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Reference C7957

Newsagent, Off Licence with Post Office in Essex for sale

Newsagent, Off Licence with Post Office in Essex for sale
Newsagent, Off Licence with Post Office in Essex for sale Buy a Newsagent, Off Licence with Post Office in Essex Sell a Newsagent, Off Licence with Post Office in Essex

Location
Situated in a parade, excellent main road trading position, residential area, ESSEX

Features
Highly Profitable & Superbly Fitted News, Confectionery, Tobacco, Greeting Cards, Stationery Slight Convenience Groceries, Full Free off Licence with Post office Local

IMPRESSIVE & SPACE DOUBLE FRONTED SALES SHOP probably in the region of 700 sq. ft. sales area. Refitted approximately 2 years ago at considerable expense. Ceramic tiled floor, suspended ceiling with concealed lighting. 2 air conditioning units, retail counter with combination post office counter (2 positions), till with counter, cigarette gantry (on loan), modern adjustable shelving, 1-2.5m open cool display unit (used for sandwiches, dairy produce, milk plus wines & beers), 1-2m open cool display unit (on lease), greeting card display section, magazine display shelving, 1 upright double door glass fronted display deep freeze, hot drinks dispenser (on lease) etc.

Small room at rear for secure post office transactions

Staff cloakroom with w.c. and wash hand basin

Turnover
WE ARE INFORMED the turnover is in the region of 8,000 p.w. inclusive of VAT, in our opinion offering further potential to increase in the right hands. Wholesale newsbill 900 p.w. We understand the current post office income is in the region of 44,000 p.a. We are further advised that the sales year ending 31st March, 2018 showed 333,756 with a gross profit of 102,941 (including post office income of 38,246 plus other income of 4,286).

Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 120,000 plus STOCK AT VALUATION (15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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