Profitable NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY slight CONVENIENCE GROCERIES, FULL FREE OFF LICENCE, ON LINE NATIONAL LOTTERY 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 £4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £800 p.w. Gross profit 17% approx. Post Office salary £30,000 p.a. (including approx. £3,000 p.a. in respect of commission received for the sale of on line national lottery tickets plus scratchcards).
Price
TO INCLUDE THE NEW UNDER-LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Alternatively the vendor is prepared to sell the virtually Freehold Property, being Leasehold having approximately 80 years unexpired at nil ground rent.
ASKING PRICE FOR THE VALUABLE LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £159,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Features
Electric shutters to -
SPACIOUS SINGLE FRONTED SALES SHOP approx. 18ft x 40ft depth providing a sales area in the region of 750 sq. ft. Tiled floor, ceiling with 2 ceiling fans, fluorescent lighting. Fully equipped including counter, EPOS scanning system with till and back-up office computer (this equipment is on a lease agreement having approx. 4 years unexpired at a rental of £240 per month, to be taken over by a purchaser), 1 large card display stand, 2 additional card display stands with drawers, 1 upright glass fronted double door drinks display fridge (owned), 2 upright single door drinks display fridges (1 owned and 1 on loan from Coca Cola), sliding glass topped chest display deep freeze, ice cream deep freeze (owned), centre display gondola, modern adjustable shelving, magazine display shelving. Post Office counter with anti-bandit screen (3 positions, only 1 utilized at present). CCTV system with 4 cameras, 1 monitor plus recording system etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by the vendor on a part time basis with the assistance of 1 of his sons on a full time basis in respect of the Retail Shop and 1 son on a full time basis in respect of the Sub Post Office section. 1 newsround. Delivery charge £1.05 p.w.
Opening
Hours
Monday - Saturday inclusive - 7.30 a.m. - 5.30 p.m.
With the exception of Wednesday, Friday & Saturday when the business remains open until 7 p.m.
Sunday opening - 8 a.m. - 1 p.m.
Outside
Parking at rear for 2 cars.
Tenure
The vendor owns the leasehold property and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring Under-Lease at a rental of £10,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £900 p.a. approx. (after small business relief)
