Prime Location Convenience Store in Kent For Sale

Situated in a parade, excellent main road trading position, KENT

Turnover £ 1,000
Price £20,000

Features

Prime Location Convenience Store offers A Variety of Food, Drinks, and Boutique Items Imported From Japan, Korea, Hong Kong, Taiwan, Thailand, and Other Asian Countries

NEWLY FITTED 2022

SINGLE FRONTED PREMISES in the region of 1,060 ft² with laminated strip floor, suspended ceiling with LED Panel lights, Air conditioning with hot air, sales counter, cash register, modern adjustable shelving, drinks display fridges (glass fronted upright double-door).

Stock room.

Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,000 p.w. with a Gross profit of 30% approx.

Staff

The business is at present operated by the vendor with 1 full time staff employed.

Trading Hours

7 Day week
MONDAY - SATURDAY 9.30am - 6.30pm
SUNDAY 1pm - 5pm

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (vendor) granted for 15 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £28,500 p.a.

Business Rates from April 2025 £5,613 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION (£30,000 APPROX.)
LOAN TO AN APPROVED APPLICANT.