Search more Convenience Stores for sale in East Sussex
Reference G7964

Convenience Store & Post Office in East Sussex For Sale

Register to see map and to make an appointment Situated end of parade of 3 shops, residential area not far from EAST SUSSEX

Turnover 9,000
Post Office 50,000
Price 547,500

Features

Profitable Freehold Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence Plus Main Post office

LAYBY IN FRONT OF PARADE FOR 4/5 CARS (Restricted to 2 hours parking daytime)

Electrict shutters to SINGLE FRONTED SALES SHOP 650 sq. ft. sales area apptox with tiled floor, suspended ceiling with concealed lighting. We understand the shop was refitted approximately 3 years ago. Retail counter with 2 tills with EPOS scanning system, post office combination counter with 2 positions plus secure hatch, modern adjustable shelving, display gondolas, 1-3.75m open cool display unit, magazine display shelving, upright double door glass fronted display fridge (used for wines & beers), upright double door glass fronted display deep freezer, 1 greeting card display stand with drawers, photocopier (on lease) etc.

Rear stockroom with racking
Rear office
Shower room with shower, w.c. & wash hand basin
Kitchen

Turnover

WE ARE INFORMED the turnover averages 9,000/9,500 p.w. in our opinion offering further potential to increase, especially with additional opening hours. Wholesale newsbill 850 p.w. We are further advised that the gross profit is in the region of 21%. We are advised that the post office income is in the region of 50,000 p.a. (including commission from the sale of on line national lottery tickets plus the revenue from an exteral ATM machine).

Staff

The business is at present operated by the vendor with the assistance of his wife (1 day per week) plus 1 full time & 1 part time staff. In addition a person is employed for shelf filling.

Trading Hours

Monday - Friday inclusive - 8 a.m. - 6.30 p.m.
Saturday opening - 8 a.m. - 5.30 p.m.
Sunday opening - 8 a.m. - 12 noon

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy & provides a rental income of 830 per month, however we understand that vacant possession can be given on completion, if required. The FLAT comprises:

3 Bedrooms (2 doubles, 1 single)
Fully tiled bathroom with bath, shower over bath, w.c. & wash hand basin
Lounge with fitted kitchen area

First floor front balcony

Outside

Parking space for 1 car

Tenure

Uniform Business Rates: Nil payable at present after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 13 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 547,000 plus STOCK AT VALUATION (35,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 383,250 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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