Main Post Office with Cards and Stationery in Lancashire For Sale

Excellent trading position, LANCASHIRE

Turnover £ 300
Post Office £ 75,000
Price £110,000 / £390,000

Features

Stationery, Greeting Cards with Main Post office

Retail counter plus post office combination counter (1 position), 5 greeting card display stands with drawers under, 3 card spinners, electric cash register. Post Office counter with anti-bandit screen (3 positions). In addition there is a photo booth which we are advised earns approximately £6,000 p.a.

Situated on the first floor are 6 self contained rooms, cloakroom with toilet & kitchen area. Currently let as offices and providing a rental income of £750 per calendar month. Possible vacant possession.

Turnover

WE ARE INFORMED the turnover averages £300/£400 p.w. in our opinion offering tremendous potential for further development in the right hands. Post Office income £75,000 p.a. approx.

Staff

The business is at present operated by the vendor with the assistance of 1 full time & 1 part time staff.

Trading Hours

Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 12.30 p.m.

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 10 years full repairing and insuring lease at a rental of £12,000 p.a. exclusive of rates for the first 5 years, with rent to be agreed thereafter.

Uniform Business Rates: Nil payable at present (Please contact local authority to confirm)

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS, excluding the self contained offices, £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £390,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (lease) £ 273,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote