Newly fitted COUNTER NEWS, CONFECTIONERY, TOBACCO, MAGAZINES, GREETING CARDS, SOFT DRINKS with SUB POST OFFICE
No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
for free to see full location details
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.
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
Features
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
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.
