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Advert Ref: N854

Established Lighting Shop In Rochester For Sale

  • Rochester, Kent
Asking price:
£145,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

HIGH STREET LOCATION
2,440 SQFT RETAIL AREA
RETIREMENT SALE AFTER 38 YEARS!
TURNOVER £205,000 PA EX. VAT

LOCATION
These imposing, premises occupy a coveted trading location in the centre of the historic Kent town of Rochester. The premises enjoy tremendous footfall and are approx. 200m from Rochester mainline Station. The business has a tremendous reputation and draws trade from all over Kent.

BUSINESS
Well established, having been in the present hands for some 38 years and now only being marketed as a result of the Vendors wish to retire.

TURNOVER
£205,000 P.A @ 60% GP (Ex. VAT)

HOURS
9.00am to 5.30pm - Mon to Sat 10.00am to 3.30pm - Sun

PREMISES
Mid terrace premises. Attractive double frontage and single entrance to: Ground Floor Retail Area: 1,640 sqft, all round display shelving, counter, elect cash register. First Floor Retail Area: 800sqft. Second Floor: 450sqft. Currently store area but could be converted to a 1 Bedroom flat (subject to planning consent) Lower Ground Floor: 800 sqft store area.
OUTSIDE: Small enclosed Yard: to rear.

TENURE
New 15 year lease. RENT £35,000 P.A (5 year reviews)

BUSINESS RATES
TBA

Property:
Leasehold

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

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