Summary
- Asking price:
-
£395,500
- Sales revenue:
- £67,600
- Net profit:
- Available on request
- Employees:
- The business is at present operated by the vendor with the assistance of 3 part time staff in respect of the retail shop and 3 part time staff in respect of the post office section. Wages paid in the region of £2,500 per month. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
Business description
SPACIOUS SALES SHOP approx. 1,500 sq. ft. sales area, fully carpeted, suspended ceiling with fluorescent lighting. Well fitted including 15 greeting card display stands with drawers, attractive gift display stands, shelving, counter, electronic cash register. Post Office counter with anti-bandit screen etc.
2 Staff cloakrooms plus 1 wash hand basin
Kitchen
Property information
- Property:
- Freehold
- Lease terms:
- Uniform Business Rates: £2,300 p.a. approx. + water rates (metered)
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
- Living accommodation:
- The spacious living accommodation with separate front entrance and access from the shop all in GOOD CONDITION, partly DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:
5 Bedrooms (4 doubles, 1 single each with wash hand basin)
Bathroom
- Location:
- Situated in a parade, excellent town centre trading position, NORTH WALES
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £1,300 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 37% approx. Post Office salary £78,000 p.a. approx. (including approx. £2,500 p.a. commission in respect of the sale of on line national lottery tickets plus scratch cards). The Post Office has the advantage of being able to issue Motor Vehicle Licences. On demand currency and passport checking.
- Reasons for selling:
- To Include The Valuable Freehold Property, Goodwill, Fixtures & Fittings £395,500 Plus Stock At Valuation (£14,000 Approx)
Substantial Mortgage To An Approved Applicant
- Trading hours:
- Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - Post Office Section - 9 a.m. - 12.30 p.m. Retail Section - 9 a.m. - 3 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for additional opening hours, if desired.
- Financing available:
- Substantial Mortgage To An Approved Applicant