Newsagent and Main Post Office in Merseyside For Sale

Parade of shops, MERSEYSIDE

Turnover £ 5,000
Post Office £ 65,000
Price £95,000

Features

Newsagents with Confectionery, Tobacco and Main Post office

SPACIOUS SALES SHOP in the region of 2,550 sq. ft. sales area. Tiled floor, suspended ceiling with fluorescent lighting, sales counter, EPOS till, cigarette gantry, modern adjustable shelving, open cool display unit, CCTV system.

4 Fortress positions.

First floor in the region of 785 ft²

Stock room.
Toilet with w.c. and wash hand basin.
Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 22% approx.. POST OFFICE income in the region of £65,000 p.a. approx.

Staff

At present operated under management.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

MONDAY - FRIDAY inclusive - 9 a.m. - 5.30 p.m.
SATURDAY 9 a.m. - 1 p.m.
NO SUNDAY TRADING

Tenure

We understand the premises are held on a licence, the present licence expiring in August, 2025 at a rental of £15,000 p.a. plus VAT

We further understand that the Council landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.

We are advised the is a service charge, presently £2,300 p.a.

Business Rates from April 2024 £4,000 approx. (after small business relief, anticipated to be £9,600 p.a. for 2025/2026 ) (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

**THE ASSIGNMENT OF THE LEASE IS SUBJECT TO THE LANDLORD APPROVING REFERENCES AND WE CONFIRM THAT THE LANDLORDS SOLICITORS COSTS ARE TO BE THE RESPONSBILIITY OF A PROSPECTIVE PURCHASER**

Finance

Subject to status, you maybe able to borrow up to £ 47,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote