Convenience Store & Post Office in Cambridgeshire For Sale

Overlooking large village green CAMBRIDGESHIRE

Turnover £ 5,500
Post Office £ 20,000
Price £62,000

Features

Village Self Service Convenience Store, Counter News, Confectionery, Tobacco with Post office Local

SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 750/800 sq. ft. sales area, non-slip floor, suspended ceiling with concealed lighting. The equipment includes 1 3-door upright display deep freezer, 2 chest deep freezers, 1 3-tier ice cream deep freezer, 1-5m open cool display unit (comprising 2 units), 1-3.75m open cool display unit, 1-2.5m open cool display unit, counter, electronic cash register with EPOS scanning system plus post office combination counter.

Office
Small stockroom

Turnover

WE ARE INFORMED the turnover averages £5,500/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £200 p.w. We understand the gross profit is in the region of 24%. Post office income in the region of £20,000 p.a. approx.

Staff

At present operated by a lady vendor on a part time basis with the assistance of her husband on a full time basis plus 1 full time staff employed.

Trading Hours

Monday - Sunday inclusive - 9 a.m. - 8 p.m.

Accommodation

The SELF CONTAINED accommodation DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Bedrooms (1 large double, 1 additional double)
Bathroom with bath, w.c. & wash hand basin
Lounge
Small dining area
Kitchen with fitted units

Tenure

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 11 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 3 years.

We understand the Landlord will require a 6 months (£10,000) Rent Deposit.

Uniform Business Rates: £6,000 p.a. approx.

EPC Rating C (63)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £62,000 plus STOCK AT VALUATION (£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 31,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote