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Freehold Detached Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence With Sub Post Office

Undisclosed Kent
Residential area, KENT

ADVERT NUMBER : 53524
ADVERT IMPRESSIONS : 13,673 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Convenience Stores
SALE: Agent Sale

FREEHOLD:

£595000
 

BUSINESS DETAILS:

Features : Outstanding opportunity to acquire an old established Retail Business with Sub Post Office which has been in the same family since 1982.

Parking in front of shop for 7/8 cars

SPACIOUS SALES SHOP approx. 1,250 sq. ft. sales area with 2 air conditioning units, laminated strip floor, fluorescent lighting. The equipment includes 6 glass topped chest deep freezes, 4 upright double door drinks display fridges (2 owned plus 2 on loan, 1 from Lucozade and 1 from Pepsi Cola), 4 upright single door drinks display fridges (3 owned plus 1 on loan), modern adjustable shelving, display gondolas, 5 greeting card display stands (with drawers under), 2 revolving card stands (on loan), counter, 2 electronic cash registers. Post Office counter with anti-bandit screen (2 positions) etc.

Stockroom plus office
Staff cloakroom with w.c. and wash hand basin

Location : Residential area, KENT

Opening Hours : Monday - Saturday inclusive - 5 a.m. - 7.30 p.m.
Sunday opening - 5 a.m. - 12 noon only

Turnover : WE ARE INFORMED the turnover averages £10,500/£11,000 p.w. in our opinion offering tremendous potential for further increase in the right hands Wholesale newsbill £3,000 p.w. (approx. £1,700 p.w. of the newsbill is in respect of sub contracting to other businesses, including 1 filling station, 3 local railway stations, 1 hotel and 2 shops). Gross profit currently in the region of 18%. Post Office salary year ending 2009 £28,750 p.a. (including commission from the sale of on line national lottery tickets and scratchcards). In addition the business has Paypoint and we understand that this provides a commission of approx. £20 p.w.

Tenure : Uniform Business Rates: £3,800 p.a. approx. + water rates (metered)

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 28 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO RETIREMENT.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £595,000 plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Accommodation : The SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING, we understand could be let if not required to provide a rental income of approx. £1,000 per month. The spacious accommodation comprises:

4 Bedrooms (3 doubles, 1 single)
Bathroom with bath, wash hand basin
Separate w.c. plus shower room with shower, w.c. and wash hand basin
Large Lounge
Separate Dining Room
Spacious Kitchen/Breakfast Room

Included in the sale is a SELF CONTAINED FLAT, which is at present let on a shorthold tenancy and provides a rental income of £500 per month. This FLAT with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchenette

Outside : Garden with lawn

Staff : The business is a family run concern plus 1 full time staff employed.
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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