ADVERT TEXT
LEASEHOLD
CONVENIENCE STORES/LOTTERY & OFF LICENCE
LOCATION
These well-appointed premises occupy a prominent trading location in the centre of a recently built well-populated residential area on the outskirts of Tunbridge Wells. The business is unopposed.
BUSINESS
Established by our client 8 years ago when it was fitted out to a high standard, our client has built a great local reputation serving the local community. Its contemporary design, enhanced by bright ceiling lighting, creates an inviting atmosphere for shoppers. The business has slightly declined of late because of the vendor's ill health which has hastened his planned retirement. Great potential therefore exists to extend the hours and introduce other trading lines offering considerable potential for a new owner.
TURNOVER
We are advised the current turnover averages £6,500 - £7,000 PWK @ 22% GP.
We are informed that it has taken £10,000 PWK in the past.
STAFF
Vendor & wife
HOURS
7:00am - 10:00pm Mon - Fri
8:00am - 10:00pm Sat
9:00am - 9:00pm Sun
PREMISES
Attractive modern retail unit built approx 10 years ago measuring some 1,200 sq. ft. in total. Forecourt to front. Double entrance to Retail area: Approx 800 sq. ft. with tiled flooring and suspended ceiling. Fully fitted with all-round display shelving, 3 large chiller display units, upright drinks chiller, chilled dairy display cabinet, ice cream freezer, confectionery displays, greetings card display unit, counter with till, digital CCTV, Storeroom: shelved. Kitchenette with wall and base units, stainless steel sink, hot plate. Staff W.C. with hand wash basin. Door to outside. Good-sized Bin Store/cupboard. Small residents car park to rear with one space owned and allocated to the shop.
TENURE
New lease to be granted to ingoing tenant. Terms negotiable. Rent £24,000 p.a. (5 year reviews)
EPC RATING
Band A
BUSINESS RATES
£6,264 p.a. payable
