| (REF: C7664) Sub Post Office |
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| Seller Reference: |
C7664 |
| B4S Reference: |
27632 |
| Asking Price: |
£75,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
Undisclosed |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
West London, London, United Kingdom |
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Nationwide are pleased to offer to the market : SINGLE FRONTED PREMISES approx. 500 sq. ft. sales area with fluorescent lighting, air conditioning. Post office counter with anti-bandit screen (2 positions plus parcel hatch).
Rear staffroom
Kitchen area
Staff w.c. and wash hand basin
The retail area is at present let and is operated as a Retail Shop plus Internet Café. The agreement the owner has with the tenant is a 2 month agreement and the tenant pays a montly rental of £770 per month. This agreement can continue or indeed if a prospective purchaser wishes to operate a retail business, vacant possession could be given on completion.
Post office salary year ending 5th April, 2011 was £39,122.85
We understand the premises are held on a secure renewable lease, the present lease having 9 years unexpired from April, 2010 at a rental of £10,200 p.a. exclusive of rates up to April, 2012, with rent to be agreed thereafter.
Uniform Business Rates: £3,500 p.a. approx.
IN OUR OPINION THIS IS AN IDEAL BUSINESS FOR A HUSBAND & WIFE TEAM PROVIDING A GOOD POST OFFICE SALARY & A RENTAL INCOME FROM THE RETAIL SHOP, WHICH AS STATED ABOVE CAN BE CONTINUED OR INDEED THERE IS POTENTIAL TO ESTABLISH A RETAIL BUSINESS ON THE PURCHASERS OWN ACCOUNT, IF DESIRED.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
TO INCLUDE THE SECURE LEASE £75,000 NO OFFERS subject to contract
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: |
Small garden |
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Location: |
Situated in a parade, busy road, residential area, WEST LONDON |
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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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In respect of the Sub Post Office - Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 12.30 p.m.
NO SUNDAY TRADING |
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The Sub Post Office Section 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. |
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