Newsagents With Post Office For Sale

Business description

Customer's car parking in front of parade for approx. 25 cars plus rear car parking

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 700 sq. ft. sales area, air conditioned, tiled floor, suspended ceiling with concealed lighting. The shop is well equipped including 4 greeting card display stands with drawers, modern adjustable shelving, magazine display shelving, 2 open cool display fridges (on loan from Coca Cola), 2 large glass topped chest display deep freezes, counter, EPOS scanning system with 1 till, back-up computer, cigarette gantry (on loan), photocopier (owned), CCTV system with 7 cameras, 1 monitor plus video. Post Office counter with anti-bandit screen (2 positions) etc.

Office
Stockroom
Kitchen area
Staff cloakroom with w.c. and wash hand basin

Property information

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease expiring in September, 2015 at a rental of £22,000 p.a. exclusive of rates up to June, 2011, with rent to be agreed thereafter. We are further advised that there is an option to renew the lease for a further 12 years at terms and rent to be agreed.

Uniform Business Rates: £5,000 p.a. approx. + water rates (metered)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Living accommodation:

The accommodation in the form of a SELF CONTAINED MAISONETTE over is at present let on a shorthold tenancy and provides a rental income of £700 per month, however, we understand that vacant possession can be given on completion. The accommodation with Ec

Location:

Situated in a parade of 5 shops, main road trading position, sought after residential area, on the SURREY/BERKSHIRE BORDERS.

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £8,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. In addition, in our opinion, there is potential for the sale of wines, beers and spirits, subject to obtaining the necessary Off Licence. Wholesale newsbill £2,200 p.w. Gross profit 24%. Post Office Salary £55,000 p.a. approx. (included in the post office salary is approx. £4,000 p.a. received in respect of the sale of on line national lottery tickets plus scratch cards).

Reasons for selling:

To Include The Secure Lease, Goodwill, Fixtures & Fittings £210,000 Plus Stock At Valuation (£20,000/£25,000 Approx). Substantial Loan To An Approved Applicant

Trading hours:

Monday - Saturday inclusive - 6 a.m. - 7 p.m.With the exception of Wednesday & Saturday when the business remains open until 7.15 p.m. in respect of the sale of on line national lottery tickets.Sunday opening - 6 a.m. - 1.30 p.m.

Financing available:

Substantial Loan To An Approved Applicant.

Contact the seller