Substantial Convenience Store and Post Office in Essex For Sale

Detached property, unopposed trading position, residential area, Essex.

Turnover £ 7,000
Post Office £ 43,000
Price £895,000

Features

Substantial Convenience Store with off Licence and Post office Plus Hot Food Counter

GRADE II LISTED
Forecourt with Parking space for 2 car.

PREMISES in the region of 890 ft² with heavy duty carpeted floor, ceiling with LED lights, , sales counter, EPOS till, cigarette draw, 2 x open cool display unit, 2 glass topped deep freeze, adjustable shelving, CCTV system (8 cameras, 3 monitor)

Post Office Counter with anti-bandit screen. (1 position), etc. to rear,.

Stock room / Store room.

Kitchen, Commercial Oven, fridge, freezer.

Office.

Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 25.5% approx.. Wholesale newsbill £600 p.w.. POST OFFICE income in the region of £43,000 p.a. approx.

Staff

The business is at present operated by the Husband & Wife team with the assistance of 3 part time staff.

Trading Hours

7 Day week
MONDAY - FRIDAY 6.45am - 5.30pm
SATURDAY 7am - 2pm
SUNDAY 7.30am - 12pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating. The accommodation comprises:

3 Double Bedrooms (main en suite)
Large Lounge.
Large Kitchen.
Bathroom with shower, w.c. and wash hand basin.

Outside

Private garden plus Shop garden
Parking space for 1 car.
Storage area with 2 freezers.

Tenure

FREEHOLD

Business Rates from April 2024 £500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £895,000 plus STOCK AT VALUATION (£10,000 APPROX.)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 626,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote