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Convenience Store & Post Office in Cambridgeshire For Sale

Convenience Store & Post Office in Cambridgeshire For Sale
Convenience Store & Post Office in Cambridgeshire For Sale Buy a Convenience Store & Post Office in Cambridgeshire For Sale Sell a Convenience Store & Post Office in Cambridgeshire For Sale Convenience Store & Post Office in Cambridgeshire For Sale for Sale Convenience Store & Post Office in Cambridgeshire For Sale for Sale

Register to see map and to make an appointment Sought after locality on the NORFOLK/CAMBRIDGESHIRE BORDERS.

Turnover 25,000
Post Office 25,000
Price 275,000 / 850,000

Features

Detached well Fitted Village Self Service Convenience Store, News, Confectionery, Tobacco, Full Free off Licence with Post office Local

NO PARKING RESTRICTIONS PROVIDING AMPLE CUSTOMERS' CAR PARKING

SPACIOUS DOUBLE FRONTED SALES SHOP with automatic doors in the region of 1,600 sq. ft. sales area. Air conditioning unit. New ceiling, quality tiled floor. Well equipped including retail counter with 2 tills & EPOS scanning system, combination post office counter, modern adjustable shelving, 3 display gondolas, 2 upright double door glass fronted display deep freezers, 1-3.75m open cool display unit, 1-5m open cool display units (2 units combined), greeting card display section, magazine display section, CCTV system with 25 cameras, 3 monitors plus recording.

Small office providing secure Post Office section

Stockroom with Country Choice oven (on loan)
Staff cloakroom with w.c. & wash hand basin

Large stockroom at rear

Turnover

WE ARE INFORMED the turnover is currently in the region of 25,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 1,600 p.w. Gross profit in excess of 20%. Post office income in the region of 25,000 p.a.

Staff

At present operated by a husband & wife team with the assistance of 4 full time & 4 part time staff. 3 persons employed for news deliveries (the deliveries are undertaken by car). Delivery charge 2/2.50 p.w.

Trading Hours

5 a.m. - 11 p.m. seven days per week

Accommodation

The SPACIOUS living accommodation all in GOOD CONDITION with FULL LPG CENTRAL HEATING & FULLY DOUBLE GLAZED, comprises:

Ground Floor
Entrance Hall with attractive parquet flooring
Spacious lounge with parquet flooring & multi fuel stove
Fully fitted kitchen including fridge, freezer, cooker, dishwasher

Stairs to spacious first floor comprising:
4 Double Bedrooms (3 of which are fully carpeted, the 4th bedroom has parquet flooring & 1 with fully tiled en suite bathroom with bath, shower over bath, w.c. & wash hand basin, whilst 1 of the bedrooms has fitted wardrobes & cupboards)
Additional fully tiled bathroom with bath, separate shower, w.c. & wash hand basin
In addition there is a large loft area, which in our opinion has potential to develop as 2 further rooms, subject to the necessary planning permission

Outside

Rear double garage
Gravelled driveway to side of property, owned by the business but with right of way for the owners of the property at rear to access.
Gravelled car parking area for deliveries & parking for approximately 6 cars
Small store shed

Large caravan with planning permission comprising:
2 Bedrooms
Living area
Fitted kitchen area

The caravan is used by staff.

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 21 years full repairing and insurng lease at a rental of 25,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: 6,120 p.a. (we understand the rates should be reduced, subject to applying for small business relief).

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 275,000 plus STOCK AT VALUATION (40,000/45,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 850,000 plus STOCK AT VALUATION (40,000/45,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 137,500 (lease) 595,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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