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Advert Ref: N912

Village Po Stores Near In Maidstone For Sale

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


VILLAGE LOCATION
LOCK UP PREMISES
TREMENDOUS POTENTIAL
TURNOVER £11,000 PWK
P.O. SALARY £48,500 P.A.

LOCATION
These well appointed shop premises occupy a prime central position in the centre of this charming village on the outskirts of Maidstone. The business serves a well populated residential area with some 1500 new homes due to be built nearby.

BUSINESS
The business is well established and has been in the present hands for 8 years and is now being marketed as a result of the vendors other business interests. Tremendous potential exists to introduce an Off Licence. The business is mainly staff run.

TURNOVER
£11,000 PWK @ 26% GP POST OFFICE REMUNERATION – £48,500 P.A.

NEWSBILL
£5,500 PWK ( 6 van rounds)

STAFF
1 full time and 2 part timers WAGES - £600 PWK

HOURS
5.30am to 5.30pm Mon to Sat (Sun 5.30pm to 12.00pm)

PREMISES
Mid parade premises with single frontage and automatic entrance to: Retail Area: total 600 sq/ft, Refitted 2012 throughout. Display shelving, ice cream freezer, 2 x twin door chillers, greetings cards display, 2 gondola displays, counter, EPOS till, digital CCTV. 2 position Post Office Counter. Store Room/Office: Lobby: Staff W.C. Pedestrian access to rear. OUTSIDE: 2 parking spaces.

TENURE
7 years remaining on original 15 year lease RENT - £13,000 P.A. (5 yr reviews)

EPC RATING
Band C

BUSINESS RATES
Nil currently payable

Property:
Leasehold

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

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