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Location |
Situated in a parade, residential area, NORTHUMBERLAND
(Please register to make appointments and view addresses)
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Features |
Double fronted medium sized Sales Shop with tiled floor, 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
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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.
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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.
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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
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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
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Outside |
Yard with shed plus parking space for 2 cars.
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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
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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
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Reference |
C6691 |
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