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Advert Details

Attractive Village Greeting Cards Stationery With Sub Post Office For Sale

(Ref: C7288)

South Wales, Gwent, United Kingdom

Financials

Asking price: £45,000

Sales revenue: £26,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
ATTRACTIVE DOUBLE FRONTED MEDIUM SIZED SALES SHOP with quarry tiled floor. 4 greeting card display stands (2 with drawers under), 2 revolving card display stands. Post Office counter with anti-bandit screen (2 positions).

Rear office
Kitchen/Store area
Staff cloakroom with w.c. and wash hand basin

Employees: The business is at present operated by the vendor with the assistance of 2 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Trading hours: Monday & Tuesday - 9 a.m. - 5.30 p.m. Closing 1 p.m. - 2 p.m. for lunch Halfday Wednesday opening 9 a.m. - 1 p.m. Thursday & Friday - 9 a.m. - 5.30 p.m. Closing 1 p.m. - 2 p.m. for lunch Halfday Saturday opening 9 a.m. - 12.30 p.m. only NO SUNDAY TRADING

Property: Leasehold


Lease terms
We understand that the landlord, subject to satisfactory references, is prepared to grant a new 15 years lease at a rental of approx. £4,000/£4,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. Uniform Business Rates: Nil payable after full relief RECOMMENDED FOR EARLY INSPECTION

Location
Situated in a parade, High Street position, residential area, S WALES

Expansion potential
WE ARE INFORMED the turnover averages £500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 40/45% approx. Post Office salary £32,000 p.a. approx.

Reasons for selling
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.


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