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Reference G7806

Supermarket, Newsagent, Off Licence and Post Office Local in South Yorkshire For Sale

Register to see map and to make an appointment Residential area, SOUTH YORKSHIRE

Turnover 14,000
Post Office 35,000
Price 175,000

Features

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence Plus Post office Local

Customers' car parking at rear for approximately 20 cars

SPACIOUS SALES SHOP in the region of 900 sq. ft. sales area we understand newly fitted approximately 5 years ago. Tiled floor, suspended ceiling with LED lighting, 3-3.75m open cool display chillers, 1-2.5m sliding door display deep freezer, 1 double door upright deep freezer, ice cream deep freezer, counter, 1 till with EPOS scanning system. Post Office combination counter with 2 positions etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 14,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 700 p.w. We are further advised that the gross profit is in the region of 23%. We further understand that the post office income is in the region of 35,000 p.a. We understand that Royal Mail pay a rental of 30,000 p.a. for parking & storage facilities.

Staff

At present operated by staff. 2 full time & 2 part time staff employed.

Trading Hours

Monday - Saturday inclusive - 6 a.m. - 10 p.m.
Sunday opening - 9 a.m. - 8 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a rental of 14,000 p.a. exclusive of rates for the next 4 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 2,300 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 175,000 plus STOCK AT VALUATION (45,000 approx)
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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