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Established News, Confectionery, Tobacco, National Lottery, Greeting Cards, Stationery And Post Office In Surrey For Sale

Surrey, UK
Asking Price:
£730,000
Turnover:
£182,000
Net Profit:
Undisclosed

Outstanding opportunity to acquire an old established freehold Newsagents in this sought after locality. In our opinion the business offers tremendous potential to develop as a Convenience Store type of operation to include the sale of wines, beers and spirits, subject to obtaining the necessary Licence.

DOUBLE FRONTED PREMISES, in the region of 1,100 ft², WITH ELECTRIC SHUTTERS, CCTV (4 cameras), non slip flooring, plasterboard ceiling with tube lighting.

Sales counter - Electric cash register. 3 drinks fridges (Coke and Redbull), fridge with sliding door, card racks, shelving, etc.

Post Office section - One position fortress, 2 position combi counter.

Office.

Stock room.

Staff cloakroom witrh toilet and wash hand basin.

LOCATION: Excellent trading position, WEST SURREY/BERKSHIRE BORDERS

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a Gross profit of 27% approx. Wholesale newsbill £1,700 p.w. POST OFFICE income in the region of £28,000 p.a. - £30,000 p.a. approx.

ACCOMMODATION: YES, accommodation is included, you must click the 'Contact Broker' button for additional details.

STAFFING: The business is at present operated by the vendor with the assistance of his son and casual staff as required.

5 morning newsrounds. Delivery charge £4 p.w..

PRICE: TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £730,000 plus STOCK AT VALUATION (£15,000 APPROX.)

SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; OPENING HOURS, ACCOMMODATION DETAILS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Freehold

Living Accommodation:

Accomodation Included

Other Information

Post office salary:
£29,000 per annum