Freehold Old Established Greeting Cards, Stationery, Gifts With Sub Post Office | | Undisclosed | | Situated in a parade, residential area, SOUTH WALES | | ADVERT NUMBER : 38999
ADVERT IMPRESSIONS : 8,318 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Post Offices | | SALE: | Agent Sale | FREEHOLD: | £185000 | | | | | BUSINESS DETAILS: | Features : This old established Retail Business with Sub Post Office has been in the same hands for the past 23½ years and there are genuine reasons for sale.The business is situated in a densely populated residential area approx. 3 miles from Cwmbran and approx. 8 miles from Newport, Gwent, South Wales.MEDIUM SIZED SALES SHOP with carpet tiled floor. The equipment includes 2 greeting card display stands with drawers, 3 revolving card stands (owned), shelving. Modern Post Office Counter with anti-bandit screen (3 positions with parcel hatch) etc.KitchenTo the rear of the shop is 1 office plus additional large office plus cloakroom with w.c. and wash hand basin. It will be appreciated upon inspection that there is potential to enlarge the shop into the rear large office, if desired.Gas fired central heating on the ground floor with radiators to first floor, however, not connected to central heating system at present.Location : Situated in a parade, residential area, SOUTH WALESOpening Hours : Monday - Friday inclusive - 9 a.m. - 5.30 p.m.Saturday opening - 9 a.m. - 12.30 p.m.Turnover : WE ARE INFORMED the turnover averages £120 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 30% approx. Post office salary £37,000 p.a. approx.Tenure : Uniform Business Rates: Nil payable after full reliefAS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 23½ YEARS AND THERE ARE GENUINE REASONS FOR SALE.PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDMUST BE SEEN TO BE FULLY APPRECIATEDPrice : TO INCUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION (£6,000 approx).SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTAccommodation : The SPACIOUS living accommodation comprises:First Floor which is fully carpeted2 Double BedroomsLarge half tiled bathroom with bath, w.c. and wash hand basinLargel LoungeKitchenIt will be appreciated upon inspection that the first floor kitchen could readily be converted into an additional bedroom with the ground floor kitchen being utilized for the residential area and indeed if further bedrooms are required the first floor lounge could readily be a further bedroom with the ground floor large office being converted into a private living room.From the ground floor there is a staircase to large basement comprising:1 Large Room plus 2 further roomsThe basement rooms are ground floor at rear and in our opinion the basement area could be converted into additional living accommodation, subject to the necessary planning permission.Outside : Concrete yard at rear with gates providing parking space.To the rear of the parade is a tarmaced free car park.Staff : The business is at present operated by a lady vendor with the assistance of her husband on a part time basis plus 2 part time ladies. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
