CONVENIENCE GROCERY STORE AND OFF LICENCE (recently closed) with THRIVING POST OFFICE AND LUCRITIVE CARDS AND STATIONERY BUSINESS HMO ABOVE in SOMERSET

  • £375,000
England, Somerset
For Sale
CONVENIENCE GROCERY STORE AND OFF LICENCE (recently closed) with THRIVING POST OFFICE AND LUCRITIVE CARDS AND STATIONERY BUSINESS HMO ABOVE in SOMERSET
England, Somerset
  • £375,000

Overview

  • Business, Convenience Stores, General Stores, Hotels and Motels, Off Licences, Post Offices, Retail Businesses
  • Property Type

Description

CONVENIENCE GROCERY STORE AND OFF LICENCE (recently closed) with THRIVING POST OFFICE AND LUCRITIVE CARDS AND STATIONERY BUSINESS & HMO ABOVE

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

THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop to FLAT above at present let on a room by room basis and provides a rent of £2,900 per month. The accommodation comprises:

Shared fitted kitchen

2 Shower rooms, each with shower, toilet and wash hand basin

5 Bedrooms.

Also located on the first floor is a self contained office, presently occupied, and providing a rental of £500 per month.

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..

Details

Updated on February 16, 2025 at 6:32 pm
  • Price: £375,000
  • Property Type: Business, Convenience Stores, General Stores, Hotels and Motels, Off Licences, Post Offices, Retail Businesses
  • Property Status: For Sale
  • Tagline: Convenience Stores, General Stores, Hotels and Motels, Off Licences, Post Offices

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