Convenience Stores for sale in Corby

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Imran Ahmed (Nov 2014)
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Freehold Price: £299,950 Price Reduced Turnover: £188,000 Gross Profit: £33,400
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Business Description
BUSINESS

Hilton Smythe are proud to introduce Gretton Sub Post Office and village store.  Established in the 1960’s and under the careful ownership of our clients for some 16 years, the business is well supported by the local community ensuring the sustainability of this profitable concern and genuinely comes to the market as our clients look towards a well deserved retirement.

The post office offers all the expected postal services with the only exception of passport checking.  The village store is very well stocked with a wide variety of merchandise including confectionary, dairy products, cards, wrapping paper, alcohol, soft drinks, groceries and cigarettes to name just a few.  The business also retails newspapers, an aspect of the business which could be developed into introducing delivery rounds to further increase revenue.

There is a large stock room offering the potential to extend the retail area and introduce additional stock lines if required, subject to planning permission.

The post office salary is £19,475 per annum.

Additionally, the business offers a stylish terraced cottage as owner’s accommodation, with three bedrooms and lovely private rear garden, perfect for a family.

Naturally, we would highly recommend viewing this rare blend of outstanding accommodation with a fantastic business opportunity in an idyllic village location.

LOCATION

The business is located in the leafy semi rural village of Gretton in stunning Northamptonshire countryside.  The village is set in Rockingham Forrest and overlooks the valley of River Welland and the neighbouring county of Rutland.

Gretton is close to Rockingham a short drive away which is a popular village and tourist destination and the town of Corby and Rockingham Motor speedway are also in close proximity.

Gretton Sub Post Office occupies a prominent position on High Street, the main thoroughfare through this lovely village serving the local community.

Gretton is noted for having the tallest church tower in Northamptonshire and the second oldest public house.  It is one of the few villages to retain its stocks and whipping post which can be found on the village green, buildings in the village date back as early as the 17th century built constructed from limestone adding to the attractiveness of this pretty village.

PREMISES

This terraced stone built premises briefly comprises:-

One position post office counter.

Retail area housing ice cream freezer, serve over chiller unit, small chest freezer, double door upright chiller, card display racks, newspaper and magazine racks, perimeter shelving to suit trade, shop counter with till, meat slicer, sweet display and cigarette gantry.

Rear store room full shelved with chest freezer, 2 fridge freezers and larder fridge.

The owner’s accommodation comprises of an open plan living/dining room with office area.  Large kitchen with ample work surfaces fully fitted modern units with integrated appliances and breakfast bar.  CCTV with 4 cameras.

To the first floor are three double bedrooms all with fitted wardrobes, family sized bathroom with shower over bath.

Externally there is a lovely rear garden laid to lawn, with mature planting and fencing around perimeter and split level patio area.

There is a shared access drive at the rear, with parking space and bin area.

TENURE

We are advised Freehold.

HOURS

The village store opens:-

Monday, Tuesday, Thursday and Friday 9.00am – 12.30pm and 1.30pm – 6.00pm

Wednesday 9.00am – 1.00pm

Saturday 9.00am – 12.30pm and 2.00pm – 6.00pm

Sunday 10.00am – 12 noon.

The post office opens:-

Monday, Tuesday, Thursday and Friday 9.00am – 12.30pm and 1.30pm – 5.30pm

Wednesday 9.00am – 1.00pm

Saturday 9.00am – 12.30pm

Sunday closed

STAFF

To be advised.

FINANCIAL PROFILE

This profitable concern reports a turnover of £188,000 per annum with reported gross profit at £33,400 per annum.

Tenure: Freehold

Listed by: Hilton Smythe
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