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Reference G8628

Convenience Store with Post Office in Bedfordshire For Sale

Convenience Store with Post Office in Bedfordshire For Sale
Convenience Store with Post Office in Bedfordshire For Sale Buy a Convenience Store with Post Office in Bedfordshire For Sale Sell a Convenience Store with Post Office in Bedfordshire For Sale Convenience Store with Post Office in Bedfordshire For Sale for Sale Convenience Store with Post Office in Bedfordshire For Sale for Sale

Register to see map and to make an appointment Occupying a corner position, residential area, BEDFORDSHIRE

Turnover 2,700
Post Office 95,000
Price 180,000

Features

Detached Superbly Fitted Self Service Convenience Store, Full Free off Licence with Main Post office

PARKING IN FRONT OF SHOP FOR 3 CARS (Please note this parking area is owned by the Council)

SPACIOUS SALES SHOP probably in the region of 1,000 sq. ft. sales area. Quality tiled floor, suspended ceiling with concealed lighting. 2 air conditioning units. The shop has recently been refitted. The equipment includes 1-3m open cool display unit, 1-2.5m open cool display unit, upright double door glass fronted display deep freezer, 3-tier ice cream deep freezer, retail counter with electronic till & EPOS scanning. Post Office combination counter. In addition the main post office section has 2 open plan counters plus 1 fortress position. 5 greeting card display stands with drawers under, display gondolas, CCTV system with 16 cameras, 3 monitors plus recording.

Rear office
Kitchen

Ladies' & gentlemen's staff w.c's with shared wash hand basin

Large stockroom at rear

Turnover

WE ARE INFORMED the turnover is currently in the region of 2,700 p.w. in our opinion offering terrific potential for further increase in the right hands. We are further advised that the gross profit is in the region of 30%. Post Office income 95,000 p.a. approx. (including commission from Paystation & the sale of national lottery tickets). The business operates a photo systems for passports & visa digital photos.

Staff

At present operated by a husband & wife team on a part time basis with the assistance of 3 part time staff.

Trading Hours

Monday - Friday inclusive - 9 a.m. - 7 p.m.
Saturday opening - 9 a.m. - 6 p.m.
NO SUNDAY TRADING
The business is also closed on all Bank Holidays
In our opinion there is terrific potential for additional opening hours, if desired

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 650 per month, however we understand that vacant possession can be given on completion. The accommodation comprises:

2 Bedrooms (1 double, 1 large single)
Bathroom with bath, shower over bath, w.c. & wash hand basin
Large lounge/dining room
Fitted kitchen

Outside

Garage

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of 24,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years. Alternatively should the self contained flat over not be required, the vendor, subject to satisfactory references, is prepared to grant a new 15 years full repairing and insuring lease in respect of the shop only at a rental of 18,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years).

Uniform Business Rates: Nil payable at present after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 20 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 180,000 plus STOCK AT VALUATION (20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 90,000 (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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