Search more Newsagents for sale in Lincolnshire
Reference C9231

Newsagent & Post Office in Lincolnshire For Sale

Newsagent & Post Office in Lincolnshire For Sale
Newsagent & Post Office in Lincolnshire For Sale Buy a Newsagent & Post Office in Lincolnshire For Sale Sell a Newsagent & Post Office in Lincolnshire For Sale

Register to see map and to make an appointment Situated in a shopping parade, LINCOLNSHIRE

Turnover 3,500
Post Office 85,000
Price 95,000

Features

News, Confectionery, Tobacco, Convenience Groceries, Full Free off Licence with Main Post office

LARGE FREE CAR PARK FOR 200/250 CARS

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 700 sq. ft. sales area with tiled floor, suspended ceiling with LED lighting. We understand the shop was refitted approximately 2 years ago. Retail counter, till with scanning system, 1-2m greeting card display, modern shelving, 2 open post office positions plus 1 fortress post office position etc.

Staff w.c. & wash hand basin

Secure container for stock purposes

Turnover

WE ARE INFORMED the turnover averages 3,500/4,000 p.w. in our opinion offering tremendous potential for further development, especially if the business converted into a convenience store operation, if desired. Wholesale newsbill 500 p.w. Post office income 85,000 p.a. (including the income from an internal ATM machine).

Staff

At present staff operated. Staff employed 1 full time manageress, 2 additional full time staff plus 3 part time staff.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Saturday inclusive - 8 a.m. - 5.30 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is terrific potential for additional opening hours.

Outside

Small yard

Tenure

We understand the premises are held on a secure renewable lease, the present lease having 10 years unexpired from November, 2019 at a rental of 17,000 p.a. exclusive of rates up to November, 2024 with rent to be agreed thereafter.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 95,000 plus STOCK AT VALUATION (18,000/20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 47,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Newsagents for sale in Lincolnshire

Buy a Newsagent & Post Office in Lincolnshire For Sale on NationwideBusinesses.co.uk