Convenience Store for sale in Gravesend

Gravesend, Kent


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Residential area, KENT

WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £100 p.w. (not direct supplies). We are further advised by the vendor that the gross profit is in the region of 25%. In addition the business has Western Union which we understand provides a commission of £40/£50 per month. In addition the business has Paypoint & we understand this provides a further commission of approximately £100 per month.

We understand the premises are held on a secure renewable lease, the present lease having approximately 30 years unexpired at a rental of £21,000 p.a. exclusive of rates up to April, 2020 with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil with 100% small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

The SPACIOUS living accommodation DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING with laminated strip floors, comprises:

3 Double Bedrooms
Bathroom with bath, separate shower, wash hand basin
Separate w.c.
Large Lounge

Ground Floor
Additional Lounge/Dining room
Fitted kitchen

Monday - Saturday inclusive - 6 a.m. - 9.30 p.m.
Sunday opening - 8 a.m. - 9 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £68,000 plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £68,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Supermarkets
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