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Successful Post Office & Village Shop For Sale

Hitchin, Hertfordshire
Asking Price:
£119,500
Turnover:
£374,400
Net Profit:
£50K - £100K

Leasehold business with 2 bedroom accommodation in a beautiful picturesque village in the county of Hertfordshire.
You also recieve a Post Office Salary.
Train into central London from a near by town just 30mins, just of the A1 with access to the north and the South.
Fantastic opportunity for a couple or a small family.

Property information

Property:

Leasehold

Lease Terms:

18yr lease with 11yrs remaining but is a renewable lease. Also a full repair lease meaning landlord responsible for certain repair and maintenance.

Leasehold Rent:

£16,000 per annum

Living Accommodation:

Very spacious 2 bedrooms with separate kitchen, dining room and a lounge and large bathroom. Also a rear garden.

Location:

Only shop in the village with the next shop in the nearest town about 10 mins drive away.

Premises Details:

1000sq ft convienance with newsagent, off licence and a Post Office.

Size in square feet:
100sq ft approx
Energy Performance Rating:
D

Business Operation

Expansion Potential:

Open limited hours due to family committment so opportunity to extend opening hours and range. Also more housing being built in the area which will benefit business.

Competition / Market:

No competition as only shop in the village

Reasons for selling:

Health issue in the family.

Trading hours:

Mon to Saturday 8am - 7.30pm
Sunday 8am -2pm

Employees:
3
Years established:
50yrs plus (present owners 7yrs)

Other Information

Support & training:

Present owners will be living in the village after selling business and will be happy to support new owners.

Inventory / Stock value:
£24,000

Contact Information

    1. Your Address

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