Post Office For Sale - South London, London, United Kingdom

Asking price: £95,000

Business description: DOUBLE FRONTED PREMISES with double door, carpet tiled floor, suspended ceiling. Post Office counter with anti-bandit screen. Staff cloakroom with w.c. Kitchenette

Employees: The business is at present superivsed by the vendor with the assistance of 2 full time plus 1 part time counter staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Trading hours: Monday - Friday inclusive - 9 a.m. - 5.30 p.m. Closing 1 p.m. - 2 p.m. for lunch with the exception of Thursday when the business only opens from 9 a.m. - 1 p.m. Saturday opening - 9 a.m. - 1 p.m.NO SUNDAY TRADING

Property :

Lease terms: We understand the premises are held on a secure renewable Council lease, the present lease having approximately 8 years unexpired at a rental of only £7,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter. Uniform Business Rates: £2,500 p.a. approx. + water rates THIS OLD ESTABLISHED SUB POST OFFICE HAS BEEN IN THE SAME HANDS FOR THE PAST 40 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDORS RETIREMENT. 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, LONDON, SE

Expansion potential: WE ARE INFORMED the Post Office salary is currently in the region of £50,000 p.a. At present no retail trade is undertaken, however, in our opinion there is tremendous potential for to develop a retail trade, if desired. There is a Photobooth in the shop and we understand that this provides a rental income of approx. £35/£40 per month.

Reasons for selling: To Include The Secure Lease, Fixtures & Fittings £95,000 All At Substantial Loan To An Approved Applicant

Financing available? Substantial Loan To An Approved Applicant.