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Reference C9063

Main Post Office & Off Licence in East Sussex For Sale

Main Post Office & Off Licence in East Sussex For Sale
Main Post Office & Off Licence in East Sussex For Sale Buy a Main Post Office & Off Licence in East Sussex For Sale Sell a Main Post Office & Off Licence in East Sussex For Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, densely populated residential & commercial area with private school nearby, EAST SUSSEX

Turnover 4,500
Post Office 72,000
Price 137,500

Features

Well Fitted Stationery, Greeting Cards Slight Confectionery, Tobacco, Full Free off Licence with Main Post office

Electric shutters to SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 550 sq. ft. sales area with laminated strip floor & well equipped including modern shelving, 3 greeting card display stands with drawerd umder, 1-2.5m open cool display unit, 1 additional small open cool display unit, counter, electronic cash register with EPOS scanning with combination post office counter plus 1 fortress post office position.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of 4,500 p.w. in our opinion offering tremendous potential for further development in the right hands (included in the turnover is approximately 60 p.w. in respect of newspaper sales, which are not direct supplies). We are further advised that the overall gross profit is in the region of 33%. Post Office income in the region of 72,000 p.a. including lottery commission. THE BUSINESS IS OPERATED AT PRESENT UNDER A FRANCHISE AGREEMENT AS A WH SMITH LOCAL.

Staff

The business is operated uinder management. Staff employed 2 full time plus 1 part time.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 7 p.m.
Sunday opening - 9 a.m. - 5 p.m.

Tenure

We understand the premises are held on a secure renwable lease for a period of 25 years from September, 2015 at a current rental of 17,500 p.a. exclusive of rates up to September, 2020 with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 5,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 137,500 plus STOCK AT VALUATION (10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 68,750 (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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