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Reference C9117

Newsagent & Post Office in Essex For Sale

Newsagent & Post Office in Essex For Sale
Newsagent & Post Office in Essex For Sale Buy a Newsagent & Post Office in Essex For Sale

Register to see map and to make an appointment Situated in a parade, residential area, ESSEX

Turnover 1,600
Post Office 51,746
Price 45,000

Features

Counter News, Confectionery, Tobacco Plus Main Post office

FULLY EQUIPPED SALES SHOP in the region of 700 sq. ft. sales area. 2 open positions plus 1 fortress counter.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of 1,600 p.w. We are further advised that the sales last year showed 79,891 with a gross profit of 60% approx. Post office income last year 51,746.

Staff

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

Trading Hours

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

Tenure

We understand the premises are held on a lease, the present lease expiring in August, 2026 at a current rental of 13,000 p.a. exclusive of rates up to February 2020 increasing to 16,000 p.a. exclusive of rates up to February 2021 increasing to 20,000 p.a. exclusive of rates We are further advised there is a current service charge 2,200 per quarter.

Uniform Business Rates: 18,630 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE LEASE, FIXTURES & FITTINGS 45,000 plus STOCK AT VALUATION.
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 22,500 (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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