| (REF: NW008323) Post Office/Lic. Gen Store/News - Cumbria |
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| Seller Reference: |
NW008323 |
| B4S Reference: |
28665 |
| Asking Price: |
£390,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£30,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Undisclosed, Cumbria, United Kingdom |
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THE PROPERTY
This is a substantial detached property with a prominent position in the village overlooking the green. Briefly comprising: The two-storey retail premises with excellent ground floor air conditioned shop areas and single position Post Office to the rear, with the first floor housing a spacious stock room/office area.
The self-contained home has a separate front entrance and 4 bedroom (1 en-suite) accommodation, which has been significantly upgraded by our clients and is very tastefully appointed. It also has a study/office and benefits from gas central heating and Upvc double-glazing. The whole business and residential areas were completely re-fitted approximately 3 years ago giving the purchaser a rare opportunity to acquire a quality walk in and trade operation in an excellent residential area.
THE BUSINESS PREMISES COMPRISE:
Significant double fronted shop with full Upvc frontage, glazed entrance door with display window to each side.
MAIN SALES AREA
Quality air-conditioned sales area of approx. 470 sq. ft. with excellent range of wall and walk round fixtures and single position Post Office counter to the rear. There is a small deli area with glass fronted illuminated serve over unit, 3-double door multi shelf display fridges, modern illuminated tiled ceiling, good commercial flooring.
Door to kitchen area with s/s sink and hand wash basin. Stairs to:
Stock Room/Office Useful area approx.210 sq.ft. with office area, shelving as fitted, D.G. skylight.
THE BUSINESS
The business has a prominent position in the village, and in addition to the Post Office the shop trade derives from a good mix of News, Sweets, Groceries etc. with a small Greengrocery and Off Licence trade, and has an Epos/CTN system for ease of operation. It shows a consistent history of profitable trading with significant year on year sales and profit increases. The year to July 2010 showed an increase in sales to c£412,000 and good net profit increases have been achieved with expenses kept at reasonable levels. In addition, the Post Office salary is also showing year on year increases and is now c£30,000 per annum, adding further stability to this profitable enterprise. The total Gross Profit is a very reputable £135,000.
HOURS OF TRADING
Current opening hours at the time of our visit were:
SHOP POST OFFICE
Monday to Saturday 6am. to 7pm. Monday to Friday 9am. to 5.30pm.
Sunday 6am. to 1pm. Saturday 9am. to 12.30pm.
Sunday CLOSED
STAFF NUMBERS (at the time of our visit)
A total of 1 full time and 3 part time staff, and 2 paper boys, hours as required.
THE HOME
Providing spacious self contained family accommodation in an excellent residential area, with separate entrance door to front and benefiting from Upvc double glazing and gas central heating.
GROUND FLOOR
External Upvc entrance door to spacious inner porch approx. 12ft x 4ft 5", with tiled floor, window to front. Upvc D.G window and door to:
Lounge
Approx. 18ft 6" x 13ft, windows to rear and porch, fitted coal effect gas fire, double panel C.H. radiator.
Kitchen/Diner
Excellent well fitted kitchen/diner approx. 18ft 1" x 12ft 6" with a quality range of fitted wall and base units with integral fridge, dishwasher, washing machine and tumble dryer. 8-burner Country Range with multi oven with hood and tiled back, hygienic wipe clean ceiling with downlighters.
Open plan stairs to first floor, with large window affording much natural light.
FIRST FLOOR
Spacious landing areas with C.H. radiator.
Master bedroom Pleasant en-suite room approx. 11ft 6" x 10ft 7" to edge of fitted wardrobes, window to side.
E-suite facilities With fully tiled walls, hygienic wipe clean ceiling, Mira Excel shower in cubicle, hand basin in vanity unity, WC.
Bedroom 2 Approx 13ft 1" x 9ft 2", window to front overlooking green, C.H. radiator,
Bedroom 3 Approx 9ft 10" x 9ft, window to rear, C.H. radiator.
Bedroom 4 Approx 15ft 7" x 10ft 11", rooflight, double panel C.H. radiator
Office/Study Useful area approx 13ft 5" x 6ft 9", presently used as an office.
Bathroom With white 3-pce. bathroom suite with part tiled walls, laminate flooring, fitted shower cubicle with Mira shower, CH radiator, D.G. rooflight.
OUTSIDE
Part covered yard area to side.
COMMENTS
An excellent opportunity, comprising a stable, profitable business with substantial rising sales and Post Office salary, in a good trading location and with a tasteful family home in this desirable village. Viewing is highly recommended to appreciate this property and business, village and surrounding areas.
FINANCE
Finance for this business is available through Adams and Co(Finance). Please call this office for more details. Please remember that all loans are subject to status and survey.
LEGAL FEES:
Vendors and Buyers each to meet their own legal costs.
Additional Services
When purchasing a business (particularly for the first time) there are many important issues to consider and organise. With over 50 years experience of the Business Transfer market we at Adams and Co are ideally placed to help purchasers. We are able to arrange competitive finance, insurance, and stock-takers, if required. Please telephone for further information.
THE PROPERTY MISDESCRIPTIONS ACT 1991
Adams and Co have not tested any apparatus, equipment, fixtures and fittings, or services and so cannot verify they are in working order or fit for the purpose. Buyers are advised to obtain verification from their Solicitor or Surveyor. Purchasers must satisfy themselves as to their actual condition prior to purchase. References to the Tenure of a Property are based on information supplied to Adams and Co by the vendor. Adams and Co have not had sight of the title documents. Buyers are advised to obtain verification from their solicitor. All measurements are approximate and intended for general guidance only and should therefore be considered to be 'nominal'.
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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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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