- Advert ID: 702582
- (Seller ref: SE001222)
Newsagency Post Office Optional 3 Bed Home Eastbourne For Sale
Price Reduced
- Location:
-
- United Kingdom
- > England
- > South East
- > East Sussex
- > Eastbourne
- > Eastbourne
- Category:
-
- Retail
- > General
- > Newsagents
Listed by:
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Summary
- Asking price:
- £59,950 (Furniture / Fixtures included)
- Sales revenue:
- £366,310
- Net profit:
- < £100k
- Years established:
- 6
- Employees:
- run by husband and wife with one member of staff
Business description
Double fronted unit shop with 2 position Post Office (currently sublet separately). Current shop rent £8,000pa, with flat on 99 year residential lease. T/O £366,000+pa (approx £7,050pw) plus £6,953pa lottery commission and £5,196pa for PO rent, provides owners NP in excess £40,000+pa from M-Sat 6-6pm, except Weds and Sat 7.30pm; Sun 7.30am-1pm. Scope extra products, services and hours if desired. Shop only L/H £59,950. £214,950 for long and short leases, business goodwill, fixtures and fittings.
Property information
- Property:
- Leasehold
- Lease terms:
- 20 year lease from March 1989, rent £8,000pa. New lease will be made available to new owner at rent of £10,000pa with 4 yearly reviews thereafter.
- Location:
- In well populated residential area, in well supported local parade surrounded by complementary shops and catering outlets, free on-street parking in area.
Other information
- Expansion potential:
- Possibility that sub postmaster may retire in the future so the sub post office could become available for new owner subject to negotiation.
- Reasons for selling:
- retirement
- Trading hours:
- M,Tu,Th,Fr: 6am to 6pm; Wed and Sat 6am to 7.30pm; Sun 7.30am to 1pm.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- United Kingdom
- > England
- > South East
- > East Sussex
- > Eastbourne
- > Eastbourne
- Retail
- > General
- > Newsagents
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