Old Established Convenience Store and Post Office in East Sussex For Sale

Residential area, EAST SUSSEX

Turnover £ 5,500
Post Office £ 17,000
Price £89,950

Features

Convenience Store and Post office

FORECOURT DISPLAYING FRUIT AND VEG
FREE PARKING TO THE FRONT

DOUBLE FRONTED PREMISES in the region of 585 ft² with laminated and wood strip floor, suspended ceiling with LED lighting, COMBI sales counter, EPOS till, cigarette shelf, modern adjustable shelving, 2 x open cool display unit, 2 glass topped deep freezers, upright freezer,, CCTV system (7 cameras, 1 monitor).

Large Stock room.

Toilet with shower, w.c. and wash hand basin.

Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,500 p.w. with a Gross profit of 25% approx.. POST OFFICE income in the region of £17,000 p.a. approx.

Staff

The business is at present operated by the Husband & Wife team with the assistance of 1 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 8am - 10pm
SUNDAY 10am - 9pm

Outside

Rear garden. Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2013 with reviews every 4 years (next review 2029) at a current rent of £9,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £89,950 plus STOCK AT VALUATION (£25,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 44,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote