Convenience Store with Post Office and HMO in Somerset

Nationwide are proud to offer to the market CONVENIENCE GROCERY STORE AND OFF LICENCE (recently closed) with THRIVING POST OFFICE AND LUCRITIVE CARDS AND STATIONERY BUSINESS & HMO ABOVE – FORECAST NET PROFIT £180,000. Situated in a parade, commanding main road trading position, residential, office and commercial area, SOMERSET.

IMPRESSIVE PREMISES 3,000 sq ft. Laminate woodstrip floor, suspended ceiling with LED spotlights. 2 EPOS tills with card payment machines, COUNTERS,counters, 5m fridge, 2-3.75m fridges, 2.5m fridge, 1.8m dairy fridge, 2-double door freezers, 3 tier Walls ice cream freezer, warm display unit, modern adjustable ‘Eden’ shelving.

Post office – 5 COUNTERS (3 open plan and 2 Fortress positions with parcel hatch)

Photobooth.

STOREROOM 500 sq ft – non slip industrial floor, tube lighting, fully shelved.

Bakery preparation room – Read bake off oven, counter, sink.

Disabled toilet

Turnover : Sales of the retail business when trading, we are advised, were £11,000 pw.

Presently the Post Office income is £135,000 pa, with additional cards and stationery sales of £1,500 pw. (80% gross profit)

The photobooth providses an additional income of £1,600 pcm

We are advised with the rental income received, commissions and Post Office income, projected income from the re-established supermarket the NET PROFIT IS FORECAST TO BE £250,000 p.a.

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £375,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £375,000 (G9050)

www.NationwideBusinesses.co.uk