Profitable COUNTER NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY slight CONVENIENCE GROCERIES with SUB POST OFFICE
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WE ARE INFORMED the turnover averages £4,300 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary Off Licence. Wholesale newsbill £600 p.w. Gross profit 18.5% approx. Post Office salary £30,000 p.a. approx. (including commission in respect of the sale of on line national lottery tickets).
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION (£7,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
No parking problems.
Electric shutters to spacious double fronted Sales Shop. Air Conditioned. Refitted approx. 1 year ago.
Carpeted floor. Post Office counter with anti-bandit screen (1 position). Retail counter with combination post office section, electronic cash register, slats to walls, modern adjustable shelving, centre display gondola, cigarette gantry (on loan), klerex magazine display shelving, 2 greeting card display stands with drawers, open cool display unit (owned), 1 upright double door drinks display fridge (owned), 1 upright single door drinks display fridge (owned), glass topped chest deep freeze, Mars ice cream deep freeze (owned) etc.
Small stockroom
Staff
The business is at present operated by a husband and wife team with the assistance of 1 part time staff.
Opening
Hours
Monday - Saturday inclusive - 7 a.m. - 7 p.m.
Sunday opening - 8 a.m. - 2 p.m.
(It should be noted that the post office section opens Monday - Friday inclusive - 9 a.m. - 5.30 p.m. and Saturday opening from 9 a.m. - 12.30 p.m. only).
Accommodation
The accommodation situated on the first floor, comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchenette plus utility area
Outside
Yard at rear with parking space for 2 cars.
Garage used for stock purposes
Tenure
We understand that subject to satisfactory references the landlord is prepared to grant a new 20 years full repairing and insuring lease at a rental of £16,800 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £4,200 p.a. approx. + water rates
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 17 YEARS AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT
