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Somerset Convenience Store with Thriving Post Office, Card Business, and HMO Accommodation for Sale

Undisclosed, Somerset
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Convenience Grocery Store And Off Licence recently Closed With Thriving Post Office And Lucritive Cards And Stationery Business & Hmo Above - Forecast Photo 1
Convenience Grocery Store And Off Licence recently Closed With Thriving Post Office And Lucritive Cards And Stationery Business & Hmo Above - Forecast Photo 2
Convenience Grocery Store And Off Licence recently Closed With Thriving Post Office And Lucritive Cards And Stationery Business & Hmo Above - Forecast Photo 3
Enlarge
Convenience Grocery Store And Off Licence recently Closed With Thriving Post Office And Lucritive Cards And Stationery Business & Hmo Above - ForecastConvenience Grocery Store And Off Licence recently Closed With Thriving Post Office And Lucritive Cards And Stationery Business & Hmo Above - ForecastConvenience Grocery Store And Off Licence recently Closed With Thriving Post Office And Lucritive Cards And Stationery Business & Hmo Above - Forecast
  • Status

    FOR SALE

  • Date Submitted:

    15/05/24

  • Advert ID

    611378

  • Reference

    G9050 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £375,000
  • Turnover: £78,000 (£1,500 Per week)
  • Net Profit: Not Applicable

Business Details

Convenience Grocery Store And Off Licence recently Closed With Thriving Post Office And Lucritive Cards And Stationery Business & Hmo Above Forecast

Sales of the retail business when trading, we are advised, were £11,000 pw.

Presently the Post Office income is £135,000 pa, with additional cards and stationery sales of £1,500 pw. (80% gp.)

The photobooth providses an additional income of £1,600 pcm

We are advised with the rental income received, commissions and Post Office income, projected income from the re-established supermarket the NET PROFIT IS FORECAST TO BE £250,000 per annum. FEATURES:
IMPRESSIVE PREMISES 3,000 sq ft. Laminate woodstrip floor, suspended ceiling with LED spotlights. 2 EPOS tills with card payment machines, COUNTERS,counters, 5m fridge, 2-3.75m fridges, 2.5m fridge, 1.8m dairy fridge, 2-double door freezers, 3 tier Walls ice cream freezer, warm display unit, modern adjustable 'Eden' shelving.

Post office - 5 COUNTERS (3 open plan and 2 Fortress positions with parcel hatch)

Photobooth.

STOREROOM 500 sq ft - non slip industrial floor, tube lighting, fully shelved.

Bakery preparation room - Read bake off oven, counter, sink.

Disabled toilet ACCOMMODATION:
THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop to FLAT above at present let on a room by room basis and provides a rent of £2,900 per month. The accommodation comprises:

Shared fitted kitchen

2 Shower rooms, each with shower, toilet and wash hand basin

5 Bedrooms.

Also located on the first floor is a self contained office, presently occupied, and providing a rental of £500 per month. PRICE:
TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £375,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Convenience Grocery Store And Off Licence recently Closed With Thriving Post Office And Lucritive Cards And Stationery Business & Hmo Above Forecast - G9050 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.