Newsagent and Main Post Office in Merseyside For Sale

Excellent trading position, Merseyside

Turnover £ 2,800
Post Office £ 72,500
Price £70,000

Features

Superbly Fitted News, Confectionery, Tobacco, Greeting Cards Plus Post office Main

SPACIOUS SALES SHOP in the region of 2,800 sq. ft. sales area. Fully equipped. 5 fortress positions.

Turnover

WE ARE INFORMED the turnover averages £2,800/£3,000 p.w. in our opinion offering tremendous potential for further development in the right hands. Gross profit of 35%. Post office income £72,500 p.a.

Staff

At present operated under management.
It will be appreciated upon inspection with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday - 9 a.m. - 12.30 p.m.
NO SUNDAY TRADING

Tenure

We understand the premises are held on a lease, the present lease expiring in August, 2024 at a rental of £30,000 p.a. exclusive of rates up to January, 2020 with rent to be agreed thereafter.

Uniform Business Rates: £17,500 p.a. approx.

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£20,000/£25,000 APPROX).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

**THE ASSIGNMENT OF THE LEASE IS SUBJECT TO THE LANDLORD APPROVING REFERENCES AND WE CONFIRM THAT THE LANDLORDS SOLICITORS COSTS ARE TO BE THE RESPONSBILIITY OF A PROSPECTIVE PURCHASER**

Finance

Subject to status, you maybe able to borrow up to £ 35,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote