Convenience Store and Post Office in Atherstone For Sale

Semi-detached property, excellent trading position, residential area, ATHERSTONE, North Warwickshire.

Turnover £ 3,600
Post Office £ 15,000
Price £400,000

Features

Post Office & Convenience Store, Off Licence, Newspapers

CORNER PREMISES in the region of 225 ft², industrial non-slip floor, suspended ceiling with LED Panel lights, sales counter, EPOS till, cigarette gantry, modern adjustable shelving, drinks display fridge (glass fronted upright double-door), three foot dairy display fridge, glass fronted upright freezer, CCTV system (4 cameras, 1 monitor).

Post Office Counter with anti-bandit screen. (1 position).

Small Stock room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,600 p.w.. Wholesale newsbill £600 p.w. with a Gross profit of 20% approx.. POST OFFICE income in the region of £15,000 p.a. approx. (including 5k fixed rural payment.)

Staff

The business is at present operated by the Husband & Wife team with the assistance of 1 part time staff.

Trading Hours

7 Day week
MONDAY - FRIDAY 7 am - 6 pm
SATURDAY 8am - 1pm
SUNDAY 9.30 am - 1pm

Accommodation

House behind the shop;

3 double bedroom.
Fitted kitchen.
Bathroom with bath toilet and wash hand basin
Lounge

Outside

Small garden. Stock room. Outside Toilet, Parking for 2 cars.

Tenure

FREEHOLD

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1996, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £400,000 plus STOCK AT VALUATION (£10,000 APPROX.)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 280,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote