| (REF: C7691) Stationery, Greeting Cards With Sub Post Office |
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| Seller Reference: |
C7691 |
| B4S Reference: |
27532 |
| Asking Price: |
£95,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£7,800 |
| Number of Staff: |
3 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
South London, London, United Kingdom |
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Nationwide are pleased to offer to the market : DOUBLE FRONTED MEDIUM SIZED SALES SHOP with lino floor, fluorescent lighting. 2 revolving card display stands (including 1 on loan). Post Office Counter with anti-bandit screen (2 positions plus parcel hatch).
Rear ground floor room
Staff w.c.
In addition on the ground floor is a bathroom with bath, wash hand basin
WE ARE INFORMED the turnover averages £150 p.w. in our opinion offering tremendous potential for further development in the right hands. Gross profit 40% approx. Post Office salary £41,000 p.a. approx. (including commission paid in respect of an external ATM machine).
We understand the premises are held on a secure renewable lease, the present lease expiring in September, 2013 at a current rental of £9,000 p.a. exclusive of rates. We understand from the present tenant that the rent was due for review in September, 2010, however we are further advised that no request for an increase has at present been advised.
Uniform Business Rates: Nil payable at present due to full relief
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£1,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
The accommodation with internal access plus external front door access does require some redecoration and has FULL GAS FIRED CENTRAL HEATING, comprises:
First Floor
1 Double Bedroom
Large Lounge
Kitchen
Bathroom with bath
Separate cloakroom with w.c. and wash hand basin
Second Floor
2 Additional Double Bedrooms
It will be appreciated upon inspection that the accommodation could be let on a shorthold tenancy to provide a rental income, if not required for personal use.
Yard at rear |
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Location: |
Situated in a parade, densely populated residential area, LONDON, SW |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday - Friday inclusive - 8.30 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 12.30 p.m.
NO SUNDAY TRADING |
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The business is at present operated by the vendor on a part time basis 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. |
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