Superior STATIONERY, GREETING CARDS, TOILETRIES, SUNDRIES, GIFTS 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 £500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 33% approx. Post Office salary £46,000 p.a. (The Sub Post Office has the advantage of being able to issue Motor Vehicle Licenses).
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION (£4,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Alternatively the vendors are prepared to consider the sale of the valuable leasehold property having approximately 50 years unexpired at a Peppercorn ground rent.
OFFERS INVITED TO INCLUDE THE LONG LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £180,000 plus STOCK AT VALUATION (£4,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Features
SPACIOUS SINGLE FRONTED SALES SHOP with double door approx. 700 sq. ft. sales area, suspended ceiling with concealed lighting, carpet tiled floor. The equipment includes retail counter, electronic cash register, photocopier (on loan), 7 greeting card display stands (6 with drawers under plus 1 with gift wrapping paper section), modern shelving. Post Office counter with anti-bandit screen (3 positions - 2 only utilized at present), parcel hatch.
Rear kitchenette area
Staff toilet and wash hand basin
Staff
The business is at present staff operted. Staff employed 1 full time manageress plus 3 part time in respect of the Sub Post Office plus 2 part time staff in respect of the retail business. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
The vendors own the long leasehold property and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £8,700 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £2,000 p.a. approx. + water rates
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 20 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
