Modern Post Office with Cards & Stationary in Warwickshire For Sale

Excellent main road trading position, WARWICKSHIRE

Turnover £ 500
Post Office £ 50,000
Price £65,000

Features

Modern Post office with Cards, Gifts, Stationery, Printing and Photo Booth

6 DAYS OPENING

SINGLE FRONTED PREMISES with ELECTRIC SHUTTERS. CCTV (4 cameras). Infared heating, non-slip vinyl flooring, suspended ceiling with LED lighting. Counter with cash register. 1.5m chiller used for soft drinks, 2 Monster fridges, photo copier, slat wall shelving, coffee machine, card display racking, spinner, photo booth (not owned). Fortress (2 positions and parcel hatch)

Office

Staff room

Stockroom

Staff cloakroom with toilet and sink

Turnover

WE ARE INFORMED by the owner the turnover currently averages £500 p.w. with a gross profit of 65% approx. In our opinion offering tremendous potential for further increase, especially with the introduction of groceries and off licence, subject to obtaining the necessary personal and premises licence. POST OFFICE income in the region of £50,000 p.a. approx.

Staff

The business is at present operated by the vendor part time with 1 full time staff and 1 part time staff. We are informed the wage bill averages £450 p.w. approx.

Trading Hours

6 Day week
MONDAY - FRIDAY 9 a.m - 5.30 p.m
SATURDAY 9 a.m - 12.30 p.m

Tenure

The vendor will grant a sub-lease and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring sub-lease with rent reviews every 4 years at a rent of £12,000 p.a. for the first 4 years.

NIL Business Rates after full relief (Please contact local authority to confirm)

Price

TO INCLUDE THE NEW SUB-LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£3,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote