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Nationwide Businesses Limited are Business Transfer Agents offering Business for sale across the UK. We currently offer catering, hotels, pubs, post office, newsagents, general stores, off licences and many other businesses for sale.
 

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Attractive detached VILLAGE STORES, COUNTER NEWS, FULL FREE OFF LICENCE with SUB POST OFFICE

Nationwide Businesses Limited are Business Transfer Agents offering Business for sale across the UK. We currently offer catering, hotels, pubs, post office, newsagents, general stores, off licences and many other businesses for sale.  
Business Summary:
Reference : G5259
Categories : Newsagents
Card Shops
Confectioners
Off Licences
Post Offices
Location : East Sussex
Turnover : £ 3,000 p.w.
Salary : £ 15,000 p.a.
Price : £ 295,000 (Freehold)

No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
 

Location

Main road trading position, sought after locality, EAST SUSSEX (Please register to make appointments and view addresses)

Features

ATTRACTIVE SALES SHOP approx. 600 sq. ft. including Sub Post Office area, tiled floor, fluorescent lighting, modern adjustable shelving, 1-2m plus 1-1m glass topped chest display freezes, 2 ice cream deep freezes (owned), 1 upright double door drinks display fridge (used for soft drinks), 3 upright glass fronted display fridges (1 used for beers whilst the other 2 are used for dairy produce), counter, electronic cash register. Post Office counter with anti-bandit screen (1 position) etc.

Utility Room
Staff cloakroom with w.c. and wash hand basin

Large basement suitable for storage purposes

Turnover

WE ARE INFORMED the turnover averages £3,000/£3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £600 p.w. Post office salary £15,000 p.a. approx.

Staff

The business is at present staff operated. Staff employed 1 full time plus 1 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Opening Hours

Monday - Saturday inclusive - 7 a.m. - 6 p.m.
Sunday opening - 7 a.m. - 12 noon only

Accommodation

The accommodation all in GOOD CONDITION, fully DOUBLE GLAZED and with ELECTRIC CENTRAL HEATING, comprises:

First Floor
Kitchen with fitted units
Large Lounge/Dining Room
Bathroom with bath, separate shower, w.c. and wash hand basin

Second Floor
Master Double Bedroom plus 2 additional small double bedrooms

Outside

Yard

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £15,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £400 p.a. approx. (after relief)

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £295,000 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Reference : G5259

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