Old Established Newsagent and Post Office in East Sussex

Nationwide are delighted to present to the market Old Established NEWSAGENTS & POST OFFICE. Situated in a parade, busy road, residential area, EAST SUSSEX.

DOUBLE FRONTED PREMISES in the region of 440 ft² with lino floor, suspended ceiling with LED panel lights, Air conditioning with hot air, Combi sales counter, EPOS till., cigarette gantry, modern adjustable shelving, Coca-Cola fridge, walls Ice Cream Freezer, card display stands, CCTV system (8 cameras, 1 monitor)

Post Office Counter with anti-bandit screen. (2 positions), etc. to rear.

Stock room.

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

Kitchen.

Turnover : WE ARE INFORMED by the owner the turnover currently averages £2,750 p.w. with a Gross profit of 28% approx. Wholesale newsbill £600 p.w. POST OFFICE income in the region of £88,000 p.a. approx.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £40 per week approx.

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATION (£10,000 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 : £135,000 (C9479)

www.NationwideBusinesses.co.uk