Greeting Cards Stationery With Modified Sub Post Office For Sale

Business description

Outstanding opportunity to acquire a lock up greeting cards, stationery, toys business combined with modified sub post office in this sought after Surrey locality. In our opinion, there is tremendous potential to increase the retail trade - especially with the introduction of additional lines, i.e. confectionery, tobacco, newspapers and, indeed, possibly groceries.

Outstanding opportunity to acquire a Greeting Cards, Stationery, Convenience Grocery with Modified Sub Post Office in this sought after Surrey locality.

In our opinion there is tremendous potential to further increase the retail trade.

SPACIOUS PREMISES approx. 35ft x 25ft with solid tiled floor, fluorescent lighting. Fully equipped including 4 greeting card display stands with drawers, 1 additional single card display stand with drawer, stationery display shelving, upright glass fronted drinks display fridge (on loan from Coca Cola), ice cream deep freeze, 1 open cool display unit, counter, centre display gondola, electronic cash register. Post Office counter with anti-bandit screen (3 positions).

2 Large Offices
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 lease for a period of 12 years from February, 2009 at a rental of £14,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

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

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Main road trading position, SURREY.

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £250 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 25% approx. Post Office salary £75,000 p.a. approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £155,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Retail Shop
Monday - Friday inclusive - 8 a.m. - 6 p.m.
Saturday opening - 8 a.m. - 1 p.m.
Sunday recently commenced - 8 a.m. - 12 noon

Post Office Section
Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday - 9 a.m. - 12.30 p.m.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.