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General Store with Off Licence and Post Office for sale in Essex

Buy a General Store with Off Licence and Post Office
Buy a business in Essex

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Reference : G5218

Most superior and highly profitable modern SELF SERVICE CONVENIENCE STORE, IN-STORE BAKERY, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE with SUB POST OFFICE




       

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

Location

Situated in a parade, expanding residential area, on the ESSEX/SUFFOLK BORDERS. (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover averages £26,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £2,000 p.w. Gross profit 23% approx. Post Office salary £62,000 p.a. approx. (incl. lottery commission of approx. £8,000 p.a).

Price

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £375,000 plus STOCK AT VALUATION (£60,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features

No parking restrictions

IMPRESSIVE & SPACIOUS SALES SHOP with electric doors. Approx. 2,200 sq. ft. sales area, refitted approx. 5 years ago. Ceramic tiled floor, suspended ceiling with concealed lighting, air conditioning. Checkout counter, 3 tills, EPOS scanning system, computer system for ordering, 2 large open cool display units (used for beers), 1 open cool display unit (used for sandwiches, soft drinks), 1 large cool display unit (used for dairy produce, butter, cheese etc), 1 open cool display unit (used for milk), 2 large slding glass topped chest display deep freezes, 1 open ice cream deep freeze, Bakers' oven, modern adjustable shelving, centre display gondolas, large (approx. 6m card display), 8m kleerex magazine display, CCTV system with 9 cameras, monitor plus recording system. Post office counter with anti-bandit screen (3 positions plus parcel hatch).

Rear walk-in coldroom plus walk-in deep freeze

Stairs to first floor providing large stockroom
Staff Room
2 fully tiled Staff Cloakrooms each with w.c. and wash hand basin

Staff

The business is at present operated by a lady vendor with the assistance of 17 part time staff in respect of the retail shop plus 5 part time staff in respect of the sub post office section. Wages paid in the region of £1,900 p.w. 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 - 6.30 a.m. - 10 p.m.
Sunday opening - 7 a.m. - 10 p.m.

Accommodation

The accommodation in the form of 2 SELF CONTAINED FLATS over, comprises:

Flat No. 1. with Night Storage Central Heating
2 Bedrooms (1 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large Lounge approx. 28ft long
Fitted Kitchen

Flat No. 2. also situated on the first floor, comprises:
2 Double Bedrooms
Shower Room with shower, w.c. and wash hand basin
Lounge
Kitchen

Should the accommodation not be required for personal use, in our opinion the flats could be sublet to provide a rental income if not required.

Outside

Large staff car parking area at rear plus delivery area

Tenure

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 12 years unexpired at a rental of £30,000 p.a. exclusive of rates.

Uniform Business Rates: £21,000 p.a. approx. + water rates

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUBSTANTIAL SELF SERVICE CONVENIENCE STORE COMBINED WITH SUB POST OFFICE IN THIS SOUGHT AFTER LOCALITY.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 17 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Reference : G5218

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General Store with Off Licence and Post Office for sale
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