Status: Sold STC
Tenure: Leasehold
Leasehold Rent: £5,000 per annum
Turnover: £227,601
Busy Newsagents and Post OfficeBusy Newsagents and Post OfficeBusy Newsagents and Post OfficeBusy Newsagents and Post OfficeBusy Newsagents and Post OfficeBusy Newsagents and Post OfficeBusy Newsagents and Post OfficeBusy Newsagents and Post Office
£49,995 + SAV

Busy Newsagents and Post Office

Sold STC
  • Reference: 13731 J
  • Location: Dartford, Kent
Hilton Smythe welcomes to the market KK News.

The Post Office is currently salaried but will be offered to any new buyer on a commissioned basis scheme to be around £21000 on current sales levels.

The retail area offers newspapers, magazines, confectionery, cigarettes, cold drinks, greeting cards, stationery and toys.

Benefits of purchase: -

The Post Office have offered a £10,000 refit programme to combine the 2 x separate counters
The purchaser may be able to increase the PO investment to include new shop equipment
Newsagents side of business provides on average £5k weekly sales
Very low rent of just £98 per week.
Retail sales easily increased by re modelling shop, adding more chillers and increasing current lines and stock levels
News sheet sales generate income around £1600-£1800 per week, with 6 delivery rounds.

TENURE

We are advised Leasehold.
The original lease length is 15 years.
As of 2017 4 years remain on the lease.
Rent review every 5 years.

Dartford Council is landlord, rent is only £5000 per year.

HOURS

The business opens 7 days a week
Monday to Friday 6.00am - 5.30pm
Saturday 6.00am - 2.00pm
Sunday 7.00am - 1.00pm

STAFF

This is a family run business with the assistance of 1 full time Post Office staff member.

FINANCIAL PROFILE

The Post Office currently salaried but will be offered to any new buyer on the commissioned scheme to be around £21000 on current sales levels.

The business reports turnover in the region of £227,600 with gross profit at circa 16% as per the 2016 accounts.
The business is located around 4 miles from Dartford, Kent.

This community post office and newsagents is ideally located within a large residential estate, across from 2 local schools and library bringing good footfall to the area.

The business benefits from free parking outside
Right retail area-

Central gondolier unit for grocery items, household goods
Right side for magazine racking and newspapers and stationery
Pick and mix unit, photocopier, glass topped ice cream freezer
Rear service counter - till point, confectionery display, cigarette gantry.

Left area -
3 x glass fronted drinks chillers
Central gondolier for toys and kid's gifts
Greeting cards unit
Postage envelopes and wrapping
Freestanding toy display unit
Fixed post office counter with 3 x positions

To the rear
Stock room fully shelved floor to ceiling, staff toilet, access to rear delivery area.

Contact us today for more information

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