Convenience Store plus Post Office in Worcestershire For Sale

Situated in a small parade, residential area, WORCESTERSHIRE

Turnover £ 9,500
Post Office £ 12,000
Price £119,950

Features

Self Service Convenience Store, News, Confectionery, Tobacco, Full Free off Licence with Post office Local Plus with On Line National Lottery Sales & Scratch Cards

AMPLE PARKING - NO PARKING RESTRICTIONS

SPACIOUS SALES SHOP probably in the region of 800 sq. ft. sales area with tiled floor, suspended ceiling with concealed LED lighting. Large Vape glass display cabinet (owned), coffee machine (on lease agreeent), counter plus post office combination counter, modern adjustable shelving, 3-door glass fronted display deep freezer, 1-2.5m open cool display unit (used for soft drinks etc), 1-2.5m cool display unit (used for dairy produce), 1 additional 2.5m open cool display unit (used for milk, dairy produce plus soft drinks), 2.75m open cool display unit (used for wines & beers), ice cream glass topped deep freezer (owned), card display section etc.

Stockroom with shelving, storage deep freezer, ice cream fridge
Second store with sink unit
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages £9,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £600 p.w. Gross profit 20% approx. Post Office income £12,000 p.a. approx.

Staff

At present operated by a husband & wife team with the assistance of 1 part time staff. 2 morning newsboys. Delivery charge £2 p.w.

Trading Hours

Monday - Saturday inclusive - 7.30 a.m. - 8 p.m.
Sunday opening - 7.30 a.m. - 7 p.m.

Tenure

We understand the premises are held on a secure renewable lease from a private landlord, granted for 16 years, 2011, the present lease having approximately 5 years unexpired at a rental of £7,500 p.a. exclusive of rates. (We understand the rent reviews are every 4 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 SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £119,950 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 59,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote