Convenience Store for sale in Kent ME10 Ref No: 21314
A rare opportunity to acquire an established thriving Convenience Store with three bed room accommodation above, just newly refurbished which can be used for self-accommodation or can fetch a rent of £750P.M. On prominent location connecting to A2, M2. Trading for over 25 years. Due to the limited trading hours it poses an excellent opportunity for business growth, need full time management.
Overview: Situated on West Street and connecting to the residential location, attracts passing trade, having visibility. There is a broad customer base with good customer relations there to attracting a strong goodwill. The business Turn Over can exceed beyond £7000 a week from shop sales, pay point commission £60 P.W, Lottery £100 P.W, Parcel services £ 300 P.M with the increase of trading hours and introduction of new lines can easily increase the business turn over.
The Premises: Double fronted shop with trading floor of 500 sqft approx. and rear storage space of 300sqft approx. with the rear garden. All new fixtures and fittings in good condition. The shop is equipped with CCTV, electric shutter, with fridge, equipment and fittings included. The three bedroom accommodation is also been recently refurbished.
Timings: Opening hours From Monday to Friday 05.30 A.M – 05.30 P.M and Saturday 06.00 A.M to 05.00 P.M, Sunday 06.A.M – 12.00 A.M.
Financials and Price: The business is marketed for £70000 plus stock. It includes the goodwill, fixtures & fitting. The business is turning over £7000 per week. The rent is £11100 per annum. Benefiting from small business relief there are at present no rates to pay.
Tenure: Leasehold (12 years lease)
Monday to Friday 05.30 A.M – 05.30 P.M
Saturday 06.00 A.M to 05.00 P.M,
Sunday 06.A.M – 12.00 A.M.
Leasehold (12 years lease)