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Established Newsagents With Off-Licence & Post Office Local For Sale

Hertfordshire, UK
Asking Price:
£175,000
Turnover:
£416,000
Net Profit:
Undisclosed

DOUBLE FRONTED SHOP in the region of 650 ft² WITH INTERNAL SHUTTERS, laminated strip floor, suspended ceiling with LED lights, sales counter, cash register, cigarette gantry, modern adjustable shelving, 8 x drinks display fridge (glass fronted upright), glass fronted upright, freezer, Bakery section (not utilised), 2 revolving card display stands, CCTV system (20 cameras, 1 monitor).

Post Office Counter with anti-bandit screen. (1 position), etc. to rear.

Stock room / Store room.

Staff Toilet with w.c. and wash hand basin.

Kitchen, oven

LOCATION: Situated in a small parade, excellent trading position, residential area, close to 3 schools, Herts.

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £8,000 p.w. with a Gross profit of 27% approx.. Lucrative Wholesale newsbill £3,100 p.w.. POST OFFICE income in the region of £13,200 p.a. approx.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:
NATIONAL LOTTERY £30 per week 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 Husband & Wife team with the assistance of 1 part time staff. 8 news rounds, delivery charge £5 p.w.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £175,000 plus STOCK AT VALUATION

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

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

Property Information

Property:

Leasehold

Living Accommodation:

Accomodation Included

Other Information

Post office salary:
£13,200 per annum