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Advert Ref: N908

Convenience Stores In Gillingham For Sale

  • Gillingham, Kent
Asking price:
£89,950
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

WELL ESTABLISHED
MAIN ROAD LOCATION
T/O £9,000 PWK

LOCATION
Prominent corner position fronting a busy main road and serving the surrounding densely populated residential area.

BUSINESS
This is a well established business which has been in the present hands for 6 years and which is now only being marketed as a result of other business interests.

TURNOVER
We are informed the turnover averages £8,750 - £9,000 pwk @ 20% GP + Lottery sales £1,250 pwk + Paypoint.

NEWSBILL
£350 pwk (Counter sales only)

STAFF
Vendor plus 1 part timer.

HOURS
7.00am - 9.00pm Mon to Fri
7.30am - 9.00pm Sat
8.00am - 9.00pm Sun

PREMISES
Imposing corner premises with double frontage. Retail Area Approx 1,200 sq/ft. with suspended ceiling, tiled flooring, all round display shelving and display gondolas, Counter with electric cash register, confectionary displays and tobacco cabinet, CCTV system with monitors, 3 large refrigerated display units, 2 chest/display freezers with glass doors above, gift card display, news display - Store Room 1: Shelved - Store Room 2 Shelved - Staff W.C. with H/wash basin to be installed by vendor.

TENURE
New 20 year lease to ingoing tenant. Rent £16,000 pa (5 year reviews)

EPC RATING
TBA

BUSINESS RATES
£2,600 pa (Payable)

Property:
Leasehold

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

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