Main Post Office with Card Shop and Stationers in Nottinghamshire For Sale

Situated in a parade, excellent High Street trading position, residential, office and commercial area, NOTTINGHAMSHIRE

Turnover £ 250
Post Office £ 120,000
Price £149,950

Features

Main Post office with Cards and Gifts

6 DAYS OPENING

TOTAL PREMISES in the region of £1,700 ft²

SINGLE FRONTED PREMISES. Sales area in the region of 1,000 sq ft. Non slip industrial vinyl floor, suspended ceiling with LED lighting. Customer waiting area, adjustable shelving, sales counter with epos till. Fortress with 2 positions plus parcel hatch plus 4 open counter positions, one with combi till. CCTV (16 cameras). Alarm.

Office / canteen area

Store room used for parcels

Additional stock room

Ladies' and gentlemen's toilets

Turnover

WE ARE INFORMED by the owner the turnover currently averages £250 p.w. with a gross profit of 60% approx. POST OFFICE income in the region of £120,000 p.a. approx.

Staff

The business is at present operated by the vendor's daughter with 1 full time & 2 part time staff. We are informed the wage bill averages £1,100 p.w. approx.

Trading Hours

6 Day week
MONDAY - FRIDAY 9 a.m - 5.30 p.m
SATURDAY 9 a.m - 1 p.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from ROYAL MAIL, granted for 10 years in 2016, having 4 years unexpired, at a current rent of £15,500 p.a. INCLUDING ALL UTILITIES.

Business Rates from April 2021 £8,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £149,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 74,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote