Convenience Store and Main Post Office in Kent For Sale

Situated in a parade, sought after residential area, close to station, KENT.

Turnover £ 3,000
Post Office £ 65,000
Price £170,000

Features

Main Post office with Convenience Store and off Licence

6 DAYS OPENING

DOUBLE FRONTED PREMISES, in the region of 550 ft², WITH ELECTRIC SHUTTERS - CCTV (8 cameras), Tiled flooring, suspended ceiling with LED lighting.

Sales counter, EPOS cash register, ice cream freezer, 2 large open chillers for alcohol and dairy, adjustable shelving.

POST OFFICE - Fortress with 2 counters and parcel hatch, combi-counter.

Photobooth.

Stockroom

Staff cloakroom with toilet and sink.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,500 / £3,000 p.w. with a Gross profit of 18% approx.. POST OFFICE income in the region of £65,000 p.a. approx.

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

We are informed the wage bill averages £600 p.w. approx.

Trading Hours

6 Day week
MONDAY - THURSDAY 9am - 7pm
FRIDAY - SATURDAY 9am - 8pm
CLOSED SUNDAY

Accommodation

Also included in the sale is the SELF CONTAINED FLAT over the shop, which is currently let on a shorthold tenancy & provides a rental income of £1,600 per month. The FLAT comprises:

3 beds (2 doubles, 1 box room)
Fitted kitchen / living room.
Bathroom with bath (shower above), toilet and sink.

Outside

Parking to rear for 4 cars

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2020 with reviews every 5 years (next review 2025) at a current rent of £25,000 p.a.

Business Rates from April 2024 £1,500 approx. after small biz relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £170,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 85,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote