Post Office for sale in South Wales

South Wales


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, residential area, SOUTH WALES

WE ARE INFORMED the turnover is in the region of £300 p.w. in our opinion offering tremendous potential for further development in the right hands. We are further advised that the post office income last year was in the region of £60,000.

We understand the entire premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 5 years. (As will be appreciated with the current rental income of £22,600 p.a. there is in fact a profit rental at the present time of £2,600 p.a.

Uniform Business Rates: £8,073 p.a.

Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 2.30 p.m.
NO SUNDAY TRADING

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £300,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £300,000
Tenure : Leasehold
Status: Available
Sectors:
Card Shops
Post Offices
Stationers
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