Asking price: £325,000

Sales revenue: 0 - £200k

Net profit: £100k - £250k

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This business has been in the same vendors hands for over 20 years during which time has traded very successfully. It should be noted that until just recently the business had the benefit of a sub post office being attached to the property. Since the termination of the sub post office contract my clients have recorded extremely substantial and profitable turnover working very modest trading hours. There would be enormous scope to introduce other lines within the shop especially packet grocery, off licence and of course increase the present trading hours. This business will appeal to a family requiring a business with an attractive home above. Ideal family concern – could be run by one partner whilst the other pursues his/her own career. Price Reduction Freehold £325,000 SAV or Leasehold £29,500 SAV Ref: 5822S

Years established: 20 years

Employees: 1 part time asistant

Trading hours: 6am to 5.30pm Mon,Tues,Thurs.. & Fri. Close at 2pm Wed,Sat & Sun.

Property: Freehold

Lease terms
Freehold or Alternatively New negotiable full repairing & insuring lease at a commencing rental of £20,000 per annum, exclusive

Living accomodation
The living accommodation is accessed by its own separate entrance from the front and the rear and comprises GROUND FLOOR: Day Lounge with modern Kitchen adjoining fitted with modern base and wall units. Access to Attractive Garden with Detached Garage and standing space. Stairs leading to FIRST FLOOR: 2 Double Bedrooms, 1 Single Bedroom, Lounge, Bathroom with shower attachment and Separate WC. Access to boarded loft. Gas fired central heating throughout (not tested)

Location
Modern Parade Worthing West Sussex.

Expansion potential
Scope to introduce longer hours & introduce other lines

Support & training
Yes

Reasons for selling
Ill health & retirement sale

Financing available
Subject to status