Newsagent with Off Licence and Post Office in Wiltshire For Sale

Semi-detached property, unopposed trading position, residential area, Wiltshire.

Turnover £ 4,500
Post Office £ 44,000
Price £79,950

Features

Village Newsagents off Licence Plus Post office

6 DAYS OPENING
Plus out reach Post office MONDAY & FRIDAYS ONLY 9am - 12pm

DOUBLE FRONTED PREMISES in the region of 535 ft² WITH INTERNAL SHUTTERS, wood strip floor, ceiling with LED lighting, Combi sales counter, cash register, cigarette gantry, modern adjustable shelving, 2 x drinks display fridge (glass fronted upright), Wine display fridge plus milk and cheeses (glass fronted upright double-door), 2 x ice cream freezer, CCTV system (4 cameras, 1 monitor).

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a Gross profit of 22% approx.. POST OFFICE income in the region of £44,000 p.a. approx. (10% of the PO income is derived from operating the Out Reach facility.)

Staff

The business is at present operated by the vendor with the assistance of 4 part time staff. 6 news rounds, average delivery charge £5 p.w.

Trading Hours

7 Day week
MONDAY - FRIDAY 6am - 5.15pm
SATURDAY 6am - 4pm
SUNDAY 6am - 9am

Plus out reach Post Office MONDAY & FRIDAY 9am - 12pm

Outside

Shared parking to the front.
Storage Shed

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £10,000 p.a. for the first 4 years.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2006, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £79,950 plus STOCK AT VALUATION (£17,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 39,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote