Convenience Store for sale in Rochester

Rochester, Kent


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, busy road, sought after residential area, KENT

WE ARE INFORMED the turnover averages £7,500/£8,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 22% approx. We understand on line national lottery & scratch cards have recently been introduced.

We understand the premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of £14,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £1,200 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 4½ YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

The accommodation in the form of a SELF CONTAINED FLAT is at present let on a shorthold tenancy and provides a rental income of £7,000 p.a. however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:

2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen

Monday - Saturday inclusive - 9 a.m. - 11 p.m.
Sunday opening - 11 a.m. - 10 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,999 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £69,999
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Supermarkets
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