Newsagents for sale in West Sussex

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Newsagent and Post Office in West Sussex

West Sussex, England

  • Freehold Price: £480,000
  • Leasehold Price: £95,000
  • Weekly Turnover: £4,300
Seller Reference: NB-C8935
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Business Description
 
 
 
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Seller Reference: NB-C8935
Request Details
Business Description
Nationwide are delighted to present to the market PROFITABLE NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, CONVENIENCE GROCERIES with SUB POST OFFICE including ON LINE NATIONAL LOTTERY & SCRATCH CARD SALES. Situated in a parade of 4 shops, residential area, WEST SUSSEX.

LARGE LAYBY & FORECOURT IN FRONT OF SHOP PROVIDING FREE CAR PARKING

ATTRACTIVE DOUBLE FRONTED SALES SHOP in the region of 400 sq. ft. sales area with carpet tiled floor, suspended ceiling with concealed lighting. Well equipped including counter, electronic cash register with EPOS scanning system, 1 single door glass fronted fridge, 1 double door sliding glasss fronted fridge, shelving, 2 greeting card display stands. Post Office counter with anti-bandit screen. CCTV system with 8 cameras, monitor plus recording.

Rear office/stockroom

It will be appreciated upon inspection that there is the potential to extend the shop area into the rear office/stockroom, if desired.

Staff w.c.
Staff kitchen

Turnover : WE ARE INFORMED the turnover currently averages £4,300 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers & spirits, subject obviously to obtaining the necessary Premises & Personal Licence & indeed there is potential in our opinion to open additional hours, if desired. Post office income up to October, 2018 £24,603. We are further advised that the sales year ending 31st October, 2018 showed £220,238 with a gross profit of £58,196 plus post office income of £24,603 providing a total gross profit of £82,799.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£8,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £480,000 plus STOCK AT VALUATION (£8,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT (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)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £95,000 Freehold : £480,000 (C8935)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold, Freehold
Is accommodation included?:
The accommodation in the form of a SELF CONTAINED MAISONETTE over DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy & provides a rental income of £850 per month, however we understand vacant possession can be ginve on completion, if require. The Maisonette comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, shower over bath, w.c. & wash hand basin
Large Lounge
KitchenPaved garden. Driveway to large single garage
Listed by:
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