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Reference G7579

General Store and Off Licence for sale in Kent

General Store and Off Licence for sale in Kent
General Store and Off Licence for sale in Kent Buy a General Store and Off Licence in Kent

Location

Situated in a parade, busy road, residential area not far from the sea front, KENT

Features

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Greeting Cards, Full Free off Licence Plus On Line National Lottery

The business has been in the same hands for the past 23 years and there are genuine reasons for sale.

DOUBLE FRONTED SALES SHOP probably in the region of 500 sq. ft. sales area with non-slip floor, suspended ceiling with concealed lighting & well equipped including counter, electronic cash register, 2-1.5m open cool display units (used for wines & beers), 1-3.75m open cool display unit (used for soft drinks, dairy produce, milk, sandwiches etc), modern shelving, 2 greeting card display stands with drawers under, stationery display section, Kleerex magazine display shelving, ice cream deep freezer etc.

Stairs to cellar with racking for storage purposes

Turnover

WE ARE INFORMED the turnover averages 7,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 800 p.w. We are further advised that the gross profit is between 18/20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 150 p.w. The business are also agents for a Parcel Collection & delivery service plus Paypoint & we understand this provides a further commission of approximately 50 p.w.

Accommodation

The SPACIOUS accommodation via the shop DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, shower, w.c. & wash hand basin
Large Lounge
Fully fitted kitchen

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 69,500 plus STOCK AT VALUATION (18,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 360,000 plus STOCK AT VALUATION (18,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

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