Main Post Office and Quality Off Licence in East Sussex For Sale

Situated in a Parade, excellent High Street trading position, residential, office and commercial area, East Sussex.

Turnover £ 7,000
Post Office £ 105,000
Price £245,000

Features

Main Post Office and Quality Off Licence

FREE PARKING IN AREA

SINGLE FRONTED PREMISES in the region of 875 ft² WITH SHUTTERS, tiled floor, suspended ceiling with LED Panel lighting, combi sales counter, EPOS till, cigarette draw, modern adjustable shelving, open cool display unit (3.75 metres), open cool wine display unit (3 metres), ice cream freezer, CCTV system (16 cameras, 1 monitor).

Post Office Counter with anti-bandit screen. (2 positions), etc. to rear

First floor in the region of 270 ft² (potential for accom subject to pp)
1 large room
Toilet with w.c. and wash hand basin.
Shower room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 35% approx.. POST OFFICE income in the region of £105,000 p.a. approx. (including VAT)

Staff

The business is at present operated by the 2 directors plus Manager & 1 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 9am - 9pm
SUNDAY 12 noon - 6pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2019 with reviews every 5 years (next review 2029) at a current rent of £16,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £245,000 plus STOCK AT VALUATION (£50,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 122,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote