Summary
- Asking price:
-
£165,000
- Sales revenue:
- £52,000
- Net profit:
- Available on request
- Employees:
- The retail shop is at present staff run with 1 full time staff employed whilst the Post Office Section is operated under management by the manager plus staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
Business description
SPACIOUS SINGLE FRONTED SALES SHOP approx. 18ft frontage x 48ft depth (including Sub Post Office Section). Carpeted, suspended ceiling with concealed lighting, air conditioning/heating unit plus Full Gas Fired Central Heating. Well fitted including 11 greeting card display stands with drawers, 1 upright glass fronted drinks display fridge (on loan from Coca Cola), counter, electronic cash register. Post Office Counter with anti-bandit screen (3 positions).
Office
Staff cloakroom with w.c. and wash hand basin
Property information
- Property:
- Leasehold
- Lease terms:
- The vendor owns the Freehold and subject to satisfactory references is prepared to grant a new 12 years full repairing and insuring lease at a rental of £24,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
- Location:
- Situated in a parade, excellent main road trading position, densely populated residential area, NORTH WEST LONDON
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £1,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 45% approx. Post Office salary £90,000 p.a. approx. (The Sub Post Office has the advantage of being able to issue Motor Vehicle Licences).
- Reasons for selling:
- OFFERS INVITED TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £165,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- Sub Post Office Section
Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 12.30 p.m.
- Financing available:
- SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Contact the seller
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