West Midlands Post Office Convenience And Lotto Store For Sale

Business description

Busy main road location post office with convenience store newsagents off license and national lottery outlet trading under the Londis banner. Sales average £5,500 per week with a gross profit yield in the region of 23%. Post office salary £45,000 per annum inclusive of lotto commission weekly newsbill at cost £825. ALL COUNTER TRADE. The property is situated in a parade of shops and briefly comprises ground floor sales area with two post office counters rear stock room and WC and outside rear vehicle access with 3 private parking spaces. To the 1st & 2nd floors separate entrance self contained 3 double bedroom flat sub let at present with a rent of £529 per month. The property is secured on a 15 years lease with a rent of £15,000 per annum. Shop hours 7.00am to 9.00pm Monday to Sunday.

Property information

Property:

Leasehold

Lease terms:

15 years lease from 1999

Leasehold rent:

£15,000 per annum

Living accommodation:

3 double bedrooms lounge kitchen and bathroom

Location:

Superbly located in a parade of shops on a busy main road approximately 3 miles from Birmingham city centre

Premises details:

Ground floor retail shop with rear two position post office counters rear stock room with WC and outside rear vehicle access with 3 private parking spaces. To the first & second floors self contained separate entrance flat with lounge kitchen bathroom and 3 double bedrooms.

Other information

Support & training:

Full tuition will be given to any new owner

Trading hours:

Shop 7.00am to 9.00pm Monday to Sunday
Post Office 9.00am to 5.30pm Monday to Friday and 9.00am to 1.00pm Saturday

Financing available:

Finance available through Hurdley & Co Telephone 01564 739797