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Old Established Newsagents with Post Office and Accommodation for Sale in Surrey

Undisclosed, Surrey

CONFIDENTIAL

  • Freehold: £730,000
  • Turnover: £182,000 (£3,500 per week)
  • Profit: Not Applicable

Business Details

Detached Freehold Old Established News, Confectionery, Tobacco, National Lottery, Greeting Cards, Stationery And Post Office for Sale

WE ARE INFORMED by the owner the turnover currently averages £3,500 per week with a Gross profit of 27% approx. Wholesale newsbill £1,700 per week POST OFFICE income in the region of £28,000 per annum - £30,000 per annum approx. FEATURES:
Outstanding opportunity to acquire an old established freehold Newsagents in this sought after locality. In our opinion the business offers tremendous potential to develop as a Convenience Store type of operation to include the sale of wines, beers and spirits, subject to obtaining the necessary Licence.

DOUBLE FRONTED PREMISES, in the region of 1,100 ft², WITH ELECTRIC SHUTTERS, CCTV (4 cameras), non slip flooring, plasterboard ceiling with tube lighting.

Sales counter - Electric cash register. 3 drinks fridges (Coke and Redbull), fridge with sliding door, card racks, shelving, etc.

Post Office section - One position fortress, 2 position combi counter.

Office.

Stock room.

Staff cloakroom witrh toilet and wash hand basin. ACCOMMODATION:
THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, accessed via a door to the right.

The accommodation comprises:

4 Bedrooms (3 double, 1 Single).
Bathroom with bath, w.c. and wash hand basin.
Kitchen.
Lounge.
Additional w.c.

In addition, there is a large loft area which in our opinion has potential for conversion into 2 further bedrooms, subject to the necessary planning permission. PRICE:
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £730,000 plus STOCK AT VALUATION (£15,000 APPROX.)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
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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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