Advert Ref: C7366
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Asking price: £49,000
Sales revenue: £26,000
Business description: SPACIOUS SINGLE FRONTED SALES SHOP, carpeted, ceiling with spotlighting. The equipment includes 1 greeting card display stand with drawers, 2 revolving card display stands, shelving. Post Office counter with anti-bandit screen (3 positions - however only 2 positions are utilized) plus parcel hatch.StockroomStaff cloakroom with w.c. and wash hand basin
Employees: The business is at present operated by a husband and wife team with the assistance of 2 part time staff.
Trading hours: Monday - Friday inclusive - 9 a.m. - 5.30 p.m. Saturday opening - 9 a.m. - 12.30 p.m. NO SUNDAY TRADING
Property : Leasehold
Lease terms: The vendor owns the freehold and in respect of the shop premises is prepared to grant, subject to satisfactory references, a new 12 years full repairing and insuring lease at a rental of £7,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. RECOMMENDED FOR EARLY INSPECTION
Living accomodation: The SPACIOUS SELF CONTAINED living accommodation, available as an optional extra on a shorthold tenancy, at a rental of £360 per month, comprises: 4 Bedrooms (3 doubles, 1 single) Bathroom with bath, w.c. and wash hand basin Large Lounge with fitted
Location: Situated in a parade, residential and commercial area plus large hospital nearby, SOUTH YORKSHIRE
Expansion potential: WE ARE INFORMED the turnover averages £500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Post Office salary £33,000 p.a.
Reasons for selling: TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £49,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Financing available? SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.