Well Established And Spacious Greeting Cards, Stationery, Garden Equipment, Household Goods Slight Confectionery, Small Toys, Key Cutting | | Undisclosed Kent | | Situated in a Parade, excellent main road trading position, residential, office and commercial area, Kent. | | ADVERT NUMBER : 47122
ADVERT IMPRESSIONS : 27,984 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Discount Stores | | SALE: | Agent Sale | LEASEHOLD: | £75000 | | | | | BUSINESS DETAILS: | Features : SUMMARY:
• PRICE (LEASEHOLD) £75,000
• 6 DAYS OPENING
• GROSS PROFIT 50%
• TURNOVER £4,000p.w.
DESCRIPTION:
The business is situated in an excellent main road trading position with the advantage of a large development being undertaken opposite, which we understand will be a Tesco Store plus approx. 60 flats being built.
Small forecourt area utilized for display purposes to -
IMPRESSIVE & SPACIOUS SALES SHOP in the region of 1,200 sq. ft. sales area, suspended ceiling with concealed lighting. Counter, electronic cash register, slats to walls, modern adjustable shelving, 11 greeting card display stands with drawers under, gift wrapping section, display stands etc.
Stairs to mezzanine floor comprising large storage area with racking
Kitchen area
Staff w.c.
Location : Situated in a Parade, excellent main road trading position, residential, office and commercial area, Kent.
Opening Hours : 6 Day week (Monday - Saturday) 9am - 5.30pm
Turnover : WE ARE INFORMED the turnover averages £4,000/£5,000 p.w. in our opinion offering tremendous potential for further increase under personal supervision. We are advised that the business enjoys an excellent sale of greeting cards. Gross profit 50% approx.
Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 18 years full repairing and insuring lease at a rental of £25,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. (Please note the vendor is quite happy to consider granting a shorter lease or longer lease, if desired).
Uniform Business Rates: £5,500 p.a. approx. at present
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION (£50,000/£60,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : At present staff operated. 2 full time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
