Leasehold Conveneince Store With Post Office For Sale
Business for sale
Asking Price:
£125,000
Turnover:
£353,600
Annual profit:
£55,161
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
2
Employees:
No
Photos:
No
Ownership:
Limited company
Business description
Ref: n567City: tunbridge wells, kent united kingdom
Property: leasehold
Description
- the business is well established and has been in the present hands for some 2 years and is now only being marketed as a result of the vendors other business interests. Tremendous potential exists for the introduction of longer opening hours.
Turnover - we are advised that accounts show t/o averages £6,800 pwk @ 20% gp. Post office remuneration - £29,000 p.a. (Car tax agents) newsbill - £800 pwk (2 small rounds)
Premises - imposing parade premises with double frontage and single entrance to: retail area 925 sqft, vinyl tiled floor, all round display shelving, gondola display, counter with epos elect cash register, large freezer display, 2 twin door upright chillers, 1 single door drinks chiller, dairy cabinet, tobacco gantry, ice cream freezer, digital cctv. 2 Position post office counter: store room: sep. W.c and w/basin. Outside - yard: single garage:
Terms of the lease/leasehold
11 years remaining on original council lease. Rent - £3,500 pa (3 year reviews)
Location and property
these well appointed shop premises occupy a prime trading position fronting a busy secondary road, serving a well populated residential area on the outskirts of tunbridge wells. The business is unopposed.
Trading hours of business
7.00am to 7.00pm mon to sat (8.00am to 2.00pm sun)
