MEDIUM SIZED SALES SHOP. The equipment includes counter, electronic cash register, upright single door drinks display fridge, shelving, 1 greeting card display stand. Post Office Counter with anti-bandit screen (3 positions) etc.
It will be appreciated upon inspection that there is potential to extend the shop into the hall area and kitchen, if desired.
Turnover
WE ARE INFORMED the turnover averages £3,600 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of convenience groceries and the sale of wines, beers and spirits, subject to obtaining the necessary off licence. Wholesale newsbill £600 p.w. Post Office salary £41,200 p.a. approx. (including on line national lottery commission of £6,500 p.a).
Staff
The business is at present operated by a husband and wife team and no staff are employed. 5 newsrounds. Delivery charge £1 p.w.
The BUNGALOW (built approx. 1970's) accommodation with FULL GAS FIRED CENTRAL HEATING comprises:
2 Bedrooms (1 double, 1 single)
Shower room with shower, w.c. and wash hand basin
Lounge
Kitchen with fitted units
Included in the sale, to the rear of the property is an additional Detached Bungalow, built approx. 20 years ago, and in our opinion having potential for letting to provide a rental income of £400 per month, if desired, comprising:
1 Double Bedroom
Shower room with shower, w.c. and wash hand basin
Lounge
Kitchen with fitted units
Outside
Concrete yard area
Tenure
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years lease at a rental of £14,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £492 p.a. approx. (After small business relief)
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £99,950 plus STOCK AT VALUATION (£8,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £329,950 plus STOCK AT VALUATION (£8,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
