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8626NG NOTTINGHAMSHIRE F\H P.O./CONVIENENCE STORE

Asking Price: GBP 560000
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Business Location: United Kingdom » Nottinghamshire » NOTTINGHAMSHIRE 
Category: Retail » Convenience Stores
Description:
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.
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 2008
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Number of Employees: 3FT\1PT
No of trading hours: Mon – Sat: 6.00am – 8.00pm Sun: 6.00am – 12.30pm
Reasons for selling:
now reluctantly offered for sale due to the vendor’s pursuing other business commitments.
Market competition and expansion:
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.
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