Convenience Store with Off Licence and Main Post Office in Bedfordshire For Sale

Occupying a corner position, residential area, BEDFORDSHIRE

Turnover £ 2,250
Post Office £ 130,000
Price £185,000

Features

Detached Superbly Fitted Convenience Store, Full Free Off Licence with Main Post Office

PARKING IN FRONT OF SHOP FOR 3 CARS (Please note this parking area is owned by the Council)

SPACIOUS SALES SHOP probably in the region of 1,000 sq. ft. sales area. Quality tiled floor, suspended ceiling with concealed lighting. 2 air conditioning units. The equipment includes 1-3m open cool display unit, 1-2.5m open cool display unit, upright double door glass fronted display deep freezer, 3-tier ice cream deep freezer, retail counter with electronic till & EPOS scanning. Post Office combination counter. In addition the main post office section has 2 open plan counters plus 1 fortress position. 5 greeting card display stands with drawers under, display gondolas, CCTV system with 17 cameras.

Rear office
Kitchen

Ladies' & gentlemen's staff w.c's with shared wash hand basin

Large stockroom at rear

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. - £2,500 p.w. with a Gross profit of 35% approx.. POST OFFICE income in the region of £130,000 p.a. approx.

Staff

At present operated by a husband & wife team with the assistance of 4 part time staff.

Trading Hours

Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 2 p.m.
NO SUNDAY TRADING
The business is also closed on all Bank Holidays
In our opinion there is terrific potential for additional opening hours, if desired

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy & provides a rental income of £800 per month, however we understand that vacant possession can be given on completion. The accommodation comprises:

2 Bedrooms (1 double, 1 large single)
Bathroom with bath, shower over bath, w.c. & wash hand basin
Large lounge/dining room
Fitted kitchen

Outside

Garage

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2021 with reviews every 4 years (next review 2029) at a current rent of £26,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 92,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote