Convenience Store and Post Office in West Yorkshire For Sale

Situated main road trading position, residential area, WEST YORKSHIRE

Turnover £ 5,000
Post Office £ 20,000
Price £80,000 / £495,000

Features

Detached Self Service Convenience Store, Full Free off Licence & Local Post office

SINGLE FRONTED SELF SERVICE STORES (4 windows) approximately 600 sq. ft. New fully tiled floor, suspended ceiling with concealed lighting. Modern adjustable shelving, 1 electric cash register with scanning, open cool display unit, 1-3.75m open cool display unit, combi counter.

Small stockroom
Staff w.c. & wash hand basin

We are advised there is potential to extend the shop.

Turnover

WE ARE INFORMED the turnover is in the region of £5,000 p.w. In our opinion offering further potential to increase. POST OFFICE income in the region of £20,000 p.a. approx.

Staff

Operated by 2 members of the vendor's family on a full time basis.

Trading Hours

8.30 a.m. - 6 p.m. seven days per week
Local demand for longer hours

Accommodation

The accommodation, situated next door, with FULL GAS FIRED CENTRAL HEATING, comprises:

3 bedrooms ( 2 doubles, 1 single)
Fully tiled bathroom with bath, shower over bath, w.c. & wash hand basin
Large lounge
Kitchen
Conservatory

Outside

Large land area including rebuild 4 2-bedroom flats plus extra on main road & side 20m x 20m next to conservatory.

Yard plus large rear garden
Garage

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £24,000 p.a. exclusive of rates with rent reviews every 3 years. (Alternatively should the accommodation not be required, the vendor, subject to satisfactory references, is prepared to grant a new full repairing and insuring lease at a rental of £16,000 p.a. exclusive of rates with rent reviews every 3 years).

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION (£5,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR PRICE TO INCLUDE THE VALAUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £495,000 plus STOCKAT VALUATION (£5,000)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (lease) £ 346,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote