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Reference C8730

Newsagent with Post Office in East Sussex For Sale

Newsagent with Post Office in East Sussex For Sale

Register to see map and to make an appointment Situated in a parade, residential area, EAST SUSSEX

Turnover 4,500
Post Office 27,000
Price 84,000

Features

Profitable News, Confectionery, Tbacco, Greeting Cards, Full Free off Licence Plus Post office Local

DOUBLE FRONTED SALES SHOP in the region of 600 sq. ft. sales area. We understand the shop was refitted approximately 1 year ago. New tiled floor, suspended ceiling with concealed LED lighting. Air conditioning. The equipment includes 1-3.75m open cool display unit (used for wines, beers, soft drinks etc), modern adjustable shelving, magazine display shelving, news stand (on loan), large greeting card display section, slats to walls, Walls ice cream deep freezer, counter plus post office combination counter (2 positions) etc.

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

Turnover

WE ARE INFORMED the turnover averages 4,500/5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 1,800 p.w. We are further advised that the gross profit is in the region of 25%. We understand the post office local currently provides an income currently in the region of 27,000 p.a.

Staff

The business is at present operated by a husband & wife team & no staff are employed. 6 local newsrounds. Delivery charge 1.50/2 p.w.

Trading Hours

Monday & Tuesday - 6 a.m. - 6 p.m.
Wednesday - 6 a.m. - 7.30 p.m.
Thursday - 6 a.m. - 6 p.m.
Friday & Saturday - 6 a.m. - 7.30 p.m.
Sunday opening - 6 a.m. - 1 p.m. only

Accommodation

Available as an optional extra on a shorthold tenancy at a rental of 650 per month is a SELF CONTAINED MAISONETTE over, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, all generally in GOOD CONDITION, comprises:

First Floor
Large Lounge plus adjoining fully fitted kitchen
Fully tiled shower room with shower, w.c. & wash hand basin

Second Floor
3 Bedrooms (2 doubles, 1 large single)
Fully tiled bathroom with bath, w.c. & wash hand basin

Tenure

We understand the shop premises are held on a secure renewable lease from a private landlady, the present lease expiring in January, 2020 at a current rental of 10,000 p.a. exclusive of rates up to January, 2017 with rent to be agreed thereafter.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 6 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 84,000 plus STOCK AT VALUATION (20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 42,000 (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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