Business Summary

Price Reduced

Summary

Asking price: £44,950

Sales revenue: £260,000

Net profit: Undisclosed

Business Description

Unopposed lock up premises – main road location

Well established, having been in the present hands for 6 years. The business is now only being marketed as a result of the vendors Family interests. Tremendous potential exists for longer opening hours and the introduction of News-rounds.

TURNOVER - £5,000 PWK @ 25% GP.

NEWS-BILL - £800 PWK (No Rounds)

PAY-POINT SALES: £2,000 PWK

Property Information

Property: Leasehold

Lease terms: 10 years remaining on original 16 Year lease. RENT - £8,600 PA (4 year reviews)

Location: Prominently situated fronting a busy main road on the outskirts of Herne Bay, serving a densely populated residential area, being only 0.5 miles from the town center.

Other Information

Trading hours: 6.30am - 6.30pm Mon to Fri 6.30am - 5.30pm Sun

Fixtures value: Undisclosed

Stock value: Undisclosed

Property Details