Newsagents with Post Office for sale in Berkshire
Business for sale
Asking Price:
£120,000
Turnover:
£364,000
Annual profit:
£42,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
Location This business is located in Berkshire. (Registered users can see full location details)Turnover WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £2,400 p.w. Gross profit 20% approx. Post Office salary £42,000 p.a. approx.
Price TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features Large Free Car Park adjacent to the Shopping Centre
SPACIOUS SALES SHOP approx. 2,000 sq. ft. with tiled floor, suspended ceiling, fluorescent lighting. The equipment includes counter, scanning system with till, modern adjustable shelving, 2 upright double door drinks display fridges (including 1 on loan), ice cream deep freeze (owned), 5 greeting card display stands, magazine display shelving, 1 additional greeting card display stand with gift wrapping paper section, CCTV system with 10 carmers, 3 monitors plus recording system. Post Office Counter with anti-bandit screen (2 positions) etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Staff The business is at present operated by the owner with the assistance of his brother plus 2 part time staff in respect of the Sub Post Office.
Opening Hours Monday & Tuesday - 7 a.m. - 6 p.m.
Wednesday & Friday - 7 a.m. - 7.30 p.m.
Saturday opening - 6 a.m. - 7.30 p.m.
Sunday opening - 7 a.m. - 3 p.m.
Tenure We understand the premises are held on a secure renewable lease having approximately 8 years unexpired at a rental of £25,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.
Uniform Business Rates: £9,000 p.a. approx. + water rates
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Reference : C6915
Employee details
Fulltime staff:
0
Parttime staff:
2
