Freehold Newsagent & Post Office For Sale

Business description

Advent Business Sales have been instructed to offer for sale this well established business with excellent further potential.

Established well over 50 years ago and under current ownership since 1995, it has now been reluctantly offered for sale due to retirement plans.

The business has strong sales from a range of goods including:
• Newspapers and magazines
• Cigarettes
• Confectionery
• Greetings cards
• Small range of convenience goods
• Cash point machine

Our client has built up healthy newspaper delivery rounds which include 12 ‘am’ rounds, 10 ‘pm’ rounds and 12 Sunday rounds.

The post office has received written confirmation that it will remain open. The salary is £37,900 pa.

Sales have remained within the same region for the past few years, although room for increase is clearly evident.

The post office offers a wide range of services and is a central focal point for the community.

The premises boast a three bed room family accommodation, which is currently being rented out, which returns a good rental income.

REF: 8924B

Property information

Property:

Freehold

Lease terms:

TENURE: Freehold

We are advised that the annual business rates are currently: £1150

Living accommodation:

BUSINESS PREMISES A mid parade premise with added security of a red care alarm system, CCTV and consists of the following: Ground Floor • Main sales area with point of sale counter to the front • Cigarette gantry • Range of fridge’s and freezers • Shelving and racking throughout • 2 x modern post office counter to the rear • Stockroom • Kitchen • W/c • Separate external entrance for the first floor living accommodation First Floor • 1 family bedrooms • Lounge diner • Fitted kitchen • Family bathroom • Third bedroom in loft extension External • Garden to rear with private parking • Ample parking to the front of premises • Garage in block to rear

Location:

This two storey mid parade property occupies a prime location within a popular residential area of Birmingham.

The premises are nestled in a small parade including a butchers, a florist and a convenience store.

There are excellent parking facilities with ample street parking to the front of the property.

The area can be accessed by the busy A38 Bristol road, which is less than half a mile away.

Other information

Expansion potential:

This established business offers excellent potential for growth including extending the opening hours and increasing the stock lines.

Trading hours:

Mon-Fri: 6am – 6.30pm,Sat: 6am – 6pm, Sun: 6am – 1pm

Financing available:

Please let us know if you require finance for the purchase of a business.

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