Village Newsagent/General Stores and Sub-Post Office in pleasant area in the Peak District. Attractive detached property with 4 bedrooms, 2 reception rooms, modern bathroom and 2 w.c.s. Full gas fired central heating. Lawned garden. Takings: £2400 per week, plus Post Office salary £12 000. Price: £108 000.
Reg is very interested and he andhis wife Lynne are even more keen when they view the property. He decides to sell his own house for £68 000 and to use his redundancy money of £20 000 to purchase the post office/newsagents. He decides to see his bank manager, who agrees to advance him the remaining £20 000 over fifteen years.
Reg makes an offer of £108 000, which is accepted ‘subject to contract’ by the sellers, Mr and Mrs Reaney.
KeywordsEdale Road British Broadcasting Corporation Lucrative Business Peak District Ordinary Share
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