Newsagents for sale in West Sussex

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S Martin (Feb 2013)
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Leasehold Price: £100,000 Price Reduced Weekly Turnover: £5,500
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Business Description
• ACCOMMODATION INCLUDED

Large Car Park providing ample customer's car parking for the parade (restricted to a maximum of 2 hours during the day).

SPACIOUS SALES SHOP approx. 550 sq. ft. sales area, refitted in September, 2010 at a cost we understand of approximately £25,000. New ceramic non-slip floor, suspended ceiling with concealed lighting, 4 greeting card display stands with drawers, magazine display shelving, 4m open cool display unit (used for soft drinks, dairy produce, wines and beers). Post office counter with anti-bandit screen (2 positions plus parcel hatch) etc.

Marking-up area at rear of shop
Staff cloakroom with w.c. and wash hand basin
Large stockroom with shelving.

Turnover : £5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £2,700 p.w. Gross profit 20% approx. Post Office income in the region of £59,000 p.a. approx. (including in the region of £6,000 receive in respect of the sale of on line national lottery tickets plus scratch cards). We are advised the Sub Post Office became a Main Post Office in November, 2015.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION (£6,500 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Friday inclusive - 5.30 a.m. - 5.30 p.m.
Saturday - 5.30 a.m. - 3 p.m.
Sunday - 6 a.m. - 12 noon
(Main Post Office opening hours - Monday - Saturday inclusive 6.30 a.m. - 5.30 p.m. Sunday opening - 6 a.m. - 12 noon).


Number of Employees:

The business is at present operated by a husband & wife team with the assistance of 1 part time staff in respect of the post office plus 1 part time staff in respect of the retail shop. 10 morning newsrounds. Delivery charge £1.98 p.w.

Tenure: Leasehold

Number of bedrooms: 2

Accommodation Details:

The accommodation in the form of a SELF CONTAINED FLAT all in GOOD CONDITION & with ELECTRIC DIMPLEX HEATERS, is at present let on a shorthold tenancy & provides a rental income of £575 per month, however we understand that vacant possession can be given on completion, if required. The accommodation comprises:

2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Office
Kitchen with fitted units

Location Details:

Situated in a parade, sought after village residential area, WEST SUSSEX

Listed by: Nationwide Businesses Ltd
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C8540
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