Convenience Store with Off Licence and Post Office for sale in East Sussex
Business for sale
Asking Price:
£450,000
Turnover:
£364,000
Annual profit:
50k to 99k
Audited accounts:
Yes
Management accounts:
Yes
Business description
Turnover: We are informed the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £1,200 p.w. Post Office salary £46,000 p.a. approx. (including lottery commission of approx. £3,500 p.a). We are further advised that the sales year ending 31st March, 2006 showed £328,355 with a gross profit of £87,088 plus post office salary of £40,000 providing an overall gross profit of £127,088.Price: OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES AND FITTINGS in the region of £450,000 plus STOCK AT VALUATION (£22,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Features Layby in front of shop for 4 cars
Forecourt plus front grassed area to -
Spacious SALES SHOP approx. 700 sq. ft. sales area with industrial non-slip floor. The equipment includes modern adjustable shelving, centre display gondolas, 4 greeting card display stands (including 1 on loan. 3 with drawers under plus 1 with gift wrapping paper section), electronic cash register, counter, ice cream deep freeze, 1 glass topped deep freeze, open dairy display cabinet, 2 single door display fridges (owned). Post Office counter with anti-bandit screen (1 position), etc.
Stockroom with shelving
Small preparation area
2 Staff w.c's
It should be noted that we understand a large housing estate of approximately 80 houses is already under construction and we understand there is a further 40 houses planned nearby.
Staff The business is at present operated by 2 partners with the assistance of 3 part time staff. 4 morning newsrounds. Delivery charge £1.60 p.w.
Opening Hours Monday - Saturday inclusive - 6 a.m. - 6 p.m.
Sunday opening - 6 a.m. - 12.30 p.m.
Accommodation The accommodation with FULL GAS FIRED CENTRAL HEATING (a part from 2 of the bedrooms), comprises:
3 Bedrooms (1 very large double plus 2 additional doubles)
Bathroom with bath, shower over bath, w.c. and wash hand basin
Lounge
Additional Lounge area
Kitchen with fitted units
Small office
Outside Garden with patio area, fish pond, lawn, flower borders plus gravelled area with shed.
Garage with chest deep freeze
Tenure Uniform Business Rates: £3,090 p.a. approx.
OUTSTANDING OPPORTUNITY TO ACQUIRE A VALUABLE FREEHOLD PROPERTY COMBINED WITH LUCRATIVE SELF SERVICE CONVENIENCE STORE WITH SUB POST OFFICE IN THIS SOUGHT AFTER EAST SUSSEX LOCALITY.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Reference : G5054
Employee details
Fulltime staff:
2
Parttime staff:
3
