Convenience Store plus Off Licence in Kent For Sale

Situated in a parade, excellent trading position, opposite main bus stop, town centre, KENT

Turnover £ 14,500
Price £210,000

Features

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

SPACIOUS SINGLE FRONTED SALES SHOP in the region of 800 sq. ft. sales area with quality non-slip floor, suspended ceiling with concealed lighting. The equipment includes 2 display gondolas, modern adjustable shelving, magazine display shelving, counter, 2-3.75m open cool display units, large glass topped chest display deep freezer, 3-tier ice cream deep freezer etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £14,500 p.w. in our opinion offering tremendous potential for further increase in the right hands, Wholesale newsbill £350 p.w. We are further advised that the gross profit is in the region of 20%. The business is agents for the sale of on line national lottery tickets plus scratchcards & this we understand provides a commission of approximately £125 p.w. The business also has Paypoint/Pay Zone provides a commission of approximately £100 per month.

Staff

The business is at present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

6 a.m. - 11 p.m. seven days per week

Accommodation

FLAT with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, shower over bath, w.c. & wash hand basin
Lounge
Kitchen

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE LEASE from a private landlord, granted for 10 years in 2021, reviews every 5 years at a current rent of £22,000 p.a.

Uniform Business Rates 2025: £6,500 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL FITTED SELF SERVICE CONVENIENCE STORE, COMBINED WITH COUNTER NEWS & FULL FREE OFF LICENCE IN THIS EXCELLENT TRADING POSITION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £210,000 plus STOCK AT VALUATION (£40,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 105,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote