Financial Times FT.com

Resources

Advert Details

Superior Confectionery Tobacco Greeting Cards Stationery Soft Drinks With Sub Post Office For Sale

(Ref: C7366)

South Yorkshire, South Yorkshire, United Kingdom

Financials

Asking price: £55,000

Sales revenue: £26,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
SPACIOUS SINGLE FRONTED SALES SHOP, carpeted, ceiling with spotlighting. The equipment includes 1 greeting card display stand with drawers, 2 revolving card display stands, shelving. Post Office counter with anti-bandit screen (3 positions - however only 2 positions are utilized) plus parcel hatch.

Stockroom
Staff cloakroom with w.c. and wash hand basin

Employees: The business is at present operated by a husband and wife team with the assistance of 2 part time staff.

Trading hours: Monday - Friday inclusive - 9 a.m. - 5.30 p.m. Saturday opening - 9 a.m. - 12.30 p.m. NO SUNDAY TRADING

Property: Leasehold


Lease terms
The vendor owns the freehold and in respect of the shop premises is prepared to grant, subject to satisfactory references, a new 12 years full repairing and insuring lease at a rental of £7,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. RECOMMENDED FOR EARLY INSPECTION

Living accomodation
The SPACIOUS SELF CONTAINED living accommodation, available as an optional extra on a shorthold tenancy, at a rental of £360 per month, comprises: 4 Bedrooms (3 doubles, 1 single) Bathroom with bath, w.c. and wash hand basin Large Lounge with fitted

Location
Situated in a parade, residential and commercial area plus large hospital nearby, SOUTH YORKSHIRE

Expansion potential
WE ARE INFORMED the turnover averages £500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Post Office salary £33,000 p.a.

Reasons for selling
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.


<< Back to businesses for sale list


Buy or Sell a Business