Freehold Convenience Store & Post Office in South Wales For Sale

Situated in a parade of shops, residential area close to CITY CENTRE, GLAMORGAN

Turnover £ 4,750
Post Office £ 16,000
Price £60,000 / £220,000

Features

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

SPACIOUS SALES SHOP probably in the region of 950 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting. We understand the shop was refitted in approximately 2014. Counter, electronic cash register with EPOS scanning system, 3-tier ice cream deep freezer, 2 upright glass fronted deep freezers, 3-3.75m open cool display units, modern shelving etc.

Stockroom
Staff w.c.

Turnover

WE ARE INFORMED the turnover is of £4,500/£5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £200 p.w. Post Office income in the region of £16,000 p.a. approx.

Staff

At present staff operated. Staff employed 1 full time plus 4 part time staff.
It will be appreciated upon inspection that with an active husband & wife team the wage bill could be reduced.

Trading Hours

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

Accommodation

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

4 Bedrooms (2 doubles, 2 singles)
Bathroom with bath, w.c. & wash hand basin
Large Lounge
Small Dining Room
Kitchen

Tenure

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease at a rent of £18,000 p.a. with rent reviews every 3 years.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 8 YEARS.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £220,000 plus STOCK AT VALUATION (£15,000/£20,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) £ 154,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote