Profitable Lock-up VILLAGE SELF SERVICE CONVENIENCE STORE, NEWS, CONFECTIONERY, TOBACCO, IN-STORE BAKERY, FULL FREE OFF LICENCE 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 £11,000 p.w. in our opinion offering tremendous potential to increase, especially with additional opening hours. Wholesale newsbill £2,000 p.w. Gross profit 19.5% approx. Post Office salary £25,000 p.a. approx. (including lottery commission of approx. £4,000 p.a).
Price
PRICE TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION (£40,000 approx. can be reduced)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
No parking restrictions.
Spacious single fronted Sales Shop approx. 1,000 sq. ft. sales area, all newly fitted at considerable expense last year. Automatic Door. Air conditioned. Ceramic tiled floor, suspended ceiling with fluorescent lighting. The equipment includes counter, EPOS scanning system with 2 tills plus back-up computer, 2 upright double door drinks display fridges, 1 upright single door drinks display fridge, 3 glass topped chest deep freezes, 1 upright glass fronted display deep freeze, 1 2.5 metre (approx) dairy unit, 1 2 metre (approx) dairy unit, 2 ice cream deep freezes (including 1 on loan), in-store bakery, electronic scales, new adjustable shelving, 2 revolving card stands (on loan), 1 double sided greeting card display stand. Post Office Counter with anti-bandit screen (2 positions). CCTV system including 9 cameras (2 outside), 2 monitors plus video. Burglar alarm system (on an agreement).
Stockroom with shelving
Office
Staff cloakroom with w.c. and wash hand basin plus kitchen area
Staff
The business is at present operated by a husband and wife team with the assistance of 1 full time plus 3 part time staff plus additional casual staff at weekends. 5 morning newsrounds. 5 evening newsrounds. 3 Sunday newsrounds. Delivery charge £1.75 p.w.
(It should be noted that the sub post office section closes also 1 p.m. - 2 p.m. for lunch plus halfday Wednesday closing at 1 p.m. and halfday Saturday closing at 12.30 p.m).
Outside
3 garages rented at £53 per quarter each, 1 of which is at present used for storage
Tenure
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £17,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £1,700 p.a. approx. + water rates
OUTSTANDING OPPORTUNITY TO ACQUIRE A HIGHLY LUCRATIVE CONVENIENCE STORE COMBINED WITH SUB-POST OFFICE IN THIS SOUGHT AFTER COTSWOLDS LOCALITY. IN OUR OPINION THE BUSINESS HAS TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.
