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Village News, Confectionery, Tobacco, Greeting Cards With Post Office Local for Sale

Undisclosed, West Midlands
Status
FOR SALE
Advert ID
198418
Reference
C8862 / Rightbiz
Freehold Price: £112,500
Annual Turnover: £260,000
WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering further potential to increase in the right hands. In our opinion there is potential to introduce the sale of groceries plus wines, beers & spirits, if desired, subject obviously to obtaining the necessary Premises & Personal Licence. Wholesale newsbill £1,500 p.w. We are further advised the gross profit is in the region of 20%. Post Office income in the region of £20,000 p.a.Price : TO INCLUDE THE LONG LEASEHOLD PROPERTY HAVING APPROXIMATELY 45 YEARS UNEXPIRED AT A GROUND RENT OF £10 P.A. FIXED FOR THE ENTIRE PERIOD.PRICE TO INCLUDE THE VALUABLE LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £112,500 plus STOCK AT VALUATIONSUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Listing Details
Location: Undisclosed, West Midlands
Sector: Newsagents, Post Offices
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Advert Reference: C8862 / Rightbiz

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