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Reference C9094

Newsagent & Post Office in Hertfordshire For Sale

Newsagent & Post Office in Hertfordshire For Sale
Newsagent & Post Office in Hertfordshire For Sale Buy a Newsagent & Post Office in Hertfordshire For Sale Sell a Newsagent & Post Office in Hertfordshire For Sale

Register to see map and to make an appointment Busy road, residential area, HERTFORDSHIRE

Turnover 5,200
Post Office 53,000
Price 125,000

Features

News, Confectionery, Tobacco, Stationery, Hardware Slight Convenience Groceries, Full Free off Licence with Post office Local

Electric shutters to DOUBLE FRONTED SALES SHOP probably in the region of 500 sq. ft. sales area, suspended ceiling with concealed lighting, modern shelving, 2 open cool display units, news display stand, magazine display shelving, centre display gondolas, post office counter with anti-bandit screen (2 positions) plus retail counter with electronic cash register.

Turnover

WE ARE INFORMED the turnover is in the region of 5,200 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 1,300 p.w. We are further advised that the gross profit is in the region of 28%. Post office income approximately 53,000 p.a. approx. (including income from an external ATM machine).

Staff

The business is at present operated by the vendor with the assistance of 3 part time staff.

Trading Hours

Monday - Friday inclusive - 7.30 a.m. - 6 p.m.
Saturday opening - 6.30 a.m. - 4.30 p.m.
Sunday opening - 7.30 a.m. - 1 p.m.

Outside

Service area at rear of parade with shared parking

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of 20,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 6,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 62,500 (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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