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Reference C9159

Newsagent & Post Office in Surrey For Sale

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

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

Turnover 12,500
Post Office 72,000
Price 239,950

Features

Well Fitted Counter News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries with Main Post office

CAR PARK OPPOSITE (Pay & Display)

Electric shutters to DOUBLE FRONTED SALES SHOP in the region of 600 sq. ft. sales area with quality tiled floor, suspended ceiling with LED lighting. Air conditioning unit. We understand the shop was refitted in 2013. 2.5m open cool display unit, counter, 2 electronic cash registers (1 with scanning), post office combination counter, in addition there is a Post Office counter with anti-bandit screen (2 positions).

Basement - ideal for storage purposes with kitchen plus staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 12,500 p.w. in our opinion offering tremendous potential for further increase especially with additional opening hours & with the introduction of the sale of wines, beers & spirits, subject obviously to obtaining the necessary Premises & Personal Licence. Wholesale newsbill 900 p.w. Gross profit 22% approx. Post office income 72,000 p.a. approx.

Staff

The business is at present operated by the vendor with the assistance of his wife on a part time basis. In addition there are 2 full time staff in respect of the retail shop plus 1 full time staff in respect of the main post office.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 7 p.m.
Sunday opening - 10 a.m. - 4 p.m.

Accommodation

The accommodation in the form of a SELF CONTAINED MAISONETTE over, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental income of 1,200 per month, however we understand that vacant possession can be given on completion, if required. The accommodation comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Outside

Rear garden

Tenure

We understand the entire premises are held on a secure renewable lease for a period of 10 years from December, 2018 at a rental of 36,000 p.a. exclusive of rates up to December, 2023 with rent to be agreed thereafter.

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2002

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 239,950 plus STOCK AT VALUATION (15,000/20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 119,975 (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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