Convenience Stores for sale in Essex

View the "Newsagent, Convenience Store and Main Post Office in Essex" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Unbelievable, as I've saved hundreds on agents fees, by doing it myself. 

Anjam Hussain (Jun 2017)
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Freehold Price: £650,000 Weekly Turnover: £7,000
Request Details
Business Description
IMPRESSIVE & SPACIOUS SALES SHOP in the region of 1,250 sq. ft. sales area. Refitted to a high standard at considerable expense approximately 5 years ago. Non-slip floor, suspended ceiling with concealed lighting. 2 air conditioning/heating units. Retail counter with 2 tills, EPOS scanning system, 2 open position Post Office counters plus 1 secure position with anti-bandit screen, 14 greeting card display stands with drawers, centre display gondolas, 1-2.75m open cool display unit (used for soft drinks), ice cream deep freezer (owned) etc.

Rear stockroom
Staff kitchen with sink
Staff w.c.

Situated in a parade, excellent trading position, residential area ESSEX

• ACCOMMODATION INCLUDED

The accommodation in the form of TWO SELF CONTAINED FLATS over DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

Flat A.

2 Bedrooms (1 large double, 1 additional double)
Bathroom with bath, w.c. & wash hand basin
Spacious lounge/dining Room approximate 25' long
Fitted kitchen/breakfast room

Flat B.

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. & wash hand basin
Large Lounge
Kitchen

We understand this flat is currently let on a shorthold tenancy and provides a rental income of £900 per month, however we are further advised that vacant possession can be given on completion, if required.

Turnover : WE ARE INFORMED the turnover currently averages £6,000 p.w. in our opinion offering tremendous potential for further development, especially with the introduction of additional groceries & with the introduction of the sale of wines, beers & spirits, subject to obtaining the necessary Premises & Personal Licence. Wholesale newsbill £1,600 p.w. We understand the post office income is in the region of £52,000 p.a. We are further advised that the sales year ending 31st January, 2016 showed £247,461 with a gross profit of £97,671 (including post office income of £54,600).

PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY (INCLUDNG THE 2 SELF CONTAINED FLATS), GOODWILL, FIXTURES & FITTINGS £650,000 plus STOCK AT VALUATION (£25,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.

Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote.

Freehold : £650,000 (C8537)

www.NationwideBusinesses.co.uk

Trading Hours:
Monday - Saturday inclusive - 6 a.m. - 6.30 p.m.
With the exception of Wednesday & Saturday when the business opens from 6 a.m. - 7.30 p.m. for the sale of on line national lottery tickets plus scratch cards & the business also remains open on Friday until 7 p.m. for the sale of on line national lottery tickets plus scratch ards.
Sunday opening - 6 a.m. - 2 p.m.

Number of Employees:
At present operated by the vendor plus 1 full time in respect of the post office. Retail shop 1 full time & 1 part time staff. 6 morning newsrounds. Delivery charge £1.50 p.w.
It will be appreciated upon inspection with a more active husband & wife team, the wage bill could be reduced.

Tenure: Freehold

Number of bedrooms: 2

Accommodation Details:
The accommodation in the form of TWO SELF CONTAINED FLATS over DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

Flat A.

2 Bedrooms (1 large double, 1 additional double)
Bathroom with bath, w.c. & wash hand basin
Spacious lounge/dining Room approximate 25' long
Fitted kitchen/breakfast room

Flat B.

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. & wash hand basin
Large Lounge
Kitchen

We understand this flat is currently let on a shorthold tenancy and provides a rental income of £900 per month, however we are further advised that vacant possession can be given on completion, if required.

Location Details:
Situated in a parade, excellent trading position, residential area ESSEX

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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C8537
Seller Reference:
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