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SUB POST OFFICE

Price:
Leasehold - £75,000
Seller Ref:
C7664
Location:

London, West London

Business Type:

Retail businesses

See Other:
Stationers for sale in London
Post offices for sale in London
Retail businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SINGLE FRONTED PREMISES approx. 500 sq. ft. sales area with fluorescent lighting, air conditioning. Post office counter with anti-bandit screen (2 positions plus parcel hatch).

Rear staffroom
Kitchen area
Staff w.c. and wash hand basin

The retail area is at present let and is operated as a Retail Shop plus Internet Café. The agreement the owner has with the tenant is a 2 month agreement and the tenant pays a montly rental of £770 per month. This agreement can continue or indeed if a prospective purchaser wishes to operate a retail business, vacant possession could be given on completion.

Post office salary year ending 5th April, 2011 was £39,122.85

We understand the premises are held on a secure renewable lease, the present lease having 9 years unexpired from April, 2010 at a rental of £10,200 p.a. exclusive of rates up to April, 2012, with rent to be agreed thereafter.

Uniform Business Rates: £3,500 p.a. approx.

IN OUR OPINION THIS IS AN IDEAL BUSINESS FOR A HUSBAND & WIFE TEAM PROVIDING A GOOD POST OFFICE SALARY & A RENTAL INCOME FROM THE RETAIL SHOP, WHICH AS STATED ABOVE CAN BE CONTINUED OR INDEED THERE IS POTENTIAL TO ESTABLISH A RETAIL BUSINESS ON THE PURCHASER'S OWN ACCOUNT, IF DESIRED.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

TO INCLUDE THE SECURE LEASE £75,000 NO OFFERS subject to contract
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, busy road, residential area, WEST LONDON
Trading Hours:
In respect of the Sub Post Office - Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday open
Accommodation:
Small garden
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