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Grand Avenue, Ely, CF5

Retail for rent

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£16,000
Per annum
SOA
Space

Post Office and Convenience Store with Off License newly available for Lease. This well-established business opportunity has an excellent turnover with supporting accounts and is situated in an ideal trading position immediately next door to a 'Greggs' the bakers. The ground floor is an excellent size, circa 1621 sqft.

This lease is available with vacant possession or as a going concern. Offers are invited for the business.

Rent £16,000.00 per annum.

Agency Fees Apply.

New Lease to be granted.

PARTICULARS:

GROUND FLOOR

The Ground Floor comprises a busy Post Office and convenience store with off-license serving the densely populated Ely area. As well as an extensive selection of commercial refrigerators, freezers, displays and shelving, etc., the store offers groceries, stationary, cards, lottery, paystation, and a 24 hour ATM. The Post Office has two counters and is situated to the rear of the convenience store. The is a further counter at the front of the retail area.

The auxiliary areas include a kitchenette, office room, staff W.C., and a well-proportioned rear garage.

Annual Combined Turnover for Post Office & Convenience Store circa £488,000.

Post Office Net of VAT circa £49,000. pa.

Convenience Store: Net of VAT circa £439,000.

Net profit: circa £75,000. (without wages).

MAY SELL FREEHOLD.

Call for further details.

Viewings

Call David's Homes to discuss terms and arrange a suitable viewing of the premises.

Please note

We understand the property is Freehold, though this must be verified by any interested parties' legal representative.

Listed Features

  • Convenience Store
  • General Retail
  • Kitchen
  • Office
  • Storage
  • Post Office
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