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Old Established Post Office And Convenience Store For Sale

Hampshire, UK
Freehold Price:
£951,000
Leasehold Price:
£365,000
Turnover:
£650,000
Net Profit:
Undisclosed

FREE CUSTOMER PARKING

DOUBLE FRONTED PREMISES in the region of 2,000 ft² WITH ELECTRIC SHUTTERS, vinyl floor, LED Tube lights, sales counter, cash register, modern adjustable shelving, 5.5 Meters drinks display fridge (glass fronted upright), 3.5 Meters drinks display fridge (glass fronted upright), 2 x glass topped deep freeze, glass fronted upright freezer, walls Ice Cream Freezer, CCTV system (16 cameras, 1 monitor).

2 POSITIONS Post Office Counter with RETAIL COUNTER

Stock room with shelving.

Staff Toilet with w.c. and wash hand basin.

Kitchen

LOCATION: Situated in a small parade, prominent trading position, residential area, close to 3 schools, Hampshire.

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages GROSS £14,000 - £15,000 p.w. with a Gross profit of 33% approx. Wholesale news bill £2,000 p.w. (delivery only). POST OFFICE income in the region of £48,000 p.a. approx.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of: NATIONAL LOTTERY £100 per week approx.

STAFFING: The business is at present operated by the vendor on a part time basis with 2 full time & 2 part time staff. 2 news rounds, delivery charge £5 p.w.

PRICE: TO INCLUDE THE NEW, GOODWILL, FIXTURES & FITTINGS £365,000 plus STOCK AT VALUATION (£65,000 APPROX.)

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

OR TO INCLUDE THE VALUABLE LONG LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £951,000 plus STOCK AT VALUATION (£65,000 APPROX.)

SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Available as freehold and leasehold

Other Information

Leasehold asking price:
£365,000
Post office salary:
£48,000 per annum