Old Established Greeting Cards, Stationery With Sub Post Office | | Undisclosed Surrey | | Situated in a parade, excellent main road trading position, densely populated residential and commercial area, SURREY | | ADVERT NUMBER : 39045
ADVERT IMPRESSIONS : 7,247 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Post Offices | | SALE: | Agent Sale | FREEHOLD: | £475000 | LEASEHOLD: | £120000 | | | | | BUSINESS DETAILS: | Features : This old established business has been in the same hands for the past 39 years and is now solely offered for sale, due to the vendor's retirement.DOUBLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor, fluorescent lighting. 6 greeting card display stands with drawers, retail counter, electric cash register. Post Office counter with anti-bandit screen (3 positions plus parcel hatch) etc.StockroomLocation : Situated in a parade, excellent main road trading position, densely populated residential and commercial 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 £300/£350 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 40/45% approx. Post Office salary £74,000 p.a. approx. (The Sub Post Office has the advantage of being able to issue Motor Vehicle Licenses plus Passports).Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease 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.Uniform Business Rates: £2,900 p.a. approx.AS STATED THIS BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 39 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT.PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDMUST BE SEEN TO BE FULLY APPRECIATEDPrice : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTOR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £475,000 plus STOCK AT VALUATIONSUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTAccommodation : The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:First FloorLarge LoungeKitchen with fitted unitsSingle BedroomBathroom with bath, shower over bath, wash hand basinSeparate w.c.Stairs to Second Floor comprising1 Large Double Bedroom with fitted wardrobes1 Single BedroomOutside : Garden at rear with lawnStaff : The retail shop is at present operated by the owner's wife, whilst the Sub Post Office section is operated by 2 full time and 1 part time staff. It will be appreciated upon inspection that with a more active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
