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Highly Profitable Village Newsagents
Price:
Leasehold - £95,000
Seller Ref:
DBX3069987
Location:
Kent , Wingham
Business Type:
Commercial Property, Retail businesses
See Other:
Confectioners for sale in Kent
General stores for sale in Kent
Newsagents for sale in Kent
Retail space for sale in Kent
Retail businesses for sale in Kent
Commercial property for sale in Kent
Description:
THE BUSINESS:
O.I.R.O £95,000 For The Leasehold Business Interest
Viewing contact Elgars on
Telephone 01227 720557 Email: info@elgars.uk.com
An established retail business in the centre of Wingham on the A257, between Canterbury and Sandwich. Nearby businesses include a post office, bakery, dentist, general stores and inn.
Current Turnover £276,000 pa
G/P Approx 31%
N/P Approx 18%
Trading Hours.
Monday/Friday 5am – 5pm
Saturdays 5am – 2pm
Sundays 5am – 12pm
Accommodation Sq. Ft
Shop Floor 318
Store 54.5
Cloakroom 12.5
Rates 2011/12 Payable £0.00 After small business relief
Terms: The current proprietor is seeking a purchaser of the business, established goodwill, stock at valuation and an assignment of the existing lease on the following terms:-
21 years from the 25th April 1995 on tenants full repairing and insuring terms with three yearly rent reviews. Current rent £2,300 pa exc. Next review May 2013.
Trading Hours:
Monday/Friday 5am – 5pm Saturdays 5am – 2pm Sundays 5am – 12pm
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