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Reference C8791

Newsagent & Post Office in Hertfordshire For Sale

Newsagent & Post Office in Hertfordshire For Sale
Newsagent & Post Office in Hertfordshire For Sale Buy a Newsagent & Post Office in Hertfordshire For Sale Sell a Newsagent & Post Office in Hertfordshire For Sale Newsagent & Post Office in Hertfordshire For Sale for Sale

Register to see map and to make an appointment Excellent main road trading position, HERTFORDSHIRE

Turnover 8,000
Post Office 38,000
Price 115,000

Features

Spacious & well Fitted News, Confectionery, Tobacco, Greeting Cards Slight Convenience Groceries (including Tea, Coffee & Biscuits), Full Free off Licence Plus Post office Local

Electric shutters to SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 1,000 sq. ft. sales area. Air conditioning unit. Quality lighting, tiled floor. The equipment includes counter 2 tills with EPOS scanning system, post office combination counter (2 positions), modern adjustable shelving, 5 greeting card display stands with drawers, centre display gondola, 2-2.5m open cool display units, 1-2m open cool display unit, ice cream deep freezer etc.

Kitchen area
Office
Staff w.c. & wash hand basin
Storage area

Turnover

WE ARE INFORMED the turnover averages 8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 1,000 p.w. Gross profit 18% approx. We are further advised that the post office income is in the region of 38,000 p.a. (including commission from lottery & Payzone).

Staff

The business is at present operated by a husband & wife team with the assistance of 1 full time staff. 8 morning newsrounds. Delivery charge 2.75/2.80 p.w.

Trading Hours

Monday - Thursday inclusive - 5 a.m. - 8 p.m.
Friday & Saturday - 5 p.m. - 9 p.m.
Sunday - 6 a.m. - 6 p.m.

Outside

Parking at rear for 3 cars

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of 19,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 7,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 115,000 plus STOCK AT VALUATION (25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 57,500 (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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