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Advert Ref: N889

Leasehold Newsagents And Off Licence In Sittingbourne For Sale

  • Sittingbourne, Kent

Under Offer

Asking price:
£69,950
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

PRIME TOWN CENTRE LOCATION
3 BED FLAT (Could be Sublet @ £800 PCM)
SCOPE FOR LONGER HOURS
TOTALLY REFURBISHED 2016

LOCATION
Prominently situated in the centre of this charming town, enjoying tremendous passing trade, serving a densely populated residential area and being only 200m from Sittingbourne rail station.

BUSINESS
Well established, having been in the present hands for 3 years and now only being marketed as a result of the vendors other business interests in London. Tremendous potential exists for longer opening hours.

TURNOVER
£7,000 PWK @ 30 % GP. PLUS PAYPOINT SALES: £1,250 PWK PLUS LOTTERY SALES £2,000 PWK.
PLUS COURIER COMMISSIONS OF £520 PCM

NEWSBILL
NEWSBILL - £650 PWK (3 Rounds)

HOURS
5.30am - 5.30pm Mon to Sat
6.00am - 12.00pm Sun

PREMISES
Mid Parade premises with New aluminium double frontage. Retail Area: approx. 500 sq/ft. all round display shelving, magazine racking, greetings card displays, twin door drinks chiller, large drinks chiller, counter with 2 tills, tobacco gantry, ice cream freezer. Store/Marking up Room: Kitchenette Area: St/stl sink. OUTSIDE – Yard: Staff W.C. Garden: Pedestrian side access.

LIVING ACCOMMODATION
Self contained flat approached from shop and sep rear entrance. Comprising: First Floor: Lounge: Kitchen: St/stl sink, fitted units. Bathroom: Full suite. 3 Double Bedrooms: NOTE: Full gas fired central heating and replacement UPVC double glazing throughout. The flat could be sublet to produce a minimum of £800 PCM.

TENURE
12 years remaining on current 15 year lease RENT - £11,150 PA (5 year reviews)

EPC RATING
Band C

BUSINESS RATES
Nil Currently Payable

Property:
Leasehold

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

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