FinanceYou can borrow
£ 87,500 (freehold)
to purchase this business subject to status, with a house or additional
security you maybe able to borrow the full amount.
Freehold Village Stationery, Greeting Cards with Sub Post office for Sale
Situated in a parade, residential area, NORTHUMBERLAND
Features
Double fronted medium sized Sales Shop, fully double glazed. Fluorescent lighting. 1 greeting card display stand with drawers, 2 revolving card display stands (on loan). Post Office counter with anti-bandit screen.
2 Stockrooms
Staff cloakroom with w.c. and wash hand basin
Turnover
WE ARE INFORMED the turnover averages £50 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of additional lines. Gross profit 40% approx. Post Office salary £18,000 p.a. approx.
Staff
The business is at present staff operated. 2 part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
Opening Hours
Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Closing 12.30 p.m. - 1.30 p.m. for lunch with halfday Wednesday closing at 1 p.m.
Saturday opening - 9 a.m. - 12.30 p.m.
NO SUNDAY TRADING
Accommodation
The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING and part DOUBLE GLAZING is at present let on a shorthold tenancy and provides a rental income of £350 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen with fitted units
Utility Room
Outside
Yard with shed plus parking space for 2 cars.
Tenure
Uniform Business Rates: Nil payable after full relief
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 18 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION (£800 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Alternatively the vendors are prepared to consider the sale of the Freehold Ground Floor, excluding the living accommodation
PRICE TO INCLUDE THE GROUND FLOOR FREEHOLD SALES SHOP, GOODWILL, FIXTURES & FITTINGS (excluding the accommodation over), £85,000 plus STOCK AT VALUATION (£800 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing
Please call 020 8763 1777 for an appointment to view
Selling your business?
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