Card Shops for sale in Chatham

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Polly Franey (July 2015)
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Freehold Price: £239500 Leasehold Price: £65000 Annual Turnover: £17,500
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Business Description

BUSINESS - The business is well established, has been in the present hands for 8 years and is now only being marketed as a result of the vendors family commitments. Tremendous potential exists to expand the retail side of the business with the introduction of more trading lines/stock and longer opening hours.

TURNOVER – £300 PWK @ 50% GP.

POST OFFICE REMUNERATION – Under New Retail model will be a minimum of £17,500 P.A.

HOURS – 9.00am to 5.30pm Mon to Fri (Sat 9 - 12.30)

STAFF – Run by 1 owner and 1 part timer WAGES - £125 PWK

PREMISES – Semi detached premises with double aluminium frontage and single entrance to: Retail Area 500 sq/ft approx, display shelving, 2 Position Post Office Counter: Retail Post office Counter: Store Room: Staff W.C and W/basin. Kitchenette: st/stl sink.

LIVING ACCOMMODATION – Approached from separate front entrance. Comprising: First Floor: Kitchen: st/stl sink. Fitted wall and Base units. Lounge/Diner: Bedroom 1: Double Second Floor: Bathroom: full suite. Bedroom 2: Double.

OBSERVATIONS: The flat is let on an assured shorthold tenancy producing £500 PCM but could be vacant on completion.

OUTSIDE: Small Yard
Tenure: Freehold, Leasehold

Number of bedrooms: 2

Location Details:

These well appointed shop premises occupy a prime trading position fronting a busy main road on the outskirts of Chatham serving a well populated residential area. The business is unopposed.

Leasehold Term:

New 15 year lease RENT - £12,000 P.A. (3 year reviews)

Listed by: Apex Business Sales
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