Spacious Double Fronted Stationery Greeting Cards With Sub Post Office For Sale

Business description

SPACIOUS DOUBLE FRONTED SALES SHOP, fully carpeted. Post Office counter with anti-bandit screen (comprising 1 position plus parcel hatch). In addition there is an open plan Post Office counter with 2 positions.

Rear stock area with sink and drainer
Staff w.c.

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 £9,600 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £1,850 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, main road trading position, residential area, STAFFORDSHIRE

Other information

Expansion potential:

The vendor enjoys a small turnover from a small selection of greeting cards and stationery with the majority of the area being occupied by a Print Shop, which will be moved from the premises as and when the business is sold. Gross profit in excess of 50%. In our opinion in view of the spacious sales shop there is potential to introduce a convenience store type operation with newspapers and the sale of wines, beers and spirits, subject to obtaining the necessary off licence. Post Office salary £42,000 p.a. approx. (the Sub Post Office has the opportunity to issue motor vehicle licences).

Reasons for selling:

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £84,500 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 12.30 p.m.
NO SUNDAY TRADING

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.