SPACIOUS SINGLE FRONTED SALES SHOP in the region of 800 sq. ft. sales area, all modernised, refurbished and newly fitted in approx. December, 2005.
Attractive woodstrip floor, suspended celing with concealed lighting. Air conditioning. Well equipped including slats to walls, magazine display shelving, stationery display shelving, 4 greeting card display stands with drawers, 4 revolving card display stands, 2 upright double door drinks display fridges (1 on loan from Coca Cola whilst the other is on loan from Lucozade), counter, electronic cash register, photocopier. Post Office counter with anti-bandit screen etc.
Staff cloakroom with w.c. and wash hand basin
Turnover
WE ARE INFORMED the turnover averages £1,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £250 p.w. Gross profit 25% approx. Post Office salary £40,000 p.a. approx.
Staff
The business is at present mainly staff operated. 3 part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
External rear staircase to the accommodation over, which does require refurbishment and modernisation, comprises:
First Floor
Large Lounge
Kitchen
Double Bedroom
Small Bathroom with bath, w.c. and wash hand basin
Second Floor
2 Double Bedrooms
Small Kitchen
Bathroom with bath, wash hand basin
Separate w.c.
As stated the accommodation does require complete refurbishment and modernisation.
Outside
Enclosed yard at rear.
Tenure
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £12,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£8,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £249,000 plus STOCK AT VALUATION (£8,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
