Search more Newsagents for sale in South Wales
Reference C9029

Newsagent & Post Office in South Wales For Sale

Newsagent & Post Office in South Wales For Sale
Newsagent & Post Office in South Wales For Sale Buy a Newsagent & Post Office in South Wales For Sale Sell a Newsagent & Post Office in South Wales For Sale Newsagent & Post Office in South Wales For Sale for Sale Newsagent & Post Office in South Wales For Sale for Sale Newsagent & Post Office in South Wales For Sale for Sale Newsagent & Post Office in South Wales For Sale for Sale

Register to see map and to make an appointment Busy parade, large residential area, SOUTH GLAMORGAN, SOUTH WALES

Turnover 4,500
Post Office 6,000
Price 48,000

Features

Counter News, Confectionery, Tobacco, Greeting Cards, Stationery, On Line National Lottery, Paypoint Plus Post office Local (introduced In November, 2018)

SINGLE FRONTED SALES SHOP in the region of 500 sq. ft. sales area with tiled floor, LED lighting. Fully equipped including post office combination counter, electronic cash register, ice cream deep freezer, 3m open cool display unit, 1 double door glass fronted display fridge, 2 deep freezers, modern shelving, 4 greeting card display stands etc.

Stockroom
Staff w.c. & wash hand basin
Kitchen

Turnover

WE ARE INFORMED the turnover averages 4,500/5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 850 p.w. We are further advised that the gross profit is in the region of 25% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 120 p.w. We understand that a Post Office Local opened November, 2018 & we are advised that the income at present 6,000 p.a. however we understand the post office income should increase to in excess of 10,000 p.a. due to the volume of business currently being undertaken.

Staff

The business is at present operated by the vendor with the assistance of family help.

Trading Hours

6.30 a.m. - 7 p.m. seven days per week

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over, is at present let on a shorthold tenancy & provides a rental income of 10,000 p.a. however we understand vacant possession can be given on completion, if required. The SELF CONTAINED FLAT DOUBLE GLAZED & with GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Large Lounge
Kitchen

Tenure

We understand the entire premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of 10,000 p.a. exclusive of rates for the next 1 year with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable at present after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 48,000 or near offer plus STOCK AT VALUATION (10,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 24,000 (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 South Wales

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