General Stores for sale in East Sussex

View the "POST OFFICE, GEN STORE/OFF-LICENCE & 4 BED HOME - Brighton, East Sussex" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Freehold Price: £549950 Leasehold Price: £100000 Annual Turnover: £250,000 Annual Net Profit: £53,500
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Business Description
Long est 30+years in busy parade on main road to city in busy residential area. Retail T/O £210,000pa (£4,117pw) plus PO income of £40,000+pa with good NP circa £53,000+pa, opens M-Sat 6am-7pm & Sun 7am-2pm. Run by owner, wife & part-timers. Main area c.1,000 sq.ft. Self-contained flat above with lounge, 4 bedrooms, kitchen & bathroom. Sells news (counter only), confectionery, tobacco, cards, stationery, lottery. Can extend product lines and opening hours. Good opportunity to buy a profitable business with home above.
Trading Hours:


Monday to Saturday 6am to 7pm and Sunday 7am to 2pm.


Number of Employees:

run by the owner and his wife, with the support of part-time staff.

Tenure: Freehold, Leasehold

Number of bedrooms: 4

Accommodation Details:

The self-contained accommodation above is double glazed and centrally heated, and is available as at an additional rent if the business lease is acquired or included as part of a Freehold sale. It comprises; First Floor Lounge Kitchen with fitted units 2 x Double Bedrooms Second Floor 2 x Single Bedrooms, plus 1 small room (used as an extra stockroom) Bathroom with bath with shower over, WC and wash hand basin.

Location Details:

This highly profitable and long established Post Office, convenience store and off licence is located in a busy residential area of the East Sussex city of Brighton & Hove.

This is a prominent location on a main arterial road about 3 miles away from the Brighton town centre. The premises are part of a small parade of shops serving the local population, with excellent free parking facilities immediately outside as well as a bus stop. There is an industrial estate nearby and the shop is surrounded by a densely populated residential area with schools and other local amenities.

We understand that there is a high level of passing trade as a result of a good volume of traffic and pedestrian flow in this commercially thriving area.

Leasehold Term:

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease in respect of the shop premises with accommodation over at a rental of £34,400 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. The vendor is also prepared, subject to satisfactory references to grant a new 15 years full repairing and insuring lease in respect of the shop only (excluding the living accommodation) at a rental of £20,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years).

Website:

Listed by: Adams & Co
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SE001533
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