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Post Office, Card Shop and Stationers in Northamptonshire For Sale

Post Office, Card Shop and Stationers in Northamptonshire For Sale
Post Office, Card Shop and Stationers in Northamptonshire For Sale Buy a Post Office, Card Shop and Stationers in Northamptonshire For Sale

Register to see map and to make an appointment Situated in a busy street, sought after country market town, NORTHAMPTONSHIRE

Turnover 900
Post Office 36,000
Price 39,500

Features

Attractive Greeting Cards, Stationery with Post office Local

ATTRACTIVE SALES SHOP in the region of 500 sq. ft. with quarry tiled floor suspended ceiling with concealed LED lighting. The equipment includes modern display shelving, 5 greeting card display stands plus 1 corner card display unit, post office counter with 2 open plan positions plus retail counter.

Rear office
Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 900 p.w. in our opinion offering tremendous potential for further development. In our opinion the retail side could be developed into a convenience store type operation & in our opinion there is terrific potential to introduce the sale of wines, beers & spirits, subject to obtaining the necessary Premises & Personal Licence. We understand the gross profit is currently between 40/50%. Post office income in the region of 36,000 p.a. (including commission from the sale of on line national lottery tickets plus scratch cards).

Staff

At present operated by the vendor on a part time basis with the assistance of 2 part time staff. It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 1.30 p.m.
NO SUNDAY TRADING

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental income of 550 per month, however we understand vacant possession can be given on completion, if required. The FLAT comprises:

2 Double Bedrooms
Lounge
Shower room with shower
Separate w.c.
Newly fitted kitchen

Outside

Garden at rear (needs attention)

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a rental of 12,000 p.a. exclusive of rates for the next 1 year increasing at that time to 13,000 p.a. exclusive of rates for the next 2 years with a further increase at that time to 14,000 p.a. exclusive of rates for the next 1 year with rent review at that time and thereafter every 5 years. We further understand from the present tenant that there is a Break Clause exercisable on the tenants side only at the first rent review in approximately 4 years time.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 39,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 19,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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