Modern Suffolk Stationery Shop With Modernised Sub Post Office For Sale

Business description

Double fronted medium sized SALES SHOP, carpeted, suspended ceiling with concealed lighting. The equipment includes 1 greeting card display stand, stationery display shelving, counter, electronic cash register, 2 upright single door drinks display fridges (on loan), bake-off oven (on loan). Post Office counter with anti-bandit screen (5 positions plus parcel hatch) etc.

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, the present lease expiring in March, 2009 at a rental of £29,500 plus VAT, exclusive of rates. In addition, we understand there is a service charge of approx. £1,500 p.a.

We understand that subject to satisfactory references a longer lease at terms and rent to be agreed would be available.

Uniform Business Rates: £9,000 p.a. approx. + water rates (metered)

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in the town High Street trading position, SUFFOLK

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £1,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 18% approx. Post Office salary £90,000 p.a. approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,900 plus STOCK AT VALUATION (£5,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 9 a.m. - 5.30 p.m.
NO SUNDAY TRADING

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.