Convenience Store & Post Office in Cornwall For Sale

Detached property, excellent main road trading position, local manopoly, residential area, Cornwall.

Turnover £ 17,000
Post Office £ 30,000
Price £195,000

Features

Convenience Store with Newsagency (1 Round), off Licence and Post office

SINGLE FRONTED PREMISES, in the region of 750 ft² - CCTV (9 cameras), vinyl flooring, suspencded ceiling with led light panels.

Sales counter - EPOS cash register. 3 fridges (soft drinks and dairy), tobacco and vape displays, 3m freezer, 1m beer fridge, adjustable shelving, hot pie cabinet.

Store room.

Staff toilet with wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £17,000 p.w. with a Gross profit of 20% approx. POST OFFICE income in the region of £30,000 p.a. approx.. Wholesale newsbill £800 p.w.

Staff

The business is at present operated by the Husband & Wife team with the assistance of 4 part time staff. 1 news round (25 houses)

Trading Hours

7 Day week
MONDAY - SATURDAY 6 am - 9 pm
SUNDAY 7am - 9pm

Accommodation

THE LIVING ACCOMMODATION with entrance via door to the rear of the shop (also access via the shop) comprises;

Open plan Kitchen / Lounge / Diner

Large Double bedroom with ensuite (shower, toilet and sink.)

Double bedroom

Single bedroom

Family shower room - Shower, toilet and sink.

Outside

Yard to rear.

Double garage, store room.

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 £30,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022 & OFFERED FOR SALE DUE TO THE VENDOR'S ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £195,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 97,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote