Supermarket for sale in Ashford

Ashford, Kent


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Busy road, residential area, close to industry, KENT

WE ARE INFORMED the turnover currently averages £19,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £500 p.w. We are further advised the gross profit is in the region of 20%. The business also has an ATM machine which we understand provides a revenue of approximately £40 p.w. The business also has Paypoint & receives a commission of approximately £50 p.w. The business has also recently introduced the sale of scratch cards which in our opinion has terrific potential for further development.

We understand the premises are held on a secure renewable lease for a period of 20 years from 2008 at a current rental of £26,000 p.a. exclusive of rates up to June, 2017 with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £4,000 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 7 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

The living accommodation comprises:

Ground floor
Fitted kitchen
Tiled bathroom with corner bath, w.c. & wash hand basin

Stairs to first floor
2 Double Bedrooms plus small living room

Monday - Satuday inclusive - 6.30 a.m. - 9.30 p.m.
Sunday opening - 7 a.m - 9.30 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £220,000 plus STOCK AT VALUATION (£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £220,000
Tenure : Leasehold
Status: Available
Sectors:
Newsagents
Off Licences
Supermarkets
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