Convenience Store plus Off Licence and Post Office in East Sussex For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, EAST SUSSEX

Turnover £ 3,250
Post Office £ 36,000
Price £130,000

Features

Convenience Store with Off Licence Plus Post Office

6 DAYS OPENING
REFITTED IN 2024 AT A COST OF £75,000

DOUBLE FRONTED PREMISES in the region of 650 ft² WITH ELECTRIC SHUTTERS, industrial non-slip floor, suspended ceiling with LED Panel lights, Combi Counter with 2 Post Sffice tills and 1 shop Epos till, drinks display fridge (glass fronted upright four-door), modern adjustable shelving, drinks display fridge (glass fronted upright double-door), freezer (glass fronted upright double-door), CCTV system (12 cameras, 1 monitor).

Small Stock room

Staff Toilet with w.c. and wash hand basin.

Small Kitchen with Microwave

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 - £3,500 p.w. with a Gross profit of 25% - 30% approx.. POST OFFICE income in the region of £36,000 p.a. approx.. Wholesale newsbill £60 p.w.

Staff

The business is at present operated by the vendor's wife on a partime basis with the assistance of 1 part time staff.

Trading Hours

6 Day week
MONDAY - SATURDAY 7am - 8pm

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £9,900 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION (£20,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 65,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote