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Freehold Village Stationery, Greeting Cards With Sub Post Office

Undisclosed Northumberland
Double fronted medium sized Sales Shop with tiled floor, fluorescent lighting. 1 greeting card display stand with drawers, 2 revolving card display stands (on loan). Post Office counter with anti-bandit screen. 2 Stockrooms Staff cloakroom with w.c. and wash hand basin
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 15949
ADVERT IMPRESSIONS : 82,568 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Post Offices
SALE: Agent Sale

FREEHOLD:

£125000
 

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BUSINESS DETAILS:

Location Situated in a parade, residential area, NORTHUMBERLANDOpening Hours Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Closing 12.30 p.m. - 1.30 p.m. for lunch with halfday Wednesday closing at 1 p.m.
Saturday opening - 9 a.m. - 12.30 p.m.
NO SUNDAY TRADINGTurnover WE ARE INFORMED the turnover averages 50 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of additional lines. Gross profit 40% approx. Post Office salary 18,000 p.a. approx.Tenure Uniform Business Rates: Nil payable after full relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 18 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 125,000 plus STOCK AT VALUATION (800 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTAccommodation The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING and part DOUBLE GLAZING is at present let on a shorthold tenancy and provides a rental income of 350 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen with fitted units
Utility RoomOutside Yard with shed plus parking space for 2 cars.Staff The business is at present staff operated. 2 part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
   
  FOR SALE
   

REFERENCE:

C6691 / RightBiz
   
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