Post Office with Card and Gifts in Somerset For Sale

Situated in a Parade, excellent trading position, residential area, Somerset.

Turnover £ 2,000
Post Office £ 56,000
Price £120,000

Features

Post Office with Cards, Balloons, Stationery, Toys and Confectionary

5½ DAYS OPENING

SINGLE FRONTED PREMISES, in the region of 550 ft², WITH ATTRACTIVE BAY - CCTV (8 cameras), non slip industrial vinyl flooring, suspended ceiling with LED lighting.

Sales counter, combi counter (2 position), elect rice cash register, soft drinks fridge,ballon sectiion with helium cylinder (300 balloon genie), card spiners, adjustable shelving, tiered racking.

Stock room.

Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,200 p.w.- £3,000 p.w. with a Gross profit of 100% approx. POST OFFICE income in the region of £56,000 p.a. approx.

Staff

The business is at present operated by the vendor and his daughter,

Trading Hours

5½ Day week
MONDAY - FRIDAY 9 a.m. - 5 p.m.
SATURDAY 9 a.m. - 12 noon

Outside

Dedicated parking space to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2023 with reviews every 3 years (next review 2029) at a current rent of £10,800 p.a.

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

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote