Prime Leasehold Convenience Store in Faversham Kent, High Turnover, Near Rail Station
Faversham, Kent
- Status
FOR SALE
- Date Submitted:
29/04/24
- Advert ID
610521
- Reference
N982 / Rightbiz
- Call Agent:
- Leasehold: £130,000
- Rent: £12,000
- Turnover: £494,000 (£9,500 Per week)
- Net Profit: Not Applicable
Key Features
- Town Centre location
- Close to Local Amenities
- Fully Fitted
- Adjacent to Multiple Retailers
- Established Business
- Prime Location
Business Details
LEASEHOLD CONVENIENCE STORES
UNOPPOSED LOCK UP PREMISES - PRIME TOWN CENTRE LOCATION - T/O AVGS £9,500 PWK - TOTALLY REFURBISHED PREMISES
Location
Prominently situated in the centre of this charming Kent market town, serving a densely populated residential area, being only 0.5 miles from Faversham rail station.
Business
Well established, having been in the present hands for 2 years and now only being marketed as a result of the vendor moving abroad.
Turnover
£9,500 PWK @ 25% GP inc. £500 pwk Lottery Sales and £40 per month Paypoint Commission.
Hours
7.00am to 11.00pm Mon to Fri
7.00am to 10.00pm Sat and Sun
Premises
Semi detached premises with single frontage. Retail Area: approx. 500 sq/ft. air conditioning unit, Totally refitted in 2022. all round display shelving, 2 large drinks chillers, large dairy chiller, large freezer display cabinet, counter with EPOS till, tobacco gantry, coffee machine, slush machine, shake machine, ice cream freezer. Store/Marking up Room: Kitchenette Area: St/stl sink. Sep. W.C. W/basin. OUTSIDE – Delivery access at side.
Tenure
15 year lease from October 2012. RENT - £12,000 PA (5 year reviews)
EPC Rating
Band E
Business Rates
Nil currently payable
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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