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Well fitted STATIONERY, GREETING CARDS, SOFT DRINKS with SUB POST OFFICE

 
Business Summary:
Reference : C7154
Categories : Post Offices
Card Shops
Stationers
Confectioners
General Stores
Location : North London
Turnover : £ 1,000 p.w.
Salary : £ 90,000 p.a.
Price : £ 165,000 (Leasehold)

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
 

Location

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

Features

SPACIOUS SINGLE FRONTED SALES SHOP approx. 18ft frontage x 48ft depth (including Sub Post Office Section). Carpeted, suspended ceiling with concealed lighting, air conditioning/heating unit plus Full Gas Fired Central Heating. Well fitted including 11 greeting card display stands with drawers, 1 upright glass fronted drinks display fridge (on loan from Coca Cola), counter, electronic cash register. Post Office Counter with anti-bandit screen (3 positions).

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

Turnover

WE ARE INFORMED the turnover averages £1,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 45% approx. Post Office salary £90,000 p.a. approx. (The Sub Post Office has the advantage of being able to issue Motor Vehicle Licences).

Staff

The retail shop is at present staff run with 1 full time staff employed whilst the Post Office Section is operated under management by the manager plus staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Opening Hours

Sub Post Office Section
Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 12.30 p.m.
(The Retail Shop remains open on Wednesday & Saturday until 7.30 p.m. for the sale of on line national lottery tickets plus scratchcards).

Tenure

The vendor owns the Freehold and subject to satisfactory references is prepared to grant a new 12 years full repairing and insuring lease at a rental of £24,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

OFFERS INVITED TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £165,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Reference : C7154

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