Search more Newsagents for sale in Surrey
Reference C8573

Newsagent, Convenience Store and Post Office Local in Surrey For Sale

Newsagent, Convenience Store and Post Office Local in Surrey For Sale
Newsagent, Convenience Store and Post Office Local in Surrey For Sale Buy a Newsagent, Convenience Store and Post Office Local in Surrey For Sale Sell a Newsagent, Convenience Store and Post Office Local in Surrey For Sale

Register to see map and to make an appointment Situated in a parade, residential area, SURREY. The business is situated in a large residential area with 2 schools & a hospital nearby plus not far from the university.

Turnover 4,400
Post Office 25,000
Price 45,000

Features

News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries Plus Post office Local

FREE PARKING IN FRONT OF PARADE LIMITED TO 2 HOURS DAYTIME

SINGLE FRONTED SALES SHOP in the region of 600 sq. ft. sales area with tiled floor, fluorescent lighting. Well equipped including counter, touch screen till, post office combination counter, 3.9m open cool display unit (used for soft drinks & sandwiches), magazine display shelving, greeting card display section, 2 display gondolas, ice cream deep freezer, CCTV system with 7 cameras, monitor plus recording etc.

Stockroom
Staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 4,400 p.w. in our opinion offering terrific potential for further development, especially with additional opening hours & with the introduction of the sale of wines, beers & spirits, subject to obtaining the necessary Premises & Personal Licence. Wholesale newsbill 900 p.w. Gross profit 23% approx. We understand the Post Office Local income is anticipated to be in the region of 25,000/28,000 p.a. including lottery commission. The business also has Paypoint plus Collect Plus which we understand provides a commission of approximately 60 per month. We further understand that an ATM machine is being installed shortly.

Staff

The business is at present operated by the vendor on a part time basis with the assistance of 2 full time & 3 part time staff. 6 morning newsrounds. Delivery charge 2.20 p.w.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Saturday inclusive - 6 a.m. - 6 p.m.
Sunday opening - 6 a.m. - 1 p.m.

Outside

Shared service area with parking
The business has a storage container plus garage

Tenure

THE VENDOR OWNS THE LONG LEASEHOLD PROPERTY & SUBJECT TO SATISFACTORY REFERENCES IS PREPARED TO GRANT A NEW 10 YEARS FULL REPAIRING AND INSURING LEASE IN RESPECT OF THE SHOP PREMISES AT A RENTAL OF 9,000 P.A. EXCLUSIVE OF RATES FOR THE FIRST 5 YEARS WITH RENT TO BE AGREED THEREAFTER.

Uniform Business Rates: Nil payable after full relief

EPC Rating: C (73)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW, GOODWILL, FIXTURES & FITTINGS 45,000 plus STOCK AT VALUATION (in the region of 15,000/20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 22,500 (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 Surrey

Buy a Newsagent, Convenience Store and Post Office Local in Surrey For Sale on NationwideBusinesses.co.uk