Refurbished Convenience Store in Kent For Sale

Situated in a parade, densely populated residential area, KENT

Turnover £ 4,500
Price £45,000

Features

Recently Refurbished Convenience Store and Off Licence Scope To Introduce, Oyster, National Lottery and Newspapers

DOUBLE FRONTED PREMISES (approx 450 sq ft). WITH ELECTRIC SHUTTERS, CCTV (6 cameras), Laminate flooring, suspended ceiling with LED lighting.

Sales counter, EPOS cash register, 4 single door fridges, 1 NEW 5 door fridge, 3 door freezer, ice cream freezer, vape display cabinets, under counter tobacco, adjustable 'slat wall' shelving, etc.

Door to storeroom - fully shelved.

Staff toilet with sink, and cupboard.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a Gross profit of 25% approx.

Potential to increase sales with owner management and the introduction of Oyster, National Lootery and newspapers.

Staff

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

Trading Hours

7 Day week
MONDAY - SATURDAY 10 a.m. - 11 p.m.
SUNDAY 10 a.m. - 10 p.m.

Licensed to open 8 a.m. - 11 p.m.

Outside

Yard to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2025 with reviews every 4 years (next review 2029) at a current rent of £12,000 p.a.

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

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote