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Reference G7602

Convenience Store with Off Licence in Kenley For Sale

Convenience Store with Off Licence in Kenley For Sale
Buy a Convenience Store with Off Licence in Kenley For Sale Sell a Convenience Store with Off Licence in Kenley For Sale

Register to see map and to make an appointment Situated in a parade, High Street trading position, SURREY KENLEY

Turnover 9,000
Price 50,000

Features

Well Fitted Self Service Convenience Store, Full Free off Licence Plus On Line National Lottery

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 850/900 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting. 1 air conditioning/heating unit. We understand the shop was refitted approximately 2 years ago. Modern adjustable shelving, 2-3.5m open cool display units (1 used for soft drinks whilst the other is also used for soft drinks, milk & dairy produce), 5m open cool display unit (2 units combined) used for wines & beers, 1 3-tier ice cream deep freezer, 2 upright glass fronted display deep freezers, 2 centre display gondolas, counter. 9 cameras, monitor plus recording etc.

Stockroom
Staff 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. We are further advised that the gross profit is in the region of 20%. The business is also agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 100 p.w. The business also has Oyster which we understand provides a further commission of approximately 70 p.w. There is also Paypoint which we understand provides a further revenue of approximately 50 p.w.

Staff

The business is at present operated by the vendor on a part time basis with the assistance of 3 full time staff.
It will be appreciated upon inspection that with a more active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Saturday inclusive - 8 a.m. - 11 p.m.
Sunday opening - 8 a.m. - 10.30 p.m.

Outside

Small yard at rear with access for deliveries

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 2 years unexpired at a rental of 20,750 p.a. exclusive of rates. We understand from the present tenant that a new longer lease is available at terms and rent to be agreed.

Uniform Business Rates: 5,600 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 12 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 50,000 plus STOCK AT VALUATION (25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 25,000 (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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