ATTRACTIVE DOUBLE FRONTED SALES SHOP with tiled floor, suspended ceiling with concealed LED lighting. All recently newly fitted at considerable expense. Counter with post office combination counter. To the rear of the shop are 2 open plan post office positions plus fortress position, 1 greeting card display stand, 1 revolving card stand, modern adjustable shelving, 1 double door glass fronted drinks display fridge (on loan), 1 single door glass fronted drinks display fridge, photo booth (owned & we understand providing a revenue of approximately £500 per month).
Office with kitchen area
Staff w.c. & wash hand basin.
Turnover : £300/£350 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 40% approx. In addition there is a photo booth which we understand provides a revenue of approximately £500 per month. Post Office income in the region of £72,000 p.a. approx. (including the commission paid in respect of an external ATM machne).
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £399,950 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Monday - Friday inclusive - 8.30 a.m. - 5.30 p.m.
Saturday opening - 8.30 a.m. - 3.30 p.m.
NO SUNDAY TRADING
Number of Employees:
At present operated by the vendor (mornings only) with the assistance of 5 part time staff plus 1 Saturday assistant.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.
Tenure: Freehold, Leasehold
Number of bedrooms: 2
The accommodation in the form of a SELF CONTAINED FLAT over, all modernised, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental income of £480 per month, however we understand that vacant possession can be given on completion, if required. The accommodation comprises:
2 Double Bedrooms
Bathroom with bath, wash hand basin (new suite)
Fitted kitchenParking at rear for 3/4 cars
Location Details: Situated in a parade, residential area, BIRMINGHAM
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