Nationwide are delighted to present to the market HIGHLY PROFITABLE & SUPERBLY FITTED NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY slight CONVENIENCE GROCERIES, FULL FREE OFF LICENCE with POST OFFICE LOCAL. Situated in a parade, excellent main road trading position, residential area, ESSEX.
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 basinTurnover :
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 £150,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN 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 : £150,000 (C7957)
Is accommodation included?:
Parking space at rear for 1 car