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Sub Post Office With Pound Shop Selling Household Goods, Toiletries, Confectionery, Tobacco, Toys, Greeting Cards & Convenience Groceries For Sale

Undisclosed Middlesex
Situated in a parade, excellent main road trading position, densely populated residential area, MIDDLESEX
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 71902
ADVERT IMPRESSIONS : 10,456 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Convenience Stores
SALE: Agent Sale

LEASEHOLD:

£149950
 

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BUSINESS DETAILS:

Features : Electric Shutters to SINGLE FRONTED SPACIOUS SALES SHOP 1,000 sq. ft. approx. with non-slip industrial floor, suspended ceiling with concealed lighting. Air conditioning unit. Well equipped including modern adjustable shelving, centre display gondola, counter, electronic cash register with combination Post Office counter, 2 open cool display units (on loan from Coca Cola), 3-tier ice cream deep freeze (on loan), upright double door glass fronted drinks display fridge (on loan from Lucozade), 3 greeting card display stands. Post Office counter with anti-bandit screen (2 positions plus parcel hatch). CCTV system with 4 cameras, 2 monitors plus recording.

Stockroom
Staff cloakroom with w.c. and wash hand basin

Location : Situated in a parade, excellent main road trading position, densely populated residential area, MIDDLESEX

Opening Hours : Retail Shop
Monday - Saturday inclusive - 8.30 a.m. - 7 p.m.

Sub Post Office Section
Monday - Friday inclusive - 8.30 a.m. - 5.30 p.m.
Halfday Saturday closing at 1 p.m.
NO SUNDAY TRADING

Turnover : WE ARE INFOMRED the turnover averages £1,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit we are advised in the region of 35% approx. Post Office salary £45,000 p.a. approx. (including commission received from the sale of on line national lottery tickets plus scratch cards).

Tenure : We understand the premises are held on a secure renewable lease, the present lease having 14 years unexpired from July, 2011 at a current rental of £17,000 p.a. exclusive of rates up to July, 2016 with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £5,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £149,950 or near offer plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : The accommodation in the form of a SELF CONTAINED MAISONETTE over with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy and provides a rental income of £10,200 p.a. however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Fully fitted kitchen

In addition there is a first floor balcony at rear

Outside : Yard at rear

Staff : The business is at present operated by the vendor with the assitance of 1 part staff.
   
  FOR SALE
   

REFERENCE:

C7837 / RightBiz
   
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ENQUIRIES:

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