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Wednesday 18th of Jan 2017 - My Account - Register - Brokers - Bookmark RightBiz
Leasehold:
£84,950

Newsagents (c.t.n.) + Post Office Cambridge

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Further Details
ReferenceS32791E / RightBiz
Status
UNDER OFFER
Advert ID186087
LocationCambridge, Cambridgeshire
SectorNewsagents, Off Licences
TenureLeasehold
Leasehold Price£84,950
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Rarely does such a superbly appointed store and Post Office come to the market, especially one in such a good residential location. The vendors have invested many thousands to ensure this store reflects the professionalism and the high standards they have set over the years.

Now only for sale after many years of trading as they wish to retire, this presents a sparkling chance for new owners to make their mark and become part of this thriving community on the outskirts of Cambridge.

The store is spacious, light, bright and airy, has plenty of parking and is the heart of the area.

If you are looking for a store that needs no money spending on it and is ready to go, this is for you!

THE BUSINESS ITSELF This highly profitable Post Office and CTN comes to the market offering a rare opportunity. With a turnover of nearly £400,000 pa and a P.O. salary over £50,000 this is a wonderful enterprise. Located in a densely populated suburb of Cambridge, next to a primary school, and linking the two major roads in and out of Cambridge there is much scope for extending the opening hours to boast trade. There are currently three paper rounds during the week and two on Sundays, again there is room to grow this side of the business. The shop provides top ups for gas and electricity. The National lottery, Health Lottery and dry cleaning are also available.

The post office operates as a mains branch offering a wide range of products and services which include foreign currency, banking and financial services. The business benefits from trade from the nearby industrial area and the airport with whom the owners have built up good relationships.

The vendors have perfected this shop over the years and it benefits from having a major upgrade in 2014. All their years experience has been crafted into making this one of the best CTN’s I have seen. The new owner will have no need to spend any money-it has all been done!

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