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Retail premises for sale

£37,995

77 Cheriton High Stret, Folkestone CT19

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Property description

Business
Hilton Smythe are delighted to present to the market J C Appliances, established over 10 years ago and now offered for sale to allow our client to retire.

The turnover is split 40% walk in retail customers and 60% contract work to large housing providers and agencies including Kent City Council. Our client is a trusted supplier, able to provide a full range of white goods, cleaning equipment and accessories for private rental accommodation, student accommodation and council managed properties.

Our clients’ excellent supplier contacts and knowledge allows him to supply 30 flat units when required and can include full installation from a trusted team of self-employed plumbers.

He currently works with around 22 property agencies.

Deliveries are direct to the store or property.

The retail unit includes an excellent range of cookers, washing machines and dryers. 60% are new and 40% are reconditioned appliances. Our clients’ loyal customers trust the full advice service, quality brands and full removal of old appliances and secure installation.

The expansive shop premises and workshop would allow any new owner to carry out repairs or add on additional repair/service work.

Opportunity to increase current turnover lies within advertising include;
New website
Increasing the current stock levels
Increasing new contracts levels

Full handover offered including agreements with suppliers

On average a 20% mark-up on appliance sale.

Ideal for business for someone with repair experience, white goods knowledge.

4.7 /5 customer review score on google.

Location
J C Appliances occupies a central trading position on a busy parade of shops on Cheriton High Street in Folkestone.

The street is extremely busy thoroughfare from the M20 motorway into the centre of Folkestone which is a mix of residential housing, independent shops, a local school, a church and Cheriton library.

Folkestone is a port town in Kent on the south east coast of North Downs. Cheriton enjoys a consistent rise in house prices due to the high demand. Many people are relocating from Greater London, who are still able to commute within 45 mins by train.

There is free parking on the adjacent streets, a main bus stop across from the business and the nearest mainline station is Folkestone West.

Premises
J C Appliances occupies a central trading position on a busy parade of shops on Cheriton High Street in Folkestone.

The street is extremely busy thoroughfare from the M20 motorway into the centre of Folkestone which is a mix of residential housing, independent shops, a local school, a church and Cheriton library.

Folkestone is a port town in Kent on the south east coast of North Downs. Cheriton enjoys a consistent rise in house prices due to the high demand. Many people are relocating from Greater London, who are still able to commute within 45 mins by train.

There is free parking on the adjacent streets, a main bus stop across from the business and the nearest mainline station is Folkestone West.

Tenure

The business is on leasehold, a new long lease is available paying just £4,800 per year

Hours
Monday to Saturday 0900 - 1730

Staff
The owner with self-employed plumbers for installation work.

Financial Profile
The 2017 turnover is £120,000.

What Zoopla users think of Folkestone

Overall rating:

  • currently 3.5 stars
Good - 71% (240 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 4 stars
Transport & travel

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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
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  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Folkestone West (0.6 miles)
  • Folkestone Central (1.2 miles)
  • Sandling (3.3 miles)
  • Lydd Airport (12.7 miles)
  • Manston Airport (19.7 miles)
  • London Southend Airport (38.6 miles)
  • Folkestone Eurotunnel Terminal (1.2 miles)
  • Dover Western Docks Ferry Terminal (7.8 miles)
  • Dover Eastern Docks Ferry Terminal (8.4 miles)

Nearby schools

View all schools in Shepway
  • All Souls' Church of England Primary School (0.0 miles)
  • Morehall Primary (0.4 miles)
  • Harcourt Primary School (0.4 miles)
  • CATS Canterbury (12.8 miles)
  • The King's School Canterbury (13.6 miles)
  • Southend YMCA Community School (37.0 miles)
  • The Harvey Grammar School (0.7 miles)
  • The Folkestone School for Girls (0.9 miles)
  • Folkestone Academy (1.1 miles)
Note: Distances are straight line measurements

Local info for Shepway

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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