Superior Stationery, Greeting Cards, Toiletries, Sundries, Gifts With Sub Post Office | | Undisclosed Surrey | | SPACIOUS SINGLE FRONTED SALES SHOP with double door approx. 700 sq. ft. sales area, suspended ceiling with concealed lighting, carpet tiled floor. The equipment includes retail counter, electronic cash register, photocopier (on loan), 7 greeting card display stands (6 with drawers under plus 1 with gift wrapping paper section), modern shelving. Post Office counter with anti-bandit screen (3 positions - 2 only utilized at present), parcel hatch. Rear kitchenette area Staff toilet and wash hand basin | | ADVERT NUMBER : 16170
ADVERT IMPRESSIONS : 9,772 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Post Offices | | SALE: | Agent Sale | FREEHOLD: | £180000 | LEASEHOLD: | £59500 | | | | | BUSINESS DETAILS: | Location Situated in a parade serving large residential area, SURREYOpening Hours Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 12.30 p.m.
NO SUNDAY TRADINGTurnover WE ARE INFORMED the turnover averages 500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 33% approx. Post Office salary 46,000 p.a. (The Sub Post Office has the advantage of being able to issue Motor Vehicle Licenses).Tenure The vendors own the long leasehold property and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of 8,700 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: 2,000 p.a. approx. + water rates
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 20 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 59,500 plus STOCK AT VALUATION (4,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Alternatively the vendors are prepared to consider the sale of the valuable leasehold property having approximately 50 years unexpired at a Peppercorn ground rent.
OFFERS INVITED TO INCLUDE THE LONG LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of 180,000 plus STOCK AT VALUATION (4,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTOutside Car parking space for 3 cars plus garageStaff The business is at present staff operted. Staff employed 1 full time manageress plus 3 part time in respect of the Sub Post Office plus 2 part time staff in respect of the retail business. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
