Business for sale

Business description

This business is located in east london.


We are informed the turnover averages £700 p.w. In our opinion offering tremendous potential for further increase in the right hands. Gross profit 45% approx. Post office salary £46,000 p.a. Approx.


Price to include the secure lease, goodwill, fixtures & fittings £140,000 plus stock at valuation
substantial loan to an approved applicant

Features single fronted sales shop with tiled floor, suspended ceiling, fluorescent lighting. 1 Greeting card display stand with drawers, 2 revolving card display stands, shelving, counter. Post office counter with anti-bandit screen (3 positions) etc.

Small stockroom
staff cloakroom with w.c. And wash hand basin

staff the business is at present operated by the vendor with the assistance of his wife plus 1 full time staff.

Opening hours monday - friday inclusive - 9 a.m. - 5.30 P.m.
Saturday opening - 9 a.m. - 3 P.m.
(The post office section closes at 1 p.m. On saturday)
no sunday trading

Tenure we understand the premises are held on a new 10 years lease from january, 2006 at a rental of £6,400 p.a. Exclusive of rates for the first 5 years, with rent to be agreed thereafter.

Uniform business rates: £2,000 p.a. Approx. + Water rates (metered)

Recommended for early inspection


Reference : C6755