Leasehold Post Office & Convenience Store
Location England
Asking Price Range < $250K
Gross Revenues $350187
Net Profit / Cash Flow $70000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1958
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Description LEASEHOLD POST OFFICE AND CONVENIENCE STORE FOR SALE. ASKING FOR œ159,950. Advent Business Sales have been instructed to offer for sale this quality well established profitable concern. It has been trading successfully for 50+ years with the current vendor at the helm for some 20 years. This splendid opportunity has arisen as the vendor wishes now to retire at the age of 70.
The business operates on lines of a supermarket and Post Office, offering all the normal goods for sale and Post Office services including: Cigarettes and tobacco, beer, wines and spirits, confectionery, snacks and crisps, frozen foods, ice cream and tinned foods and ladies tights etc. Our client is an agent for Camelot and offers the Lottery.
The surrounding villages use the Post Office and store on a regular basis. Many have expressed their wishes for newspaper deliveries.
BUSINESS PREMISES - A detached property briefly comprising of Ground Floor: Entrance, counter with cigarette gantry to rear, lottery point, good standard of racking and shelving throughout, counter secure Post Office, storage to rear, small office, gardens, double garage with secure private car parking to rear. The sales area is approximately 1,000 sq ft. First Floor: Fully fitted kitchen/diner, delightful lounge, main double bedroom with fitted wardrobes, bathroom/shower and separate w/c, second double bedroom. Third double bedroom with built in wardrobes. External: To the front side of the property are approximately 6 dedicated car parking spaces for customers.
TENURE - Leasehold with first refusal to purchase freehold. Current Lease - 21 years. Lease Remaining - 2 years. Review every - 5 years. Annual Rent - œ15,000. Landlord will give a new 12 year lease. We are advised that the annual business rates are currently: œ3,820.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
