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Reference C9016

Post Office & Newsagent in Kent For Sale

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

Register to see map and to make an appointment Situated in a parade, excellent trading position, sought after residential area KENT

Turnover 6,000
Post Office 100,000
Price 175,000

Features

Profitable News, Confectionery, Tobacco, Greeting Cards, Stationery, Full Free off Licence with Main Post office

PUBLIC CAR PARK NEARBY (Pay & Display)

SPACIOUS SALES SHOP in the region of 1,400 sq. ft. sales area with quality tiled floor, suspended ceiling with concealed lighting. Counter, 2 tills with scanning system, post office combination counter, 6-door glass fronted cool display unit (used for wines & beers), 8-door glass fronted cool display unit (used for soft drinks), modern adjustable shelving, 4 greeting card display stands with drawers under, Post Office counter with 2 positions plus fortified position etc.

Staff cloakroom

Basement

Turnover

WE ARE INFORMED the turnover is currently in the region of 6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 1,100 p.w. We are advised that the Post Office income is in the region of 100,000 p.a. (including on line national lottery tickets & scratch cards commission). We are further advised that the sales year ending 31st August, 2017 showed 298,799 with an overall gross profit of 184,438 (including gross post office income of 95,028).

Staff

At present operated by a husband & wife team with the assistance of 6 part time in the retail shop & 6 part time in respect of the main post office section. 12 morning newsrounds. Delivery charge 2.75 p.w.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 5.30 p.m.
NO SUNDAY TRADING

Outside

Parking space at rear for 1 car

Tenure

We understand the premises are held on a secure renewable lease, the present lease having 4 years unexpired from June, 2018 at a rental of 32,000 p.a. exclusive of rates, fixed for the remainder of the term. We understand from the present tenant that the landlords are prepared to consider granting a new lease, subject to satisfactory references, at an initial rental of 32,000 p.a. exclusive of rates with rent revisions.

THIS WELL ESTABLISHED RETAIL BUSINESS WITH MAIN POST OFFICE HAS BEEN IN THE SAME HANDS FOR THE PAST 18 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDORS RETIREMENT

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 175,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 87,500 (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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