Off Licence in Kent For Sale

Situated in a parade, excellent trading position, KENT

Turnover £ 3,500
Price £40,000

Features

Confectionery, Tobacco, Full Free off Licence

SINGLE FRONTED SALES SHOP in the region of 400 sq. ft. sales area with wooden floor, concealed lighting. Serving counter, 2 touchscreen tills, double door glass fronted display fridge (on loan from Coca Cola), modern shelving, ice cream deep freezer, 2-2m open cool display units (used for soft drinks, wines & beers), single door glass fronted fridge (used for wines).

Stockroom

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £3,000 p.w. - £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 23%. The business has a free to use ATM machine plus Paypoint.

Staff

At present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

Monday - Saturday inclusive 7 a.m. - 11 p.m.
Sunday opening - 9 a.m. - 11 p.m.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2020 with reviews every 5 years (next review 2025) at a current rent of £15,000 p.a. + VAT We understand there is a current service charge of £220.00 every 6 months

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

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 20,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote