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Reference C9247

Newsagent & Post Office in Suffolk For Sale

Register to see map and to make an appointment Situated in a parade of shops, residential area SUFFOLK

Turnover 3,000
Post Office 12,000
Price 79,500

Features

Long Leasehold (approximately 40 Years Ground Rent Only 50 Pa Fixed For The Entire Period) News, Confectionery, Tobacco, Convenience Groceries, Full Free off Licence Plus Post office Local

NO PARKING RESTRICTIONS

SINGLE FRONTED SALES SHOP probably in the region of 400/450 sq. ft. sales area with tiled floor, suspended ceiling, LED lighting. The equipment includes 1 greeting card display stand with drawers under, ice cream deep freezer, double door glass fronted display fridge, double door glass fronted display deep freezer, 1 open cool display unit (on loan), shelving, Post Office counter etc.

Small stock room
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 350 p.w. Gross profit 22% approx. Post Office income in the region of 12,000 p.a.

Staff

The business is at present operated by a husband & wife team with the assistance of 1 part time staff.

Trading Hours

Monday - Friday inclusive - 7.30 a.m. - 5.45 p.m.
Saturday opening - 7.30 a.m. - 2 p.m.
NO SUNDAY TRADING

Outside

Garage
Parking space at rear for 1 car

Tenure

We understand the property is leasehold having approximately 40 years unexpired at a ground rent of only 50 p.a. fixed for the entire period.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 7 YEARS

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 79,500 plus STOCK AT VALUATION (10,000/12,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 39,750 (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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