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Attractive Village COUNTER NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS with SUB POST OFFICE

Nationwide Businesses Limited are Business Transfer Agents offering Business for sale across the UK. We currently offer catering, hotels, pubs, post office, newsagents, general stores, off licences and many other businesses for sale.  
Business Summary:
Reference : C7062
Categories : Newsagents
Card Shops
Confectioners
Post Offices
Location : Nottinghamshire
Turnover : £ 100 p.w.
Salary : £ 60,000 p.a.
Price : £ 85,000 (Leasehold)

No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
 

Location

Situated in a sought after residential area, NOTTINGHAM (Please register to make appointments and view addresses)

Features

SINGLE FRONTED SALES SHOP 500/600 sq. ft. sales area with tiled floor, suspended ceiling. Well equipped including 3 greeting card display stands with drawers, stationery display section, modern shelving, counter, electronic cash register. Post Office counter with anti-bandit screen (3 positions) etc.

Stockroom
Staff cloakroom with w.c. and wash hand basin

In addition, there is a Sorting Office at rear of premises with staff cloakroom

Turnover

WE ARE INFORMED the turnover in respect of the Retail Shop is in the region of £100 p.w. in our opinion offering tremendous potential for further development in the right hands. We are informed the Post Office salary is in the region of £60,000 p.a. (including commission received in respect of the sale of on line national lottery tickets plus scratchcards). The Sub Post Office has the advantage of being able to issue Motor Vehicle Licenses and has Bureau de Change. In addition, the Sub Post Office has a sorting office at rear of premises and we are advised that approximately 8 postmen operate from the sorting office.

Staff

The business is at present operated by a full time manager plus staff.

Opening Hours

Monday - Friday inclusive - 8.30 a.m. - 5.30 p.m.
Saturday opening - 8.30 a.m. - 12.30 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is terrific potential for additional opening hours in respect of the Retail Business.

Outside

Yard at rear with parking space for 2 cars

Tenure

We understand the premises are held on a secure renewable lease having approximately 13 years unexpired at a current rental of £7,200 p.a. exclusive of rates, with rent reviews every 4 years. We are further advised that the last rent review was in 2007, however, no increase was requested.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Reference : C7062

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