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Leasehold convenience store/off licence for sale in Maidstone Kent with growth potential

Maidstone, Kent
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LEASEHOLD 
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LEASEHOLD 
CONVENIENCE STORES/OFF LICENCELEASEHOLD 
CONVENIENCE STORES/OFF LICENCELEASEHOLD 
CONVENIENCE STORES/OFF LICENCELEASEHOLD 
CONVENIENCE STORES/OFF LICENCE
  • Leasehold: £34,950 (Stock at valuation)
  • Turnover: Not Applicable
  • Profit: Not Applicable

Key Features

  • Well-equipped convenience store

Business Details

LEASEHOLD CONVENIENCE STORES OFF LICENCE

ADVERT TEXT
LEASEHOLD
CONVENIENCE STORES/OFF LICENCE

LOCATION
These well appointed, refurbished and refitted premises occupy a prominent trading location close to the centre of Maidstone, serving a well populated residential area close to several secondary schools.

BUSINESS
Well established having been in the present hands for some 2 years and now only being marketed as a result of the Vendors other business interests and his relocation to Bristol. The business is completely staff run, offering an owner operator tremendous potential to develop. A more diverse range of Stock would we feel help to boost trade significantly.

TURNOVER
We are advised turnover averages £2,500 - £3,000 PWK @ 40% G.P.

HOURS
10.00am to 10.00pm ( 7 Days)

PREMISES
Mid parade premises with double frontage and single entrance to Retail Area: 323 sqft, tiled floor, suspended ceiling, all round display shelving, freezer display, dairy display, drinks display, counter, EPOS till. Store Room: Staff W.C and W/basin. Kitchenette: Office: Outside: 1 Parking space to rear.

TENURE
Approx 14 years remaining on a 15 year lease. RENT - £12,000 P.A (5 year reviews)

EPC RATING
Band F

BUSINESS RATES
Nil currently payable

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'LEASEHOLD CONVENIENCE STORES OFF LICENCE - N997 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.