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Established Newsagents With Post Office Shoreham By Sea For Sale

shoreham by Sea, West Sussex, UK
Asking Price:
£55,000
Sales Revenue:
£208,000
Cash Flow:
Available on request

This newsagents and post office is situated in a highly populated area with easy on street parking available. They offer a wide range of goods and services, including the Post Office Local, gas and electric top-ups and they have a lottery terminal. As well as a full selection of items from newspapers, alcoholic drinks, tobacco, confectionery, ice creams, stationery and other home products. The vendor established the newsagents 33 years ago and during this time the vendor has created a loyal following from their customers, the business now only comes to the market due to the vendor’s wish to retire.

Property Information

Property:

Leasehold

Lease Terms:

The premises will be held on a new 12 year full repairing and insuring lease at a commencing rental of £12,000 per annum with four yearly upward only rent reviews.

Leasehold Rent:

£12,000 per annum

Location:

This newsagents and post office is situated in a highly populated area with easy on street parking available

Premises Details:

: The newsagent/Post Office occupies a prime corner plot location in the middle of a large residential area. The newsagent/Post Office has shelving throughout for newspapers, groceries, stationery, confectionery and alcohol. As well as a central gondola unit. There is also a large chiller unit along one wall of the premises which contains fresh produce and drinks. The serve over counter is towards the rear of the premises which also has a Tobacco stand, and is also where the high-priced spirits are displayed. The Post Office Local counter is adjacent to the main counter and is fully equipped. To the rear of the property is a small stock room and toilet with wash hand basin. The premises are fitted with an alarm and has CCTV throughout. The premises benefits from a large forecourt which could also be used to display goods.

Planning Consent:

retail

Business Operation

Expansion Potential:

yes

Reasons for selling:

retirement

Trading hours:

The trading hours are 6.30am to 5:30pm Monday to Saturday and 6:30am-12:30pm on Sunday

Employees:
1 full time 3 paper people
Years established:
33 years

Other Information

Support & training:

yes

Related Documents:

Contact Watkins Commercial

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