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CONVENIENCE STORES/OFF LIC

Price:
Leasehold - £110,000
Turnover:
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Seller Ref:
N705
Location:

Kent , Herne Bay

Business Type:

Retail businesses

See Other:
Convenience stores for sale in Kent
General stores for sale in Kent
Off licences for sale in Kent
Retail businesses for sale in Kent
Description:
THE BUSINESS:
PRIME MAIN ROAD LOCATION – 3 BED FLAT AVAILABLE

BUSINESS - Well established, having been in the present hands for 7 years. The business is now only being marketed as a result of the vendors other business interests. Tremendous potential exists for the introduction of Newsrounds.

TURNOVER - £12,000 PWK @ 28% GP.

PREMISES – End Parade premises with new double frontage. Retail Area: 460 sq/ft. Suspended ceiling, 2 air con units, twin door dairy chiller. 4 twin door drinks chillers, 3 single door drinks chillers, all round display shelving, gondola display, magazine racking, greetings card displays, counter with electric cash register, ice cream freezer. Small Store Room: Sep. W.C. W/basin. (3 Large store rooms available if required under separate tenure)
Location Details:
Prominently situated fronting the High Street of Herne Bay, being close to all the multiple stores and banks and serving a densely populated residential area.
Lease Terms:
New 15 year lease to be granted to incoming tenant RENT - £15,000 P.A (3 year reviews) Lock up shop only. £23,000 P.A. (3 year reviews) For Shop, Flat and additional store area.
Trading Hours:
8.00am – 11.00pm Mon to Fri 9.00am - 10.30pm Sun
Accommodation:
Self contained 3 Bedroom flat (available under separate tenure)
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