Main Post Office plus Card Shop in Surrey For Sale

Situated in a parade, excellent High Street trading position, office and commercial area, SURREY

Turnover £ 1,085
Post Office £ 136,000
Price £185,000

Features

Main Post office, with Cards, Stationery, Gifts, National Lottery

6 DAYS OPENING

DOUBLE FRONTED PREMISES with ELECTRIC SHUTTERS in the region of 1,400 ft². CCTV (6 cameras). Air conditioning. Laminate flooring, suspended ceiling with LED light panels. 1 fortress and 2 open plan positions plus combi counter, modern adjustable shelving, display units.

Staff cloakroom - with toilet and sink

Kitchenette

Large storeroom

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,085 p.w. with a gross profit of 80% approx. POST OFFICE income in the region of £136,000 p.a. approx.

Staff

The business is at present operated by the vendor with 1 full time staff plus the assistance of 3 part time staff.

Trading Hours

6 Day week
MONDAY - FRIDAY 9 a.m - 5.30 p.m
SATURDAY 9 a.m - 3 p.m

Outside

Parking space to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2019 with reviews every 5 years (next review 2024) at a current rent of £45,000 p.a. In addition we understand there is a service charge of £2,400 p.a. approx.

Business Rates from April 2023 £4,148 approx. after small business relief (Please contact local authority to confirm)


THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION
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