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Advert Ref: N688

CTN Cards Off Licence In Herne Bay For Sale

  • Herne Bay, Kent
Asking price:
£44,950
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

Lock up premises
Main road location
Turnover £5,000 PWK

LOCATION
Prominently situated fronting a busy main road on the outskirts of Herne Bay, serving a densely populated residential area, being only 0.5 miles from the town centre.

BUSINESS
Well established, having been in the present hands for 12 years. The business is now only being marketed as a result of the vendors Family interests. Tremendous potential exists for longer opening hours and the introduction of Newsrounds.

TURNOVER
£5,000 PWK @ 25% GP. PAYPOINT SALES: £2,000 PWK

Lottery Sales - £1,500 PWK

NEWSBILL
£800 PWK (No Rounds)

HOURS
6.30am - 7.00pm Mon to Sat 6.30am - 12.00pm Sun

PREMISES
Mid Parade premises with double frontage. Retail Area: 623 sq/ft. all round display shelving, gondola display, magazine racking, greetings card displays, 3 single door upright chillers, counter with electric cash register, ice cream freezer, air con unit. Store Room: Sep. W.C. W/basin. Staff Room:
OUTSIDE – Yard: Delivery access. 4 Parking spaces to front.

TENURE
4 years remaining on original 16 year lease. RENT - £9,000 PA (4 year reviews)

BUSINESS RATES
None payable

Property:
Leasehold

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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