Village Store and Post Office in Buckinghamshire For Sale

Terrace property, excellent trading position, residential area, Buckinghamshire

Turnover £ 4,750
Post Office £ 27,000
Price £99,500 / £575,000

Features

Traditional Village Stores & Post office

6 DAYS OPENING.

SINGLE FRONTED PREMISES, in the region of 1,085 ft², WITH SHUTTERS - CCTV (10 cameras), Tiled floor, Plasterboard ceiling with LED lighting.

Sales counter, electric cash register. 3m open display chiller, 2 chest freezers, ice cream freezer, coffee machine, heated cabinet (on lease), adjustable shelving, card display stand drawers beneath, etc.

Post office (Fortress) 1 position and parcel hatch.

Shelved store room to rear

Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 - £5,000 p.w. with a Gross profit of 22% approx.. Wholesale newsbill £700 p.w. POST OFFICE income in the region of £27,000 p.a. approx.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £25 per week approx.

Staff

The business is at present operated by the Husband & Wife team

In addition we are advised there are 2 news rounds, delivery charge £3.50 p.w.

Trading Hours

6 Day week
MONDAY - FRIDAY 7 am - 6 pm
SATURDAY 8 am - 12.30 pm
Sunday Paper deliveries only

Local demand and potential for longer opening hours.

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, rear entrance. The accommodation comprises:

First floor;

Living room.
Fitted kitchen / diner
Double bedroom.
Bathroom with bath, shower cubicle, w.c. and wash hand basin.

Second floor;

Double bedroom.

Atic used for storage

Outside

Large rear garden with lawn

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant, IN RESPCT OF THE GROUND FLOOR BUSINESS ONLY, a new 16 years full repairing and insuring lease, at an initial rental of £16,500 p.a. with rent reviews every 4 years

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2003, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £575,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

OR TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 49,750 (lease) £ 402,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote