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Reference C9529
Situated main shopping centre, close to Bus Stop and main line Railway Station, HAMPSHIRE
Turnover £ 1,200
Post Office £ 82,000
Price
£99,500
Features
Newly Fitted Post Office with Cards, Gifts, Stationery and Clothing Accessories
6 DAYS OPENING
STAFF RUN
DOUBLE FRONTED PREMISES in the region of 625 ft², WITH ELECTRIC SHUTTERS, Industrial non slip vinyl flooring, suspencedc celing with LED light panels, cctv (6 cameras.)
Sales counter, 2 serving positions, adjustable shelving, card display racking with drawers beneath, 4 spinners, 2 drinks fridges, ice cream freezer, confectionary display.
Post Office section with fortress (1 position) and parcel hatch.
Stock room.
Satff cloakroom with toilet and wash hand bason. Tea making station.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £1,200 p.w. with a Gross profit of 45% approx. POST OFFICE income in the region of £82,000 p.a. approx
Staff
The business is at present operated by the staff, 1 full time and 1 part time staff employed.
Trading Hours
6 Day week
MONDAY - FRIDAY 8.30 a.m. - 6 p.m.
SATURDAY 9 a.m. - 5 p.m.
Accommodation
THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop to flat above comprising;
Kitchen / diner.
Shower room with shower, toilet and sink.
2 Double bedrooms.
Rear balcony.
The accommodation is at present let on a shorthold tenancy providing a rental income of £1,100 per month
Outside
2 Dedicated parking spaces.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2026 with reviews every 5 years (next review 2031) at a current rent of £20,400 p.a. plus vat
In addition we understand there is a variable Service charge (last quarter £140.)
Business Rates from April 2025 £2,000 approx. Eligible for small business relief for a qualifying purchaser. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024 AND OFFERED FOR SALE DUE TO THE VENDOR'S OTHER BUSINESS INTERESTS
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION (£5,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 49,750 (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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