Newsagents for sale in East of England

View the "HIGHLY NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY slight CONVENIENCE GROCERIES, FULL FREE OFF LICENCE with SUB POST OFFICE" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

HIGHLY NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY slight CONVENIENCE GROCERIES, FULL FREE OFF LICENCE with SUB POST OFFICE

Essex, England

  • Leasehold Price: £120,000  Price Reduced arrow_drop_down
  • Weekly Turnover: £8,000
Seller Reference: NB-C7957
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Business Description
 
 
 
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Seller Reference: NB-C7957
Request Details
Business Description
IMPRESSIVE & SPACE DOUBLE FRONTED SALES SHOP probably in the region of 700 sq. ft. sales area. Refitted approximately 2½ years ago at considerable expense. Ceramic tiled floor, suspended ceiling with concealed lighting. 2 air conditioning units, retail counter with combination post office counter (2 positions), till with counter, cigarette gantry (on loan), modern adjustable shelving, 1-2.5m open cool display unit (used for sandwiches, dairy produce, milk plus wines & beers), 1-2m open cool display unit (on lease), greeting card display section, magazine display shelving, 1 upright double door glass fronted display deep freeze, hot drinks dispenser (on lease) etc.

Small room at rear for secure post office transactions

Staff cloakroom with w.c. and wash hand basin

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

Turnover : WE ARE INFORMED the turnover is in the region of £8,000 p.w. inclusive of VAT, in our opinion offering further potential to increase in the right hands. Wholesale newsbill £900 p.w. We understand the current post office income is in the region of £44,000 p.a. We are further advised that the sales year ending 31st March, 2018 showed £333,756 with a gross profit of £102,941 (including post office income of £38,246 plus other income of £4,286).

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN 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.

Lease : £120,000 (C7957)

www.NationwideBusinesses.co.uk

Trading hours:
Monday - Saturday inclusive - 6 a.m. - 8 p.m.
Sunday opening - 7 a.m. - 5 p.m.
Number of employees:
The business is at present operated by a husband and wife team with the assistance of 1 full time and 1 part time staff. 3 morning newsrounds. Delivery charge 35p per day.
Tenure:
Leasehold
Is accommodation included?:
Parking space at rear for 1 car
Location Details:
Situated in a parade, excellent main road trading position, residential area, ESSEX
Listed by:
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