The business has been in the same hands for the past 23 years and there are genuine reasons for sale.
DOUBLE FRONTED SALES SHOP probably in the region of 500 sq. ft. sales area with non-slip floor, suspended ceiling with concealed lighting & well equipped including counter, electronic cash register, 2-1.5m open cool display units (used for wines & beers), 1-3.75m open cool display unit (used for soft drinks, dairy produce, milk, sandwiches etc), modern shelving, 2 greeting card display stands with drawers under, stationery display section, Kleerex magazine display shelving, ice cream deep freezer etc.
Stairs to cellar with racking for storage purposes.
Turnover : £6,500/£7,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £800 p.w. We are further advised that the gross profit is between 18/20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £150 p.w. The business are also agents for a Parcel Collection & delivery service plus Paypoint & we understand this provides a further commission of approximately £50 p.w.
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £420,000 plus STOCK AT VALUATION (£18,000/£20,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Monday - Saturday inclusive - 7 a.m. - 7.30 p.m.
Sunday opening - 7 a.m. - 6 p.m.
Number of Employees:
The business is at present operated by a husband & wife team. In addition they employ 2 part time persons for shop filling. 3 newsrounds. Delivery charge £2 p.w.
Number of bedrooms: 3
The SPACIOUS accommodation DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:
3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, shower, w.c. & wash hand basin
Fully fitted kitchenRear enclosed garden with shed
Situated in a parade, busy road, residential area not far from the sea front, KENT
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