Post Office with Card Shop in North London For Sale

Situated in a parade serving large industrial estate plus close to large supermarket, NORTH WEST LONDON

Turnover £ 700
Post Office £ 79,000
Price £59,950

Features

Confectionery, Tobacco, Stationery with Main Post office

SINGLE FRONTED MEDIUM SIZED SALES SHOP approx. 350 sq. ft. sales area with tiled floor. Retail counter with combination post office counter, shelving, 1 upright double door glass fronted drinks display fridge. Post Office counter with anti-bandit screen (2 postions plus parcel hatch) etc.

Staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of £700 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the post office income at the present time is in the region of £79,000 p.a. including VAT

Staff

The business is at present operated by 2 partners with the assistance of 1 part time staff.

Trading Hours

Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 1 p.m.
NO SUNDAY TRADING

Tenure

We understand the premises are held on a 10 years licence from February, 2022 at a rental of £23,000 p.a. plus VAT including electricity, business rates & water, with 3 yearly reviews. There is a 3 months notice either way on the licence, however, the business has been trading at this address for over 15 years.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE LICENCE, GOODWILL, FIXTURES & FITTINGS £59,950 FIXED PRICE plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 29,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote