Convenience Store plus Post Office in Kent For Sale

Situated in a small parade, excellent trading position, residential area, next to school, and near to academy, KENT

Turnover £ 8,000
Post Office £ 12,000
Price £97,500

Features

Unopposed Convenience Store & Post office

FORECOURT WITH PARKING FOR 9 CARS

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 1,420 ft² with ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with LED lighting, combi sales counter, EPOS till, cigarette gantry, 3.75m open cool display unit, 2-2.5m open cool display units, ice cream freezer, 2.5m glass topped deep freezer, 2m glass topped deep freezer, modern adjustable shelving, ice cream machine, Slushi machine. CCTV system (15 cameras, 2 monitor (one 65" screen).

Stock room

Toilet with w.c. and wash hand basin.

Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,000 p.w. with a gross profit of 22% approx. POST OFFICE granted October 2021 income in the region of £12,000 p.a. approx. increasing. WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

PAY POINT £50 per week approx. (including Amazon, DPD etc)
INPOST £400 per year approx.
WESTERN UNION £20 per month approx.
DHL £30 per month approx.

Staff

The business is at present operated by a Father & Son team with family support

Trading Hours

7 Day week
MONDAY - SATURDAY 8 a.m - 8 p.m
SUNDAY 9 a.m - 8 p.m

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 27 years in 2020 with reviews every 3 years (next review 2023) at a current rent of £9,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £97,500 plus STOCK AT VALUATION (£35,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 48,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote