Post Office with Card Shop and Stationers in South London For Sale

Situated in a parade, busy road, SW LONDON

Turnover £ 1,500
Post Office £ 40,000
Price £45,000

Features

Stationery, Greeting Cards, Toys with Post office Local

SINGLE FRONTED MEDIUM SIZED SALES SHOP in the region of 550 ft² with non-slip floor. 4 greeting card display stands, Slush machine. Post office counter with anti-bandit screen (2 positions) etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £1,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. In our opinion there is also potential to introduce the sale of wines, beers & spirits, subject obviously to obtaining the necessary Premises & Personal Licence. We are advised the gross profit is in the region of 40%. Post Office income £40,000 p.a. approx. including commission in respect of an external ATM machine.

Staff

The business is at present operated by the vendor's wife with the assistance of the vendor on a part time basis plus 1 full time & 1 part time staff employed.
It will be appreciated upon inspection that with a ore active husband & wife team the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - 9 a.m. - 6 p.m.
Saturday opening - 10 a.m. - 2 p.m.
NO SUNDAY TRADING

Outside

Rear garden

Tenure

We understand the premises are held on a secure renewable 25 years lease from 2016 at a rental of £12,000 p.a. exclusive of rates (next review 2026) with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION (£3,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote