Business for sale

Business description

The business is well established and has been in the present hands since may 2006 and is now only being marketed as a result of the vendors commuting difficulties.

Turnover - we are advised t/o averages £5,000 pwk @ 20% gp. Plus lottery sales - £1,500 pwk newsbill - £900 pwk (no rounds)

Premises – parade premises with double frontage full shutters and single entrance to: retail area 500 sqft, vinyl tiled floor, news racking, all round display shelving, gondola display, counter with elect cash register, 2 ice cream freezers, dairy cabinet, 4 upright drinks chillers, tobacco gantry. Cctv. Air conditioning unit. Office: store room: w.c and w/basin. Adjoining garage: currently used for store room. Outside: delivery access at rear. Allocated parking to front for 2 cars.

Terms of the lease/leasehold
35 year lease from 30th sept. 1994. Rent - £5,500 pa (7 year reviews – next review 2008) rates - £900 p.a. Payable

Location and property
these impeccably presented shop premises occupy a busy position fronting a secondary road serving a well populated residential area on the outskirts of strood.

Trading hours of business
6.00am – 6.00pm mon - sat 7.00am – 1.00pm sun

Ref: n524