Business for sale

Business description

Attractive Freehold Village News, Confectionery, Tobacco, Greeting Cards, Stationery, Convenience Groceries with Sub Post Offices.

We are informed the turnover averages £6,500 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours and indeed the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary off licence. Wholesale newsbill £1,950 p.w. Gross profit 22% approx. Post Office salary £33,000 p.a. approx. We are further advised that the sales year ending 31st August, 2007 showed sales of £307,891 with a gross profit of £100,563 (including post office salary of £33,207 including approx. £5,000 p.a. in respect of commission for the sale of on line national lottery tickets plus scratchcards).


Price: TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £495,000 plus STOCK AT VALUATION (£18,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT


Features: DOUBLE FRONTED SALES SHOP approx. 500 sq. ft. with tiled floor, suspended ceiling, concealed lighting, air conditioning/heating unit. Counter, till with EPOS scanning system, combination Post Office counter, modern adjustable shelving, 3 greeting card display stands with drawers, open cool display unit, upright glass fronted display deep freeze, magazine display shelving, centre display gondola, photocopier (on loan). CCTV system with 5 cameras, 2 monitors plus recording system etc.

Stairs to basement providing marking up room for papers
Stockroom


Staff: The business is at present operated by a husband and wife team with the assistance of family help. 8 morning newsrounds (7 within the village area plus 1 rural round undertaken by the vendor). Delivery charge £1.50/£2 p.w.


Opening Hours Monday - Saturday inclusive - 6.30 a.m. - 6 p.m.
With the exception of Wednesday evening & Saturday evening when the business remains open until 7 p.m. for the sale of on line national lottery tickets.
Sunday opening 7.30 a.m. - 12 noon


Accommodation The spacious living accommodation all in VERY GOOD CONDITION, fully DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

Ground Floor
Large Lounge with laminated strip floor, gas coal effect fire
Kitchen with fitted units
Utility room/kitchen
Shower room with shower, w.c. and wash hand basin

Stairs to first floor comprising
5 Bedrooms (4 doubles, 1 single)
Large bathroom with bath, w.c. and wash hand basin


Outside Attractive paved courtyard.


Tenure Uniform Business Rates: £990 p.a. after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : C7057