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Award Winning Nottinghamshire Mains P.o. Retail Business For Sale

Newark, Nottinghamshire
Asking Price:
£135,000 Furniture / Fixtures included
Sales Revenue:
£300,000
Cash Flow:
£60,000

Mains PO, Cards, Thorntons, Gifts & Party town centre, with good footfall. Spacious store with 3 open counters, 2 fortress counters and a combination counter in store.
Great mix of products for everyday life in a great looking environment, give a robust platform for good profits.
PO remuneration £154,000 plus retail income £300,000.

If interested, please contact the seller through the form on this page.

Property information

Property:

Leasehold

Lease Terms:

10 years from 5/5/2011

Leasehold Rent:

£30,000 per annum

Living Accommodation:

Potential for separate flat with separate access, subject to appropriate consents.

Location:

Town centre

Premises Details:

10 year lease from 2011, 4000 sq ft Sales Area + approx 5000 sq ft storage!

Size in square feet:
10,000
Energy Performance Rating:
E

Business Operation

Expansion Potential:

Sunday trading, Converting upper storage & office to other use including potential accommodation.
Website

Competition / Market:

Clinton's, Card Factory, Card & Gift Independents.

Reasons for selling:

Retirement

Trading hours:

Monday 8:30 - 17:30, Tuesday -Friday 09:00 - 17:30 Saturday 09:00 - 17:00

Employees:
10
Years established:
8

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

PO is a transferable franchise without penalties.
Thorntons is a 5 year + 5 year franchise from Sept 2014

Other Information

Support & training:

Training and support provided by suppliers and, by agreement, with vendors.

Furniture / Fixtures value:
£47,000 - included in the asking price
Inventory / Stock value:
£40,000
Website:
Login or register to view link
Post office salary:
£154,000 per annum

Contact Information

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