Well Fitted Confectionery, Tobacco, Greeting Cards, Stationery With Sub Post Office | | Undisclosed Essex | | Excellent trading position, ESSEX | | ADVERT NUMBER : 46830
ADVERT IMPRESSIONS : 14,575 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Post Offices | | SALE: | Agent Sale | LEASEHOLD: | £110000 | | | | | BUSINESS DETAILS: | Features : IMPRESSIVE & SPACIOUS SALES SHOP in the region of 750/800 sq. ft. sales area. Fully equipped including 8 greeting card display stands, retail counter with combination Post Office counter, display gondola, revolving card stand, open 2m cool display unit (for soft drinks). CCTV system with 4 cameras, 2 monitors plus recording. Post Office counter with anti-bandit screen (3 positions plus parcel hatch).
Staff cloakroom with w.c. and wash hand basin
Location : Excellent trading position, ESSEX
Opening Hours : Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 12.30 p.m.
It will be appreciated upon inspection that there is potential for additional opening hours, if desired.
Turnover : WE ARE INFORMED the turnover averages £1,200 p.w. in our opinion offering tremendous potential for further increase, especially with possibly converting the business into a Convenience Store type operation, also with the sale of wines, beers and spirits, subject to obtaining the necessary licence. Gross profit 25/30% approx. Post Office salary £63,000 p.a. approx.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 1½ years unexpired at a rental of £9,000 p.a. exclusive of rates. We understand the landlady, subject to satisfactory references, is prepared to grant a 7 years renewable lease at an initial rental of approximately £9,000 p.a. exclusive of rates, with rent revisions.
Uniform Business Rates: £1,900 p.a. approx. (should be reduced considerably with relief)
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION (£4,000/£4,500 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : The business is at present operated by the vendor on a part time basis with the assistance of 1 full time in respect of the retail shop plus 2 part time in respect of the sub post office section. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
