Medium sized sales shop with new facia with suspended ceiling. Fully equipped including 3 greeting card display stands, Mars fridge (on loan), upright double door drinks display fridge (owned), counter, electronic cash register. Post Office Counter with anti-bandit screen (2 positions) etc.
Cellar used for storage purposes
Staff cloakroom with w.c. and wash hand basin
Turnover
WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £350/£400 p.w. Gross profit 20% approx. In addition the business is agents for the sale of bus passes and we understand this produces an additional income of approx. £180 p.w. We are further advised there is an additional income of approx. £60 p.w. from the sale of mobile top-up cards etc. Post office salary £40,500 p.a. approx. (including commission in respect of the sale of on line national lottery tickets and scratchcards of approx. £8,400 p.a).
Staff
The business is at present operated by the owner with the assistance of her husband plus 1 part time staff
Opening
Hours
Monday - Saturday inclusive - 7 a.m. - 6 p.m.
With the exception of Wednesday and Saturday when the business remains open until 7.30 p.m. for the sale of on line national lottery tickets.
Sunday opening - 8 a.m. - 4 p.m.
The Sub Post Office section is at present open from 9 a.m. - 5.30 p.m. half day Saturday closing at 12.30 p.m.
Accommodation
The accommodation in the form of SELF CONTAINED FLAT all newly built approx. 9 years ago is at present let on a shorthold tenancy and produces a rental income of £700 per month. However, we understand that vacant possession can be given on completion, if required. The accommodation comprises:
1 double bedroom
Bathroom with bath, w.c. and wash hand basin
Lounge with kitchen area
Outside
Yard at rear with car parking space for 1 car.
Tenure
We understand the premises are held on a secure renewable lease from a private landlord having 18 years unexpired from October, 2005 at a rental of £13,600 p.a. exclusive of rates up to October, 2011 with rent to be agreed thereafter.
Uniform Business Rates: £1,000 p.a. approx. (after small business relief) + water rates.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 3 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £130,000 plus STOCK AT VALUATION (£7,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
