Asking price: £75,000

Sales revenue: £10,400

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
DOUBLE FRONTED SALES SHOP approx. 17ft wide x approx. 5 metres x 20 metres depth, carpet tiled floor, suspended ceiling. 3 greeting card display stands with drawers, display shelving. Post Office counter with anti-bandit screen etc.

Rear section operated as Internet Café with 8 computers. We understand the charges are £1 per hour.

Staff cloakroom with w.c. and wash hand basin
Storeage area

Employees: The business is at present operated by a husband and wife team with the assistance of a relative on a full time basis.

Trading hours: Monday, 8.30 a.m. - 5.30 p.m. Tuesday & Wednesday - 9 a.m. - 5.30 p.m. Thursday 8.30 a.m - 5.30 p.m. Friday 9 a.m. - 5.30 p.m. Saturday 9 a.m. - 12.30 p.m. NO SUNDAY TRADING.

Property: Leasehold

Lease terms
We understand the premises are held on a secure lease, the present lease expiring in August, 2017 at a rental of £13,000 p.a. exclusive of rates up to August, 2011, with rent review at that time and thereafter every 3 years. Uniform Business Rates: £3,500 p.a. approx. + water rates. RECOMMENDED FOR EARLY INSPECTION

Location
Situated in a parade, main road trading position, densely populated residential area, MIDDLESEX

Expansion potential
WE ARE INFORMED the turnover averages £200 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 45% approx. In addition, we understand the turnover from the Internet Café is approx. £1,000 per month. Post Office salary, £65,000 p.a. approx.

Reasons for selling
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION (£3,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.