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Reference G7983

Convenience Store with Post Office in Northamptonshire For Sale

Convenience Store with Post Office in Northamptonshire For Sale
Convenience Store with Post Office in Northamptonshire For Sale Buy a Convenience Store with Post Office in Northamptonshire For Sale Sell a Convenience Store with Post Office in Northamptonshire For Sale Convenience Store with Post Office in Northamptonshire For Sale for Sale

Register to see map and to make an appointment Sought after residential area NORTHAMPTONSHIRE

Turnover 4,500
Post Office 13,200
Price 65,000

Features

Detached Village Self Service Stores, Counter News, Confectionery, Tobacco, Full Free off Licence Plus Community Post office

Electric shutters to DOUBLE FRONTED SALES SHOP in the region of 600 sq. ft. sales area with tiled floor, fluorescent lighting. Well equipped including 3.75m open cool display unit (used for milk, soft drinks, dairy, wines & beers), ice cream deep freezer, large glass topped chest display deep freezer, modern adjustable shelving, display gondolas, photocopier (on loan), greeting card display, counter with touch screen till & scanning plus post office combination counter. CCTV system with 10 cameras, monitor plus recording.

Secure store
Stockroom including garage used for storage purposes
Staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 700 p.w. We understand the post office income from the community post office is currently 13,200 p.a. including lottery commission. We are further advised that the draft accounts year ending 5th April, 2017 showed sales of 190,613 with a gross profit of 44,644 (including post office income of 12,760).

Staff

The business is at present operated by a husband & wife team & no staff are employed.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 7 p.m.
Saturday opening - 8 a.m. - 7.30 p.m.
Sunday opening - 8 a.m. - 10 p.m.
We understand the community post office operated Monday - Friday inclusive from 9 a.m. - 1 p.m.

Accommodation

The accommodation all in GOOD CONDITION, all the rooms have LAMINATED STRIP FLOORS with the exception of the kitchen. The accommodation comprises:

2 Double Bedrooms
Bathroom with corner bath, shower over bath, w.c. & wash hand basin
Large Lounge/Dining Room
Kitchen with fitted units

Tenure

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease at a rental of 14,400 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 14 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 65,000 plus STOCK AT VALUATION (10,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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