Cambridgeshire Convenience Store CTN With Sub Post Office For Sale

Business description

IMPRESSIVE SALES SHOP probably in the region of 1,200 sq. ft. sales area refitted in 2006. Ceramic tiled floor, modern adjustable shelving, 1 greeting card display stand with gift wrapping paper section, 3 revolving card display stands (on loan), 1 chest deep freeze, 2 upright double door glass fronted deep freezes, 1-3.75m open cool display unit, 3-2.75m open cool display units, 2 open 2m cool display units (both on loan from Pepsi Cola), centre display gondola. Post Office counter with anti-bandit screen (1 position).

Office
Stockroom
Kitchenette with sink and bake-off oven
Secure store (for spirits)

Property information

Property:

Freehold

Lease terms:

Uniform Business Rates: £6,500 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 11 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Living accommodation:

The SPACIOUS living accommodation all in VERY GOOD CONDITION and with FULL GAS FIRED CENTRAL HEATING, comprises: 4 Bedrooms (3 doubles, 1 single) Half tiled bathroom with bath, shower over bath, w.c. and wash hand basin In addition there is a shower room with shower, w.c. and wash hand basin 2 Lounges Dining Room Large fully fitted kitchen

Location:

Main road trading position, sought after residential area, not far from CAMBRIDGESHIRE

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £16,300 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,100/£1,200 p.w. Gross profit 18% approx. Post Office salary £30,000 p.a. approx. (including commission paid in respect of the sale of on line national lottery tickets plus scratch cards). We are further advised that the sales year ending 31st August, 2010 showed £607,627 with a gross profit of £111,947 (i.e. 18.42%) plus post office salary.

Reasons for selling:

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £750,000 plus STOCK AT VALUATION SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 6.30 a.m. - 10 p.m.
Sunday opening - 7 a.m. - 7 p.m.

Sub Post Office section - Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 2.30 p.m.

Employees:

The business is at present operated by 2 partners with the assistance of 1 part time in respect of the retail shop. Post office section 2 part time staff.

Other information

Financing available:

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

Post office salary:

£30,000 per annum