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Reference G9047

Convenience Store plus Post Office in Somerset For Sale

Convenience Store plus Post Office in Somerset For Sale
Convenience Store plus Post Office in Somerset For Sale Buy a Convenience Store plus Post Office in Somerset For Sale Sell a Convenience Store plus Post Office in Somerset For Sale Convenience Store plus Post Office in Somerset For Sale for Sale Convenience Store plus Post Office in Somerset For Sale for Sale Convenience Store plus Post Office in Somerset For Sale for Sale Convenience Store plus Post Office in Somerset For Sale for Sale Convenience Store plus Post Office in Somerset For Sale for Sale Convenience Store plus Post Office in Somerset For Sale for Sale

Register to see map and to make an appointment Situated in a parade, commanding main road trading position, residential, office and commercial area, SOMERSET

Turnover 1,500
Post Office 135,000
Price 225,000

Features

Convenience Grocery Store and off Licence (recently Closed) with Thriving Post office and Lucritive Cards and Stationery Business

IMPRESSIVE PREMISES 3,000 sq ft. Laminate woodstrip floor, suspended ceiling with LED spotlights. 2 EPOS tills with card payment machines, COUNTERS,counters, 5m fridge, 2-3.75m fridges, 2.5m fridge, 1.8m dairy fridge, 2-double door freezers, 3 tier Walls ice cream freezer, warm display unit, modern adjustable 'Eden' shelving.

Post office - 5 COUNTERS (3 open plan and 2 Fortress positions with parcel hatch)

STOREROOM 500 sq ft - non slip industrial floor, tube lighting, fully shelved.

Bakery preparation room - Read bake off oven, counter, sink.

Disabled toilet

Turnover

Sales of the retail business when trading, we are advised, were 11,000 pw.

Presently the Post Office income is 135,000 pa, with additional cards and stationery sales of 1,500 pw. (80% gp.)

Staff

The Post Office is staff run, 3 full time staff.
Wage bill 1200 p.w.

Trading Hours

Retail shop - when trading 7 am - 10 pm 7 days per week

POST OFFICE Monday to Friday 9am - 5.30 pm
Saturday 9am - 1.30pm

Tenure

We understand, subject to satisfactory references, the vendor is prepared to grant a 15 years sub-lease with 5 yearly reviews at a rent 40,000 p.a.

We are advised the Landlord will require a 6 months rent deposit and a guarentor.

Price

TO INCLUDE THE NEW SUB-LEASE, GOODWILL, FIXTURES & FITTINGS 225,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 112,500 (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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