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Reference G8254

Convenience Store & Post Office in East Sussex For Sale

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

Turnover 8,000
Post Office 25,000
Price 95,000

Features

Attractive Semi-detached Village Self Service Stores, Counter News, Confectionery, Tobacco, Full Free off Licence Plus Community Post office

SMALL LAY-BY IN FRONT OF SHOP

DOUBLE FRONTED SALES SHOP in the region of 700 sq. ft. sales area with tiled floor, 1 air conditioning/heating unit. 3-.75m open cool display unit, ice cream deep freezer, 2 chest deep freezers, modern shelving, display gondola, counter, electronic cash reigster, post office counter with anti-bandit screen etc.

Stockroom with racking, 2 chest deep freezers, 1 fridge
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages 8,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 700 p.w. We are further advised that the gross profit is in the region of 20%. Post office income 25,000 p.a. approx. (including on line national lottery tickets plus scratch cards commission). We are further advised that the draft accounts year ending 30th November, 2018 showed sales of 339,367 with a gross profit of 68,283 plus post office income.

Staff

The business is at present operated by a husband & wife team with the assistance of 2 part time staff.

Trading Hours

Monday - Saturday inclusive - 6 a.m. - 6.30 p.m.
Sunday opening - 7 a.m. - 2 p.m.

We understand the post office hours are Monday - Friday inclusive - 9 a.m. - 5.30 p.m. Saturday opening - 9 a.m. - 12.30 p.m.

Accommodation

The SPACIOUS accommodation, comprises:

Ground Floor
Large fitted kitchen/dining room with tiled floor
Lounge with open fireplace & wealth of oak beams

First floor
Main bedroom with beams, en suite shower room with shower, w.c. & wash hand basin plus 3 additional bedrooms
Bathroom with bath, w.c. & wash hand basin

Stairs to second floor
Large additional double bedroom with en suite shower room with shower, w.c. & wash hand basin

Outside

Garden with lawn
Driveway with parking for 2 cars

Tenure

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 25 years full repairing and insuring lease at a rental of 18,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 95,000 plus STOCK AT VALUATON (15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 47,500 (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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