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Reference G7732

Convenience Store in Maidstone For Sale

Convenience Store in Maidstone For Sale
Buy a Convenience Store in Maidstone For Sale Sell a Convenience Store in Maidstone For Sale

Register to see map and to make an appointment Excellent trading position, KENT MAIDSTONE

Turnover 9,000
Price 65,000

Features

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence

SPACIOUS SINGLE FRONTED SALES SHOP probably in the region of 1,200 sq. ft. sales area with suspended ceiling, concealed lighting. The equipment includes shelving, ice cream deep freezer (owned), double door glass fronted display deep freezer, 2 open cool display units, modern adjustable shelving, counter, 2 tills with EPOS scanning system etc.

First floor large stockroom
2 staff cloakrooms each with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 9,000/10,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 500 p.w. We are further advised that the gross profit is in the region of 25%.

Staff

The business is at present mainly staff operated. Staff employed 2 full time plus 2 part time staff.

Trading Hours

Monday - Thursday inclusive - 7 a.m. - 10 p.m.
Friday & Saturday opening - 7 a.m. - 12 midnight
Sunday opening - 7 a.m. - 8 p.m.

Outside

Yard.
Shared parking at rear for up to 10 cars

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of 20,000 p.a. exclusive of rates up to 2021 with rent to be agreed thereafter.

Uniform Business Rates: 6,700 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 65,000 plus STOCK AT VALUATION (20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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