Search more Convenience Stores for sale in East Yorkshire
Reference G7708

Convenience Store and Post Office in East Yorkshire For Sale

Convenience Store and Post Office in East Yorkshire For Sale
Convenience Store and Post Office in East Yorkshire For Sale Buy a Convenience Store and Post Office in East Yorkshire For Sale Sell a Convenience Store and Post Office in East Yorkshire For Sale

Register to see map and to make an appointment Residential area, NORTH HUMBERSIDE

Turnover 4,300
Post Office 16,800
Price 24,900

Features

Fully Equipped Village Self Service Convenience Store, Full Free off Licence Plus Post office Local

NO PARKING RESTRICTIONS

SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 800 sq. ft. sales area. Tiled floor, suspended ceiling. The equipment includes shelving, 1 large dairy display cool unit, 2 deep freezers, 2 double door glass fronted display fridges, 1 single door glass fronted display fridge, counter etc.

Stockroom
Staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 4,300 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 480 p.w. Gross profit 20% approx. We are advised that the post office income is in the region of 16,800 p.a.

Staff

The business is at present operated by the vendor on a part time basis with the assistance of 4 part time staff.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - 8 a.m. - 7 p.m.
Saturday opening - 8 a.m. - 5 p.m.
Sunday opening - 9 a.m. - 1 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of 6,000 p.a. exclusive of rates for the next 2 years with rent to be agreed thereafter.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 24,900 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 12,450 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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