Supermarket for sale in Kent

Kent


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Sought after village, KENT.

WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering further potential to increase in the right hands. The premises also have the advantage of a sub post office & we understand the post office salary is in the region of £30,000, however we understand Post Office Counters have stated that they wish to convert the sub post office into a Post Office Local & we are informed by the present owners that the post office income is likely to be in the region of £18,000/£20,000 p.a. We are further advised that the sales year ending 31st March, 2015 showed £327,843 with an overall gross profit of £109,144 (including post office salary of £29,824).

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease in respect of the shop with accommodation at a rental of £22,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years. (Please note that should the accommodation not be required, the vedors are also prepared to consider granting, subject to satisfactory references, a new 15 years full repairing and insuring lease in respect of the shop only (excluding the living accommodation) at a rental of £12,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable at present after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 12 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

The SPACIOUS living accommodation, all in VERY GOOD CONDITION, fully CARPTED, DOUBLE GLAZED 7 with FULL GAS FIRED CENTRAL HEATING, 16 SOLAR PANELS on roof, comprises:

4 double bedrooms (No. 1 - 14ft x 14ft. No. 2 - 14ft x 14ft. No. 3 - 12ft 6 x 15ft 6 No. 4 - 8ft x 15ft 6)
Fully tiled bathroom with bath, separate shower unit, w.c. and wash hand basin
Lounge - 14ft x 14ft with gas coal effect fire
Separate dining room - 14ft x 14ft with open fireplace
Large hall with dining are/study
Fully fitted kitchen with breakfast room
Cloakroom with w.c. & wash hand basin

Monday - Saturday inclusive - 7 a.m. - 9 p.m.
Sunday opening - 9 a.m. - 7 p.m.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION (£30,000/£35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £120,000
Tenure : Leasehold
Status: Available
Sectors:
General Stores
Off Licences
Post Offices
Supermarkets
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