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Convenience Store with Post Office for sale in Middlesex

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Reference : G5099

Well fitted SELF SERVICE CONVENIENCE STORE 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
 

Location

Situated in a parade, excellent main road trading position, densely populated residential area, MIDDLESEX (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential to increase, especially with additional opening hours and indeed with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary off licence. Gross profit 20% approx. Post Office salary £55,000 p.a. approx. (including lottery commission of approx. £300/£350 per month).

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £165,000 plus STOCK AT VALUATION (£9,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features

SINGLE FRONTED MEDIUM SIZED SALES SHOP newly fitted. Non-slip industrial floor, suspended ceiling with concealed lighting. The equipment includes modern adjustable shelving, 1 open cool display unit (on loan from Coca Cola), centre display gondola, counter with electronic cash register plus Post Office combination counter. In addition, there is a Post Office counter with anti-bandit screen (3 positions plus parcel hatch) etc.

Stockroom
Staff cloakroom with w.c. and wash hand basin

Staff

The business is at present operated by a husband and wife team with the assistance of 1 part time staff.

Opening Hours

Monday - Friday inclusive - 8.30 a.m. - 5.30 p.m.
Saturday opening - 8.30 a.m. - 1.30 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is terrific potential for additional opening hours.

Accommodation

The accommodation in the form of a SELF CONTAINED MAISONETTE over with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy and provides a rental income of £10,500 p.a. however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Large fully fitted kitchen

In addition there is a first floor balcony at rear

Outside

Yard at rear

Tenure

We understand the premises are held on a secure renewable lease having 18 years unexpired from April, 2008 at a rental of £15,000 p.a. exclusive of rates up to April, 2011, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £3,400 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Reference : G5099

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Convenience Store with Post Office for sale
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Catering Businesses for sale include:
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Bakery /Patisserie
 
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Delicatessens
 
Fish & Chips shops
 
Freehouse / Pubs
 
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Wine Bars

Retail Businesses for sale include:
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Hardware / DIY
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Newsagents
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Retail Businesses
 
Pet Shops
 
Petrol Stations
 
Post Office
 
Print Shops
 
Sports Shop
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