Sussex Stationers Cards & Post Office For Sale

Business description

This business is situated in a bustling parade entirely surrounded by densely populated neighbourhoods in the better part of this vibrant Sussex coastal city. This concern has been in the same family for approximately 40 years and has never come to the market place until the present owners decided to retire.

SPECIAL NOTE: We are informed that the Government have announced a new 10 year agreement with the Royal Mail to prevent further Post Office closures, further information can be obtained from the general Secretary of the National Federation of Subpostmasters.

Property information

Property:

Leasehold

Lease terms:

The entire premises will be held on a new 16 years full repairing and insuring lease with upward only rent reviews at a commencing rental of £12,500 per annum ,exclusive fixed for the first 4 years with 4 yearly rent reviews thereafter.

Location:

Bustling parade entirly surrounded be densely populated neighbourhoods vibrant Sussex coastal city.

Premises details:

Smart Double Fronted shop extremely well fitted and equipped complete with 20’ display of greetings cards, central display gondolas, extensive stationery display fittings. A full inventory of trade fixtures and fittings will gladly be supplied to a bona fide purchaser at the appropriate time. The business has 2 section Post Office Counter complete with anti bandit screening, Separate Retail Counter. Access to Large Dry Basement which provides staffroom facilities with fitted modern sink unit, WC with wash hand basin. Wealth of quality shelving.

Planning consent:

A1

Business Operation

Reasons for selling:

Retirement

Trading hours:

Hours of Opening: Monday to Friday – 8.30am to 5.30pm. Saturday 8.30am to 12.30pm. Closed all day Sunday. Strict 5 ½ day week. 4 staff are employed plus the vendor and his wife. Wages amount to £17,200 per annum.

Employees:

4 staff are employed plus vendor and his wife

Years established:

Established 40 years