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Reference G8613
Turnover £ 4,500
Post Office £ 28,000
Price
£79,500
Features
Well Fitted Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence with Post office Local
SPACIOUS SALES SHOP probably in the region of 700 sq. ft. sales area with lino non-slip floor, suspended ceiling with lighting & well equipped including retail counter with electronic cash register, post office combination counter, 1-3.75m open cool display unit, 1-1.15m open cool display unit, 1 double door glass fronted display deep freezer, ice cream deep freezer, modern adjustable shelving etc.
Stockroom
Staff w.c. & wash hand basin
Kitchen
Small cellar
Turnover
WE ARE INFORMED the turnover averages £4,500 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 25%. We understand the current post office income is in the region of £28,000 p.a. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a further commission of approximately £70 p.w. The business also has a bus pass agency.
Staff
At present operated by a husband & wife team & no staff are employed.
Trading Hours
Monday - Saturday inclusive - 7 a.m. - 8.30 p.m.
Sunday opening - 8 a.m. - 4 p.m.
Tenure
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease in respect of the shop premises at a rental of £18,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 39,750 (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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