Summary
- Asking price:
- £115,000
- Sales revenue:
- £100,000
- Cash flow:
- Available on request
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Business description
Long established city centre Post Office operation complemented by card and stationery sales of a further £10k per annum. Post Office salary in region of £90,000 from 4 counter retail frontage. At rear is a mezzanine office with store and staff kitchen below. Excellent opportunity to acquire a thriving operation.
Property information
- Property:
- Leasehold
- Location:
- LOCATION:
The business is situated on Market Place in Hull city centre.
BUSINESS:
This is a long established 4 counter Post Office with a salary consistently in the region of £90,000 per annum, supplemented by complementary stationery and card sales of a further c£10,000 annually. Formal accounts will be made available to seriously interested parties after viewing.
BUSINESS PREMISES:
The business premises are substantial in size and comprise;
Retail Area Long retail space with an ATM machine, a passport photo booth and a racked section for the presentation of stationery towards the front of the premises. Beyond is a 4 counter Post Office adjacent to which is significant additional racking for the presentation and promotion of a variety of greeting cards..
Through a security door at the rear of the property there is access to
Office Raised on a mezzanine is a large, spacious office which overlooks the business premises.
Staff Kitchen Offering facilities for the staff to prepare drinks etc
BUSINESS PREMISES (continued):
Cloakroom With w.c. and washbasin.
PRIVATE ACCOMMODATION:
There is no private accommodation included in this transfer.
TENURE:
This business is for sale Leasehold. The lease is for a term of 6 years and commenced on 1st of September 2009. Rent reviews are 3 yearly and the current rent payable is £8,750 pa.
RATES:
The rateable value of the business premises is £8,300, with rates of £1,355 payable in 2011/2012.
SERVICES:
We understand from the vendor that all main services are connected to the property.
HOURS:
Monday to Friday 9.00am to 5.30pm
Saturday 9.00am to 12.30pm
Sunday Closed
STAFF:
The Vendor is assisted by 1 member of full time staff and 2 members of part time staff.
STOCK:
The vendor informs us that the value of the stock is approximately £4,000.
Contact the seller
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