Newsagents With Post Office For Sale

Business description

DOUBLE DOORS TO SPACIOUS SALES SHOP approx. 1,200 sq. ft. Carpeted. Well fitted. The fittings include 11 greeting card display stands (3 with drawers under), 3 revolving card display stands (including 1 on loan), modern display shelving, slatting to walls, Walls fridge (on loan), upright double-door Pepsi drinks display fridge (on loan), upright single-door display fridge, photo booth (on a commission basis), post office counter with anti bandit screen (4 positions plus parcel hatch), etc.

Manager's Office.
Staff w.c. with wash hand basin.
Large Staff Room. Kitchen.

Property information

Property:

Leasehold

Lease terms:

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £22,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £6,600 p.a. approx. + water rates.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.

Location:

Situated in a parade, excellent main road trading position, sought after residential, office and commercial area, SURREY.

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £1,200/£1,400 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 30% approx. Post Office salary last year £88,000 p.a. approx.

Reasons for selling:

To Include The New Lease, Goodwill, Fixtures & Fittings £135,000 Plus Stock At Valuation (£6,000 Approx.) Substantial Loan To An Approved Applicant

Trading hours:

Monday/Friday incl. 8.30 a.m. - 5.30 p.m.
Saturday opening 8.30 a.m. - 12.30 p.m.
NO SUNDAY TRADING.

Financing available:

Substantial Loan To An Approved Applicant.