Nationwide are delighted to present to the market WELL FITTED GREETING CARDS, STATIONERY, PHOTO DEVELOPMENT with MAIN POST OFFICE. Situated in a parade, main road trading position, commercial & residential area, EAST LONDON.
Electric shutters to DOUBLE FRONTED SALES SHOP probably in the region of 550/600 sq. ft. sales area with tiled floor. We understand that the shop was refitted approximately 3/4 years ago. 2 greeting card display stands, retail counter, photo development equipment owned by the person currently running the retail shop on a rental basis. Post Office counter with anti-bandit screen (3 positions) etc.
Staff w.c. & wash hand basinTurnover :
AT PRESENT the retail side of the business is sublet & the postmaster is receiving a rental of £800 per month. We understand if desired this arrangement could be terminated & the business operated by the new owner, if desired. Post Office income we understand in excess of £100,000 p.a.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £180,000 (C9134)
Is accommodation included?:
The accommodation in the form of a SELF CONTAINED FLAT over, is at present let on a shorthold tenancy & provides a rental income of £12,000 p.a. however, we understand that vacant possession can be given on completion, if required. The accommodation with FULL GAS FIRED CENTRAL HEATING comprises:
2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin