Village Stationery, Greeting Cards with Sub Post office

Reference C6691
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Post Offices, Card Shops, Stationers for sale in Northumberland

Photo 1 : Card Shops in Whitley Bay Photo 2 : Stationers in Whitley Bay Photo 3 : Post Offices in Whitley Bay

Contact the seller Whitley Bay, Northumberland
Situated in a parade, residential area, NORTHUMBERLAND

Turnover 50
Post Office 18,000
Price 21,500 / 125,000

Features
DOUBLE FRONTED MEDIUM SIZED SALES SHOP in the region of 600 sq. ft. including post office section, 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

In our opinion there is potential to extend the shop at rear and develop an additional retail turnover if desired.
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. increasing
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.
Trading 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.
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 21,500 plus STOCK AT VALUATION (800 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR 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

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