Post Office for sale in Surrey

Surrey


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Excellent trading position, sought after residential area, SURREY

WE ARE INFORMED the turnover averages £1,500/£1,600 p.w. in our opinion offering tremendous potential for further development in the right hands. We are further advised that the gross profit is in the region of 55%. In our opinion the business has terrific potential to convert into a Convenience Store type operation combined with the sale of wines, beers & spirits, subject to obtaining the necessary Licenses, if desired. We understand the vendor has tendered his resignation in respect of the sub post office, however, we further understand that if desired the applicant could apply to Post Office Counters. We understand that Post Office Counters wish to convert the Sub Post Office into a Post Office Local & we are advised that the post office income is anticipated to be in the region of £35,000 p.a. As will be appreciated the post office appointment is entirely at the discretion of Post Office Counters Ltd.

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 20 years full repairing and insuring lease at a rental of £35,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. (As will be appreciated with the current rental income from the Maisonette over of £15,000 p.a. exclusive of rates, the net rental payable at the present time would be £20,000 p.a. exclusive of rates). PLEASE NOTE THE VENDOR HAS STATED THAT HE WILL REQUIRE A 6 MONTHS RENT DEPOSIT.

Uniform Business Rates: £3,559.58 p.a.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

The accommodation in the form of a SPACIOUS MAISONETTE over with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental income of £1,250 per month, however we understand that vacant possession can be given on completion, if required. The accommodation comprises:

3 Double Bedrooms
Bathroom with bath, shower over bath, w.c. & wash hand basin
Large lounge
Fully fitted kitchen
Cloakroom with w.c. & wash hand basin

Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 1 p.m.
NO SUNDAY TRADING
The business is also closed on all bank holidays

TO INCLUDE THE NEW LEASE, GOODWILL IN RESPECT OF THE RETAIL SHOP, FIXTURES & FITTINGS £10,000 plus STOCK AT VALUATION
Viewing Strictly by appointment.

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business information

Sale price: £10,000
Tenure : Leasehold
Status: Available
Sectors:
Card Shops
Post Offices
Stationers
Toy Shops
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