SPACIOUS SALES SHOP with tiled floor, suspended ceiling with concealed lighting. The equipment includes Post Office counter with anti-bandit screen (5 positions), adjustable shelving, 3 greeting card display stands with drawers, 1 large open chiller, 1 upright double door fridge, counter, electronic cash register.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Basement used for storage purposes
Turnover
WE ARE INFORMED the turnover averages £5,000 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 Licence. Gross profit 35% approx. In addition, there is an ATM machine on the premises and we understand this provides a commission of approx. £600 per month. In addition, there is a Photo booth, which we further understand provides a commission of £30 per month. We further understand that 02 mobile phones rents a small space and pays a rental of £2,500 p.a. Post office salary £90,000 p.a. approx.
Staff
The business is at present operated by the vendor with the assistance of 1 full time plus 1 part time in respect of the retail shop. Staff in respect of the Sub Post Office section 2 full time plus 1 part time.
Opening
Hours
Monday - Saturday inclusive - 8 a.m. - 7 p.m.
(Please note the Sub Post Office section opens Monday - Saturday inclusive - 8.30 a.m. - 5.30 p.m).
Accommodation
The accommodation in the form of SELF CONTAINED FLAT over is at present let on a shorthold tenancy and provides a rental income of £950 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:
3 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen
Tenure
We understand the entire premises are held on a secure renewable lease from a private landlord having 10 years unexpired from February, 2009 at a rental of £35,000 p.a. exclusive of rates for the next 5 years, with rent to be agreed thereafter.
Uniform Business Rates: £9,000 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION
Price
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £210,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
