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Newly fitted SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE

Price:
Freehold - £750,000
Leasehold - £150,000
Turnover:
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Seller Ref:
G6209
Location:

Kent

Business Type:

Retail businesses

See Other:
Supermarkets for sale in Kent
Off licences for sale in Kent
Confectioners for sale in Kent
Convenience stores for sale in Kent
General stores for sale in Kent
Retail businesses for sale in Kent
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : IMPRESSIVE SALES SHOP we understand in the region of 2,900 sq. ft. area. Newly fitted. Non-slip floor, ceiling with fluorescent lighting. The equipment includes counter, 2 tills with EPOS scanning system, cigarette gantry (on loan), modern adjustable shelving, 5 centre display gondolas, 3-tier ice cream deep freeze, 1-2m open cool display unit (used for juices, cheese, sausages etc), large (approx. 5m) open cool display unit (used for milk, dairy produce, sausages etc), 1 4-door upright display deep freeze, 2-2.5m open cool display units (1 used for soft drinks whilst the other is used for wines and beers), fully equipped in-store bakery including 4-deck baker's oven.

Small stockroom
Staff cloakroom with w.c. and wash hand basin

WE ARE ADVISED that the store commenced trading in 2011 and we understand the turnover is currently in the region of £17,000 p.w. in our opinion offering tremendous potential for further development, especially with the introduction of newspapers and magazines. We are further advised that the gross profit is in the region of 22%.

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease in respect of the shop at an initial rental of £32,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £8,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £750,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent trading position, KENT
Trading Hours:
6 a.m. - 12.30 a.m. seven days per week
Accommodation:
Available as an optional extra the present owner could make available a 2 Double Bedroom Flat over or to the rear of the business on a shorthold tenancy at a rental we understand of £595 per month.

Large yard at rear plus coldroom
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