Advert Ref: S2089

Convenience Store Newsagency Off Licence & Post Office For Sale

  • Leicestershire, United Kingdom
Asking price:
£295,000
Sales revenue:
£392,137
Net profit:
£40,862
Years established:
Long established

Retirement sale of this long established, traditional village shop and Post Office. Monopoly trading position serving several affluent villages and the surrounding area. National lottery agency. Detached two storey, two bedroom Georgian property. Accounts show annual sales of £392,137 with a gross profit of £89,194 and an adjusted net profit of £40,862 (Post Office Salary £19,895). Leasehold option available.

PART EXCHANGE CONSIDERED FOR A RESIDENTIAL PROPERTY ANYWHERE IN THE U.K.

Property:
Freehold
Lease terms:
Option to purchase on a leasehold basis; new lease with term of upwards of fifteen years, rent only £12,800 per annum exclusive. Premium sought for the business goodwill, trade inventory and lease being £85,000. Stock extra at valuation.
Living accomodation:
Charming detached two bedroom property with driveway providing off road parking. Rear garden with outbuildings.
Location:
Situated in an attractive village within easy commuting distance of Coventry, Rugby, Market Harborough, Hinckley , Leicester , M40 and M1.
Competition / Market:
Totally unopposed in the village and rural surround.
Reasons for selling:
Retirement sale after twenty five years of ownership.
Trading hours:
7.30am to 7.00pm Monday to Saturday (7.30pm Wednesday & Saturday), 8.30am to 12.30pm Sunday.
Financing available:
Via Ashley Tate's recommend panel of banks and brokers.
Fixtures value:
Undisclosed
Stock value:
Undisclosed

If you are interested in finding out more about this business for sale, you can contact us via any of the three options below.