Search more Convenience Stores for sale in Essex
Reference G8323

Convenience Store & Post Office in Essex For Sale

Convenience Store & Post Office in Essex For Sale
Convenience Store & Post Office in Essex For Sale Buy a Convenience Store & Post Office in Essex For Sale Sell a Convenience Store & Post Office in Essex For Sale Convenience Store & Post Office in Essex For Sale for Sale

Register to see map and to make an appointment Situated in a parade, busy road, residential area, ESSEX

Turnover 13,000
Post Office 6,000
Price 90,000

Features

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence, On Line National Lottery Plus Post office Local

LARGE CAR PARK AT REAR (We understand free parking up to a maxium of 3 hours)

Electrict shutters to SPACIOUS SALES SHOP in the region of 1,500 sq. ft. sales area with non-slip floor, suspended ceiling with concealed LED lighting. The equipment includes counter, 2 touchscreen tills , 2-5m open cool display units (each comprising 2 units), 1 additional 2-5m open cool display unit, centre display gondolas, modern shelving, magazine display shelving, 3-tier ice cream deep freezer, 2 doulble door glass fronted upright display deep freezers. CCTV system with 18 cameras, 2 monitors plus recording.

Stockroom
Office
Staff w.c.

Turnover

WE ARE INFORMED the turnover averages 13,000 p.w. in our opinion offering further potential to increase, especially with additional opening hours. Wholesale newsbill 400 p.w. Gross profit 20% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 150 p.w. A Post Office Local we understand was introduced in approximately September, 2018 & we understand that the post office income is currently in the region of 6,000 p.a. THE BUSINESS IS CURRENTLY OPERATED UNDER A FRANCHISE AGREEMENT WHICH WE UNDERSTAND IS OPTIONAL. FULL DETAILS AVAILABLE UPON REQUEST.

Staff

At present operated by the vendor with the assistance of 3 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 - Saturday inclusive - 7 a.m. - 8.30 p.m.
Sunday opening - 8 a.m. - 8.30 p.m.

Outside

Large secure yard at rear with 2 containers used for storage purposes
Car parking for approximately 7 cars

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 current rental of 27,000 p.a. exclusive of rates with rent reviews.

Uniform Business Rates: 13,900 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

REALISTICALLY PRICED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 90,000 plus STOCK AT VALUATION (40,000/45,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 45,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Convenience Stores for sale in Essex

Buy a Convenience Store & Post Office in Essex For Sale on NationwideBusinesses.co.uk