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Leasehold Newsagents Off Lic In Sittingbourne For Sale

Sittingbourne, Kent, UK
Asking Price:
£125,000
Turnover:
Available on request
Net Profit:
Available on request

LOCATION
These immaculate premises occupy a prime trading position, fronting the high street of this busy Kent Town. The town has recently undergone a substantial redevelopment plan which has increased footfall and trade in the high street.

BUSINESS
This is a well established concern which has been in the present hands for some 2 years and is now only being marketed as a result of ill health and Family careers. Tremendous potential exists for the introduction of grocery lines and longer opening hours, especially Sunday trading.

TURNOVER
£10,000 PWK @ 35% G.P. (Including £2,000 LOTTERY)

NEWSBILL
£1,000 PWK (NO ROUNDS)

STAFF
Run by 2 Partners plus 1 Part timer

HOURS
Mon to Sat - 7.00am to 5.30pm (Closed Sundays)

PREMISES
Mid parade premises with double frontage and single entrance to Retail Area: 700 sqft. Totally refitted in 2018. All round display shelving, gondola display, large dairy cabinet, 3 upright chillers, counter with 2 EPOS tills, air con unit. Office: Kitchenette: Sep W.C and W/basin. OUTSIDE: 2 Parking Spaces to rear. 2 Store Rooms: Vehicle access.

LIVING ACCOMMODATION
Self Contained flat approached via sep rear entrance. Comprising: Double Bedroom: Open Plan Living area with kitchen/lounge /diner. Shower Room: Shower, W.C and w/basin. Note: The flat has just been totally refurbished to a high standard and is currently let on an AST producing £800 PCM.

TENURE
5 years remaining on original 15 year lease. RENT - £29,000 + VAT PA.

EPC RATING
Band E

BUSINESS RATES
£3,000 P.A. Payable

Property Information

Property:

Leasehold