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Profitable modern (built 1960's approx) SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE, ON LINE NATIONAL LOTTERY with SUB POST OFFICE.
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No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
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Location |
Situated in a parade, large residential estate, HEREFORDSHIRE.
(Please register to make appointments and view addresses) |
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Features |
No parking restrictions. Layby in front of parade.
Spacious Sales Shop approx. 850 sq. ft. sales area, all modernised and refitted at considerable expense. Ceramic tiled floor, suspended ceiling with concealed lighting. The equipment includes 3 open cool display units (1 used for beers and wines, 1 for soft drinks and snacks, whilst the 3rd unit is used for dairy produed), upright glass fronted display deep freeze, ice cream deep freeze, counter, 2 tills with EPOS scanning system plus back-up computer. CCTV system with 15 cameras plus monitor. Post Office counter with anti-bandit screen (2 positions) etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin.
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Turnover |
WE ARE INFORMED the turnover averages £11,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,500 p.w. In addition, we understand the business receives a commission of approx. £120 p.w. from the sale of E-Top-ups. Gross profit 20% approx. Post Office salary £40,000 p.a. approx. (including lottery commission of approx. £5,000 p.a).
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Staff |
The business is at present staff operated. Staff employed Post Office Section 1 full time manager plus duty manager plus 4 part time staff.
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Opening
Hours |
Monday - Saturday inclusive - 6 a.m. - 8 p.m.
Sunday opening - 7 a.m. - 8 p.m.
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Accommodation |
The accommodation in the form of a MAISONETTE over with FULL GAS FIRED CENTRAL HEATING is available on a separate shorthold agreement from a private landlord at a current rental of £440 per month. The Maisonette which does require some redecoration, comprises:
3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large lounge
Kitchen with some fitted units
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Outside |
Large rear parking area plus 2 garages rented from the Council at £5 p.w. each
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Tenure |
We understand the shop is held on a new 20 years Council lease from January 2005 at a rental of £8,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
RECOMMENDED FOR EARLY INSPECTION
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Price |
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £210,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Reference
: G4981
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