Search more Convenience Stores for sale in East Yorkshire
Reference G8296

Convenience Store & Post Office in East Yorkshire For Sale

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

Turnover 10,000
Post Office 29,000
Price 110,000

Features

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

Large forecourt to SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 1,100/1,200 sq. ft. sales area with non-slip floor, suspended ceiling with concealed LED lighting. We understand the shop was refitted approximately 2 years ago. The equipment includes 1 Walls ice cream deep freezer (on loan), 1 small ice cream deep freezer (owned), 1 glass topped chest display deep freezer, 3 3-door glass fronted cool display units, modern adjustable shelving, display gondola, counter, 2 electronic cash registers with scanning, post office combination counter. In addition there is a post office counter with anti-bandit screen (2 positions) etc.

Stockroom with storage deep freezer

Turnover

WE ARE INFORMED the turnover averages 10,000/11,000 p.w. in our opinion offering further potential to increase in the right hands. Post office income in the region of 29,000 p.a. (including lottery commission).

Staff

At present operated by 2 partners with the assistance of 3 part time staff. 1 newsboy employed. Delivery charge 40p/1 p.w.

Trading Hours

Monday - Saturday inclusive - 6.30 a.m. - 9 p.m.
Sunday opening - 7 a.m. - 8 p.m.

Accommodation

The SPACIOUS accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

5 Bedrooms (4 doubles, 1 single)
Bathroom with bath, w.c. & wash hand basin
In addition there is a separate shower room with shower, w.c. & wash hand basin
Lounge
Kitchen

Outside

Yard at rear

Tenure

We understand the entire premises are held on a 20 years full repairing and insuring lease from August, 2018 at a current rental of 18,000 p.a. exclusive of rates up to August, 2021 with rent review at that time and thereafter every 3 years.

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

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 110,000 plus STOCK AT VALUATION (25,000/35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 55,000 (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 East Yorkshire

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