Well Established Freehold Village General Stores, News, Confectionery, Tobacco, Full Free Off Licence (recently Introduced) Plus Post Office Local for Sale
Leasehold : £ 60,000
Freehold : £ 160,000
Post Office : £ 11,000p.a.
Turnover : £ 3,500 p.w.
Rural village on the Coast Road. Situated in a terrace, coastal position, CLEVELAND
Turnover: £3,500 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers & spirits. Wholesale newsbill £700 p.w. We understand from the vendor that on transfer the Post Office will be a Post Office Local & we are advised that the income will be in the region of £11,000 p.a.
||The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy and provides a rental income of £65 per week, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:
1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Lounge with fitted kitchen area
||TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT