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Newsagent and Main Post Office in South London for sale

Newsagent and Main Post Office in South London for sale
Newsagent and Main Post Office in South London for sale Buy a Newsagent and Main Post Office in South London Sell a Newsagent and Main Post Office in South London

Location
Situated in a parade, excellent main road trading position, residential area, SW LONDON

Features
Freehold Confectionery, Tobacco, Stationery, Greeting Cards with Main Post office

The business has been in the same hands for the past 15 years & there are genuine reasons for sale.

SPACIOUS SALES SHOP in the region of 605 sq. ft. sales area. Suspended ceiling with concealed lighting, tiled floor. Air conditioning. The shop is well equipped including 9 greeting card display stands (8 with drawers under plus 1 with gift wrapping paper section), counter, electronic cash register, centre display gondola, double door glass fronted fridge (on loan from Coca Cola), 1 single door glass fronted fridge (owned), ice cream deep freezer. Post office counter with anti-bandit screen.

Stockroom
Kitchen area
Cloakroom

Large storage area with huge potential to convert into residential unit.

Turnover
WE ARE INFORMED the turnover averages 1,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 24%. We understand the post office income is in the region of 58,000 p.a.

Accommodation
The SELF CONTAINED accommodation with separate front door access & FULL GAS FIRED CENTRAL HEATING, comprises:

Ground Floor
Bathroom with bath, w.c. & wash hand basin

Frist Floor
2 Bedrooms (1 double, 1 single)
Large Lounge
Fitted Kitchen

In addition there is a landing area

Price
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 595,000 plus STOCK AT VALUATION (12,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

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