BUSINESS - Well established, having been in the present hands for 30 years and now only being marketed as a result of the vendors wish to retire. Tremendous potential exists for longer opening hours and the introduction of convenience grocery lines and an off licence.
TURNOVER - Accounts show £5,000 PWK @ 24% GP.
Plus £14,000 P.A. (Paypoint and Lottery commission)
NEWSBILL - £2,000 PWK (8 Rounds)
HOURS – 6.00am - 6.00pm Mon to Sat (7.00pm close lottery nights)
6.00am - 1.00pm Sun
PREMISES – Mid Parade premises with double aluminium frontage. Retail Area: 650 sq/ft. all round display shelving, gondola display, magazine racking, greetings card displays, 2 single door upright chillers, counter with electric cash register, ice cream freezer. Store Room: Office: Sep. W.C. W/basin.
LIVING ACCOMMODATION – Self contained flat approached via sep. front entrance. Comprising: Lounge: Kitchen: 2 Double Bedrooms: Bathroom: NOTE: The flat is sublet on an AST producing £800PCM.
TENURE – New 12 year lease RENT - £16,000 PA (4 year reviews)
RATES – Nil currently payable EPC Rating – Band D
Number of bedrooms: 2
Prominently situated fronting a busy main road close to the centre of Sidcup, serving a densely populated residential area.
New 12 year lease RENT - £16,000 PA (4 year reviews)
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