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Business for sale in United Kingdom - 8626ng nottinghamshire fh p.o./convienence store

Asking Price: 560,000 £ Real Estate: Ownership
Business for sale – 8626ng nottinghamshire f\h p.o./convienence store
Sales Revenue: 1 £
Net Profit: 1 £
Year Established: 2008
Employees: 3FT, 1PT
# of family members employed: 1FT
Location criteria:
United Kingdom/City of Nottingham/Nottingham

Business types:

Retail

Business categories:

Convenience Stores

Business description

THE BUSINESS Advent Business Sales have been instructed to offer for sale this well established business with excellent further potential. Under its current ownership for 18 months, it is now reluctantly offered for sale due to the vendor s pursuing other business commitments. The business has developed a high level of sales from an extensive range of goods including counter news, magazines, cigarettes, confectionery, beers, wines and spirits, convenience foods and grocery, as well as a very busy post office. The vendors have increased turnover considerably mainly due to extensive refurbishment and staff restructuring since acquisition. The post office serves the whole village and the vendors have written confirmation that the post office will remain to trade and will carry on to be an integral part of the local community. The premises also benefit from a large three bed living accommodation. The business is currently staffed by 3 staff for the post office and the vendor, plus 1 part time member of staff for the main shop area. The vendor is willing to sell the business leasehold or freehold. Leasehold option is available upon request with terms negotiable. TRADING HOURS Mon Sat: 6.00am 8.00pm Sun: 6.00am 12.30pm EXPANSION POTENTIAL This established business offers excellent potential for growth including extending opening hours and the vendor informs us that a cash point machine is to be installed, which will provide additional income to this ever increasing business. FINANCIAL INFORMATION We have been advised by the vendor of the following: Weekly sales: 10,000 Gross Profit: 25% P/O Salary: 70,000 p.a. Lottery: 3,500 per week Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES Modern 2 storey detached premises, with added security of an alarm system, CCTV, air conditioning and double glazing and briefly consisting of: Ground Floor Main sales area with point of sale counter to front Full EPOS system Cigarette gantry 3 x chiller cabinets 2 x chest freezers New racking and shelving throughout Separate cash point room 3 station modern post office counter Stockroom, kitchen, w/c to rear Door to living accommodation Fully fitted kitchen and lounge to ground floor Stairs to first floor First Floor 3 x double family bedrooms large family bathroom External Paved to road at front and side with ample parking Garage Yard with gated access

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: other business commitments
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 0 £
Location: This two storey detached property occupies a prime location on a busy main road within a populated residential area in Newark with high volumes of passing traffic. There are excellent parking facilities with ample off street parking for customers to the front and side of the premises.

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