owned),
2 large glass topped chest deep freezes, CCTV system with 13 cameras, 2 monitors plus recording etc.

Stockroom at rear with chest deep freeze
Staff cloakroom with w.c. and wash hand basin

Staff The business is a family run concern and no staff are employed

Opening Hours Monday - Saturday inclusive - 7 a.m. - 10 p.m.
Sunday opening - 10 a.m. - 10 p.m.

Outside Yard at rear with parking

Tenure We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of £18,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £4,500 p.a. approx. + water rates

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED SELF SERVICE CONVENIENCE STORE COMBINED WITH FULL FREE OFF LICENCE IN THIS SOUGHT AFTER AND SELECT RESIDENTIAL AREA.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : G5157