Business for sale

Business description

Description
Freehold news/con/tob/off lic/cards/lottery well established, having been in the present hands for some 8 years and now only being marketed as a result of the vendors requiring a change. Tremendous potential exists for the introduction of more off licence sales and longer opening hours.

Turnover – £5,800 pwk @ 22% g.p. Plus £1,900 pwk lottery sales newsbill - £1,050 pwk (5 rounds)

Premises – attractive single frontage and single entrance to retail area 425 sqft, all round adjustable shelving, 2 single upright chillers, ice cream freezer, tobacco gantry, elect cash register, greetings card display, air conditioning unit, news and magazine racking.

Location and property
these well appointed shop premises occupy a prominent trading position fronting a busy major road serving a well populated residential area of margate. There are 3 major schools nearby and a major hospital is 500 yards away.

Accommodation
arranged over ground and first floor: comprising: hallway: kitchen/diner: fitted wall and base units, sink. Lounge: bathroom: sep w.c. Bedroom 1: double - bedroom 2: double. Bedroom 3: single. Bedroom 4: single.

Observations - full gas fired central heating. Part upvc replacement double glazing. Outside - garden: to rear with lawn, flower and shrub borders. Patio area: shed: store shed:

Trading hours of business
5.30am – 6.30pm mon – fri 5.30am - 7.15pm weds and sat 6.30am - 12.00pm sun