Summary
- Asking price:
-
£110,000
- Sales revenue:
- £10,400
- Cash flow:
- Available on request
- Employees:
- The business is at present operated by the vendor with the assistance of 1 part time staff.
Business description
SINGLE FRONTED MEDIUM SIZED SALES SHOP, carpeted. 3 greeting card stands with drawers. Post Office counter with anti-bandit screen. New burglar alarm system etc.
Office area
Shared staff cloakroom with w.c. and wash hand basin
Property information
- Property:
- Leasehold
- Lease terms:
- We understand the premises are held on a secure renewable full repairing and insuring lease, the present lease having approximately 4 years unexpired at a rental of £6,000 p.a. exclusive of rates. We further understand that the landlord will consider a surrender of the existing lease and grant a new 15 years full repairing and insuring lease at a rental of £7,200 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £1,600 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
- Location:
- Sought after residential area, tourist and residential area, WARWICKSHIRE
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £200 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx. Post Office salary £50,000 p.a. (we understand the post office is able to issue Motor Vehicle Licences).
- Reasons for selling:
- TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- Monday & Tuesday - 8.30 a.m. - 5.30 p.m.
Wednesday, Thursday & Friday - 9 a.m. - 5.30 p.m.
Saturday - 9 a.m. - 12.30 p.m.
- Financing available:
- SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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