Post Office for sale in Cumbria

Cumbria


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, CUMBRIA

WE ARE INFORMED the turnover averages £400 p.w. in our opinion offering further potential to increase in the right hands. Post Office salary £52,000 p.a. approx.

The vendors owns the freehold and subject to satisfactory references are prepared to grant a new 20 years full repairing and insuring lease in respect of the shop with accommodation over at a rental of £10,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. (Alternatively should the accommodation not be required, the vendors subject to satisfactory references, are prepared to grant a new 20 years lease in respect of the shop premises only at a rental of £7,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years).

Uniform Business Rates: Nil payable after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 16 YEARS AND IS OFFERED FOR SALE AS THE VENDOR WISHES TO RETIRE

RECOMMENDED FOR EARLY INSPECTION

The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy & provides a rental income of £300 per month, however, we understand that vacant possession can be given on completion, if required. The FLAT comprises:

1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Large Lounge
Kitchen with fitted units

Monday - Saturday inclusive 9 a.m. - 5.30 p.m.
NO SUNDAY TRADING

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION (£2,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £200,000 or near offer plus STOCK AT VALUATION (£2,000 approx).
SUBTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £80,000
Tenure : Leasehold
Status: Available
Sectors:
Card Shops
Clothes Shops
Pet Shops
Post Offices
Stationers
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