Cambridgeshire CTN Off Licence With Sub Post Office For Sale

Business description

Attractive lawn in front of shop.

SPACIOUS SALES SHOP probably in the region of 600 sq. ft. sales area with quarry tiled floor, 1 upright single door drinks display fridge (on loan from Lucozade), 1 upright double door drinks display fridge (on loan from Coca Cola), 2 sliding double door glass fronted display fridges (owned and used for sandwiches, cooked meats, cheese etc), counter, electronic cash register with EPOS scanning system, hot drinks bean-to-cup machine, 2 revolving card display stands (on loan), attractive shelving, ice cream deep freeze, 2 glass topped display deep freezes etc.

Large stockroom/preparation room with single sink and drainer, 2 fridges

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease having 7 years unexpired from March, 2012 at a rental of £6,000 p.a. exclusive of rates up to March, 2012 increasing at that time to £6,900 p.a. exclusive of rates up to April, 2012, increasing at that time to £7,500 p.a. exclusive of rates up to March, 2013 and further increasing at that time to £7,700 p.a. exclusive of rates up to March, 2014 with rent to be agreed thereafter.

Uniform Business Rates: Nil payable at present after full relief

OUTSTANDING OPPORTUNITY TO ACQUIRE A MOST ATTRACTIVE VILLAGE STORES WITH SUB POST OFFICE IN THIS SOUGHT AFTER CAMBRIDGESHIRE VILLAGE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Living accommodation:

The ATTRACTIVE living accommodation all in GOOD CONDITION with SECONDARY DOUBLE GLAZING and FULL GAS FIRED CENTRAL HEATING, comprises: First Floor 3 Double Bedrooms Half tiled bathroom with bath, shower over bath, w.c. and wash hand basin Ground Floor Lounge Separate Dining Room Kitchen with fitted units Cloakroom with w.c. and wash hand basin

Location:

Most sought after residential village CAMBRIDGESHIRE

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £2,800/£3,000 p.w. in our opinion offering tremendous potential for further development in the right hands. Wholedale newsbill £330 p.w. Gross profit 23% approx. Post Office salary £17,500 p.a. approx. We are further advised that the sales year ending May, 2011 showed £145,402 with a gross profit of £33,580 plus post office salary of £17,500 providing a total gross profit of £51,080 and a net profit including post office salary of £44,740.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £72,000 plus STOCK AT VALUATION (£12,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Friday inclusive - 6.45 a.m. - 5.30 p.m.
Saturday opening - 8 a.m. - 12.30 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for additional opening hours if desired.

Employees:

The business is at present operated by a husband and wife team and no staff are employed.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance

Post office salary:

£17,500 per annum