Asking price: £59,500

Sales revenue: £26,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Single fronted medium sized Sales Shop with semi-automatic entrance door. The shop has a carpet tiled floor, suspended ceiling, fluorescent and spotlighting, is well equipped including 5 greeting card display stands (3 with drawers under plus 2 with cupboards, modern shelving, additional display stands. Post Office Counter with anti-bandit screen (2 positions plus parcel hatch).

Rear room ideal for storage
Large cellar

Employees: The business is at present operated by the vendor's 2 daughters and no additional staff are employed. It will be appreciated upon inspection that this is an ideal husband and wife business.

Trading hours: Monday - Friday inclusive - 9 a.m. - 5.30 p.m. Saturday opening - 9 a.m. - 12.30 p.m. NO SUNDAY TRADING

Property: Leasehold

Lease terms
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £12,000 p.a. exclusive of rates for the first 5 years, with rent to be agreed thereafter. RECOMMENDED FOR EARLY INSPECTION

Living accomodation
The spacious living accommodation, all in GOOD CONDITION, fully DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises: 3 Double Bedrooms Bathroom with bath, shower over bath, w.c. and wash hand basin Spacious lounge approx. 20 ft. x 13 ft.

Location
Situated in a parade, main road trading position, residential area, EAST SUSSEX.

Expansion potential
WE ARE INFORMED the turnover averages £500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 35% approx. Post Office Salary £35,000 p.a. approx.

Reasons for selling
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION (£9,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £249,000 plus STOCK AT VALUATION (£9,000 approx). SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.