£19.000pw RETAIL STORE (SOLD)

Price:

Leasehold - £175,000

Seller Ref:

M26056Z

Location:

Kent

Business Type:

Retail businesses

See Other:

Homeware stores for sale in Kent
Discount stores for sale in Kent
Household goods shops for sale in Kent
General stores for sale in Kent
Other retail businesses for sale in Kent
Retail businesses for sale in Kent

Description:

THE BUSINESS:

Situated in a prime position in the centre of a busy market town in Kent. this large and impressive retail unit has approximately 8.000sqft of retail space to the ground floor and a further 5.000sqft of storage and office space to the upper floor.

The business was established in 2009 in a former Woolworths store. and sells a wide range of products including practical items for the home & garden. furniture. car accessories. toys. stationery. gifts and confectionery. The business is currently run by the owner along with 3 full-time and 4 part-time members of staff. and the opening hours are: Monday to Saturday: 9.00am 5.30pm & Sunday: 10.00am 4.00pm.

We are advised that average weekly takings are in the region of £19.000 with an overall gross profit margin of approximately 50%. The premises are held on a 15-year lease from 2009 at a current annual rent of £60.000. There is limited competition in the town centre and it is believed that there is still great potential to further develop the business. Most of the hard work in establishing the business has already been done and new owners could now take the business from strength to strength.

Leasehold £175.000. Ref: M26056Z

Full sales details available at www.emfgroup.com

Accommodation: