Business for sale

Business description

Situated in a parade, sought after residential area, Leicester

We are informed the turnover averages £250 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx. Post Office salary £34,000 p.a. approx. (It should be noted that the sub post office has the advantage of being able to issue Motor Vehicle Licenses).

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features DOUBLE FRONTED MEDIUM SIZED SALES SHOP with carpet tiled floor, fluorescent lighting. Well equipped including 5 greeting card display stands with drawers, shelving. Post Office counter with anti-bandit screen (3 positions) etc.

Small office
Staff cloakroom
Small store area

Staff The business is at present operated by a lady vendor with the assistance of 2 part time staff.

Opening Hours Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Halfday Saturday closing at 12.30 p.m.
NO SUNDAY TRADING

Tenure We understand the premise are held on a secure renewable lease for a period of 25 years from November, 2003 at a rental of £5,400 p.a. exclusive of rates up to November, 2009, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £1,110 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION


Reference : C7110