Detached Newsagent and Post Office in Surrey For Sale

Excellent trading position, WEST SURREY/BERKSHIRE BORDERS

Turnover £ 3,500
Post Office £ 29,000
Price £799,950

Features

Detached Freehold Old Established News, Confectionery, Tobacco, Greeting Cards, Stationery and Post office


6 DAYS OPENING

Outstanding opportunity to acquire an old established freehold Newsagents in this sought after locality. In our opinion the business offers tremendous potential to develop as a Convenience Store type of operation to include the sale of wines, beers and spirits, subject to obtaining the necessary Licence.

DOUBLE FRONTED PREMISES, in the region of 1,100 ft², WITH ELECTRIC SHUTTERS, CCTV (4 cameras), non slip flooring, plasterboard ceiling with tube lighting.

Sales counter - Electric cash register. 2 drinks fridges (Coke and Redbull), fridge with sliding door, card racks, shelving, etc.

Post Office section - One position fortress, 2 position combi counter.

Office.

Stock room.

Staff cloakroom witrh toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a Gross profit of 27% approx. Wholesale newsbill £1,700 p.w. POST OFFICE income in the region of £28,000 p.a. - £30,000 p.a. approx.

Staff

The business is at present operated by the vendor with the assistance of his son and casual staff as required.

5 morning newsrounds. Delivery charge £4 p.w..

Trading Hours

Shop Hours
MONDAY - FRIDAY 6 a.m. - 5.30pm
SATURDAY 6 a.m. - 5.30 p.m.
SUNDAY 6 a.m. - 10.30 p.m.

Post Office Hours
MONDAY - FRIDAY 9 a.m. - 5.30 p.m.
SATURDAY 9 a.m. - 12.30 p.m.

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, accessed via a door to the right.

The accommodation comprises:

4 Bedrooms (3 double, 1 Single).
Bathroom with bath, w.c. and wash hand basin.
Kitchen.
Lounge.
Additional w.c.

In addition, there is a large loft area which in our opinion has potential for conversion into 2 further bedrooms, subject to the necessary planning permission.

Outside

Rear garden.

Tenure

FREEHOLD.

Business Rates from April 2025 £4,000 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE MAY 2006, AND OFFERED FOR SALE SOLELY DUE TO OWNER'S RETIREMENT

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £799,950 plus STOCK AT VALUATION (£15,000 APPROX.)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 559,965 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote