Post Office/Convenience/Off Licence
Price:
Leasehold - £139,995
Location:
Essex , outskirts of Colchester
Business Type:
Retail businesses
TURNOVER £8,000 PER WEEK
25% GROSS PROFIT
£45,000 PA POST OFFICE SALARY
BRAND NEW LEASE
3 BED ACCOMMODATION
SAME HANDS 9 YEARS
HUGE SCOPE FOR FURTHER LINES
£15,000 PA RENTAL
REALISTICALLY PRICED
MUST BE VIEWED
DESCRIPTION:
The premises, as previously mentioned, are situated on a busy main road and are approached by double glazed doors to a spacious shop unit which is approx.1,500 sq.ft., superbly equipped for the business and will include – double position Post Office counter with all equipment, full shelving to all walls with central gondolas, news stand and magazine racks, cigarette gantry, two computer stations which are used for internet sessions (which are charged for). In addition there are confectionery stands, stationery stands and all other ancillary equipment required to operate this highly successful business.
TURNOVER:
We understand from the Vendor the current turnover is some £7,000 - £8,000 per week at a gross profit margin of some 25%. In addition the Sub Post Office has a salary of some £45,000 per annum.
PRICE:
We are instructed by our Vendor Client to offer this most lucrative business for sale at the very realistic price of £139,995 to include the benefit of the new lease at a rental of £15,000 per annum, the goodwill and the abundance of fixtures and fittings. Stock to be purchased at valuation.
AGENT’S NOTE:
The current owner has traded very successfully within this business for the past nine years and now only because of a change of direction within his family life does this lucrative business become available. The Vendor will be only too pleased to work with any prospective purchaser for a short period of time and will show how the business can be improved.
VIEWING: By prior appointment with PPS on 01702 602 888.
LOCATION:
Ideally situated on a busy main road, within the Borough of Colchester, and being located in a very densely populated area with many local schools within the area. The premises have the benefit of a zebra crossing immediately outside the shop.
TENURE:
Our Vendor Client, who is the freeholder, is prepared to grant a new lease of 15 years at a commencing rental of £15,000 per annum with all further terms to be agreed.
HOURS:
The business is currently trading between the hours of 6.45 am until 7.30 pm seven days per
ACCOMMODATION:
We understand from the Vendor the flat with the business contains three bedrooms, living room, kitchen and bathroom with parking at the rear. The whole of the accommodation has not been inspected by PPS.
North Yorkshire
£ 750,000
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