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Reference C9360
Situated in a parade, excellent High Street trading position, residential, office and commercial area, NOTTINGHAMSHIRE
Turnover £ 250
Post Office £ 120,000
Price
£149,950
Features
Main Post office with Cards and Gifts
6 DAYS OPENING
TOTAL PREMISES in the region of £1,700 ft²
SINGLE FRONTED PREMISES. Sales area in the region of 1,000 sq ft. Non slip industrial vinyl floor, suspended ceiling with LED lighting. Customer waiting area, adjustable shelving, sales counter with epos till. Fortress with 2 positions plus parcel hatch plus 4 open counter positions, one with combi till. CCTV (16 cameras). Alarm.
Office / canteen area
Store room used for parcels
Additional stock room
Ladies' and gentlemen's toilets
Turnover
WE ARE INFORMED by the owner the turnover currently averages £250 p.w. with a gross profit of 60% approx. POST OFFICE income in the region of £120,000 p.a. approx.
Staff
The business is at present operated by the vendor's daughter with 1 full time & 2 part time staff. We are informed the wage bill averages £1,100 p.w. approx.
Trading Hours
6 Day week
MONDAY - FRIDAY 9 a.m - 5.30 p.m
SATURDAY 9 a.m - 1 p.m
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from ROYAL MAIL, granted for 10 years in 2016, having 4 years unexpired, at a current rent of £15,500 p.a. INCLUDING ALL UTILITIES.
Business Rates from April 2021 £8,000 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £149,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 74,975 (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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