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Off Licence Post Office Newsagents For Sale

Tibshelf, Derbyshire
Freehold Price:
£365,000
Leasehold Price:
£50,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
183494

Details

Over 1100 square foot shop floor space. two x one bedroom flats out on rent. Separate meters and entrance. Very large yard at rear rented out separately. Total rental income £750 per month. There is lots of potentials to expand or build. Shop fully refitted to a high standard. I am willing to offer the opportunity to buy the business on a leasehold or freehold. Weekly shop sales £8000 excluding services. Monthly average post office salary £2500.

Last net profit on latest accounts was £26,203. This was after shop refit costs and bank loan interest were taken out which was £18,000 per year.
So in general potential new owner could have a net profit of £44,000 per Annum

Weekly staff cost is £262.50 ( 1x part time staff member works five hours a day
For seven days)

No business rates payable due to small business relief.

Monthly rent £1250 shop only OR £2000 for whole property which will include flats and back yard.

Listing Details
Freehold Price: £365,000
Leasehold Price: £50,000
Tenure: Freehold
Tenure: Leasehold
Sector: Post Offices, Off Licences, Newsagents
Financials
Annual Turnover: £416,000
Annual Net Profit: Available upon request
Key Features
  • High Turnover
  • Established Business
  • Prime Location
  • Close to Local Amenities
  • Price Reduced
  • Central Position in Affluent Village
  • Fully Fitted
  • Attractive Business
  • Price Further Reduced
  • With Accommodation
  • Large Business for Sale
Location Statistics
What's nearbyi:
Hers N Sirs (approx. 0 mile)
Thorpe Farm (approx. 0 mile)
Methodist Church (approx. 0 mile)
Co-op Food - Tibshelf - High Street (approx. 0 mile)
High Street Methodist Church Tibshelf (approx. 0 mile)
The Twisted Oak 100% gluten free restaurant (approx. 0.1 mile)
B W Plumbing & Heating (approx. 0.1 mile)
The Co Operative Travel (approx. 0.1 mile)
The Crown Hotel - Tibshelf (approx. 0.1 mile)
Byard Robert (approx. 0.1 mile)
Listing Statistics
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