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Reference C9326
Turnover £ 6,000
Post Office £ 64,000
Price
£169,950
Features
Attractive well Fitted Counter News, Confectionery, Tobacco Slight Convenience Groceries, Full Free off Licence with Main Post office
The business has been in the same hands since 2006
SPACIOUS DOUBLE FRONTED SALES SHOP 725 sq. ft. with quality tiled floor, suspended ceiling with concealed lighting. Counter, till with EPOS scanning system plus post office combination counter, modern adjustable shelving, open cool display unit (used for wines & beers), open cool display unit (used for soft drinks), post office counter with anti-bandit screen (2 positions plus parcel hatch) etc.
Staff w.c. & wash hand basin
Turnover
WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £900 p.w. We are further advised that the post office income is in the region of £64,000 p.a. including VAT.
Staff
At present operated by the vendor with the assistance of 2 part time staff.
Trading Hours
Monday - Saturday inclusive - 6 a.m. - 5.30 p.m.
Sunday opening - 6 a.m. - 12.30 p.m.
Accommodation
The accommodation in the form of a SELF CONTAINED MAISONETTE over, all in GOOD CONDITION, currently let and providing a rental income of £1,450 per month, comprises:
3 Bedrooms (2 doubles (1) 10' x 10' with fitted wardrobe (2) 11' x 7' 1 single 10' x 6')
Bathroom with bath, shower over bath, w.c. & wash hand basin
Large Lounge 17' x 10' approx.
Kitchen 12' x 6' approx with fitted units
Outside
Yard
2 Garages
Tenure
We understand the premises are held on a secure renewable lease for a period of 15 years from the 23rd April, 2014 at a current rental of £20,000 p.a. exclusive of rates up to the 1st September, 2023 with reviews every 5 years. (As will be appreciated with the current rental income of £17,400 p.a. from the accommodation, the net rental payable at the present time is only £2,600 p.a).
Uniform Business Rates: Nil payable after small business relief
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £169,950 plus STOCK AT VALUATION (£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 84,975 (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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