Watkins Commercial Business Details Title

Advert Ref: 5796S

CTN With Sub Post Office In Worthing For Sale


Photograph of this business for sale
Asking price:
£65,000
Turnover:
£197,600
Net profit:
£35,000
Location:
Worthing, West Sussex, United Kingdom
Years established:
many
Employees:
run by vendor with 3 news delivery persons.

Worthing, West Sussex few minutes walk of Worthing Hospital. The Post Office have confirmed that the Branch is to remain open. Double fronted shop, well fitted T/O £3,800 pw. Secure Lease Post office Salary £36,000 per annum. Ref: 5796S

SPECIAL NOTE: We are informed that the Government have announced a new 10 year agreement with the Royal Mail to prevent further Post Office closures, further information can be obtained from the general Secretary of the National Federation of Subpostmasters.

Property:
Leasehold
Lease terms:
Lease Full repairing and insuring lease which was granted in July 2007 for 15 years at a rental of £8,000 per annum, exclusive for the next 5 years with the rent to be agreed at 5 yearly intervals - A new lease will be available to an incoming purchaser, subject to status and contract
Location:
Prominent parade of shops within a few minutes walk of the main Worthing Hospital surrounded by thickly populated multi occupancy properties. This concern enjopys an excellent all year trade with the benefit of being immediately by a local bus stop.
Trading hours:
6am - 6pm -Mon to Fri. Sat. 7am - 5pm & Sun. 7.30 am to 1.00 pm
Fixtures value:
Undisclosed
Stock value:
Undisclosed

If you are interested in finding out more about this business for sale, click on the button below.