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Convenience Store & Post Office in East Sussex For Sale

Convenience Store & Post Office in East Sussex For Sale
Convenience Store & Post Office in East Sussex For Sale Buy a Convenience Store & Post Office in East Sussex For Sale Sell a Convenience Store & Post Office in East Sussex For Sale

Register to see map and to make an appointment Sought after residential area EAST SUSSEX

Turnover 11,000
Post Office 7,000
Price 160,000

Features

Profitable Village Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence with Post office Local (introduced In February, 2018)

SPACIOUS SALES SHOP in the region of 900/1,000 sq. ft. sales area with non-slip floor, suspended ceiling with inset lighting. Well equipped including counter, 2 tills with touchscreen & scanning, post office combination counter, large open cool display unit (used for wines, beers & water), modern adjustable shelving, 2 large glass topped chest display deep freezers, 1 upright glass fronted display deep freezer, greeting card display unit, centre display gondolas, additional large open cool display unit (used for soft drinks, milk & fruit & greens), large ice cream deep freezer, Hgen Dazs ice cream deep freezer etc.

Small stockroom
Kitchen area with bake-off oven
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is currently in the region of 11,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 500 p.w. We are further advised that the gross profit is in the region of 18%. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 50 p.w. We are further advised that the post office income is currently in the region of 7,000 p.a.

Staff

At present operated by a lady vendor with the assistance of 3 part time staff plus 2 junior casual part time staff employed mainly for shelf filling.

Trading Hours

Monday - Saturday inclusive - 8 a.m. - 8 p.m.
Sunday opening - 9.30 a.m. - 6 p.m.

Outside

Garage used for storage purposes

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a current rental of 9,500 p.a. including insurance, exclusive of rates. We understand the rent is due for review at the present time, however no request at the present time has been received from the landlords to increase the rent. We are further advised that the rent reviews are every 3 years.

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

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 160,000 plus STOCK AT VALUATION (35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 80,000 (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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