Convenience Stores for sale in Middlesbrough

View the "Traditional Post Office & Village Store" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I love your website – you saved me so much time with my search. I've now bought a restaurant. 

Imran Ahmed (Nov 2014)
View More
Leasehold Price: £39,950 Price Reduced Sale Agreed Turnover: £60,965 Gross Profit: £15,241
Request Details
Business Description
BUSINESS
Hilton Smythe is delighted to welcome to the market Great Broughton Post Office. Our client first took over the village store in 2005. This is a great post office that thrives from the local trade. The owner is now looking to sell the business due to the desire to focus on other business interests.

The business is run as a traditional post office offering a range of services. They also sell a generous amount of convenience items and newspapers. For most houses in the area, this is the closest store and so sales are high.

The business is currently generating an advised turnover of around £60,695 per annum with a gross profit of 25%. There is also a post office salary of around £18,800 per annum. This is great for a village store, however, we feel this could be increased. One way to boost turnover would be to expand the range of products sold in the store. A newspaper delivery round would also be a great plus for the business.

This business is well-supported in the community, as it is the only store in the village. The business has been established for many years and is due to undergo a refurb in June 2016. With a new layout there could be potential to increase the stock levels.

This post office is a fantastic opportunity for a husband and wife team, looking for a change of lifestyle from the hustle and bustle of city life. We are advised the new owners will be highly welcomed by the locals. Hilton Smythe advise early viewing to avoid disappointment.

LOCATION
Great Broughton Post Office is located in Great Broughton, Middlesbrough, North Yorkshire.

The business is the end premise, on a row of terraced houses. The business is located on the main high street in the village. The area is mostly houses, however there is a hair dressers next door and a pub directly facing. Outside the store there is on street parking, allowing for customers to easily call into the store. The business, however, receives most trade from locals within the vicinity.

The post office is located on the main road that runs through the village. This allows for custom from passing trade. The road runs from the A172 through the North York National Parks to the A170, which is on the other side close to Scarborough.

The business is approximately 20 minutes away from Middlesbrough, which is an easy drive using the A172.

PREMISES
The business is situated in an end terrace property. The premise is well-presented with a seating area at the front.

On entrance is the main post office counter, which is brick built. The property is perfect for the trade as it gives the feel of a traditional village post office. There are several shelves and racks across the side of the premise for advertising stock. Next to the post office counter is the shop counter, which has further display products on the top.

Equipment includes-

Till

Display units

Racks

Shelves

Fridges

Chest freezer

Card stand

Through to the rear of the premise is a store room and kitchen which are great sizes. There is also a toilet.

We are advised that the shop is having a full refurb in June 2016, this is to include new flooring. The premise comes fully alarmed.

TENURE
We are advised the business is Leasehold.

New lease available

Rent: £400  per month

HOURS
The business is open-

Monday: 9:30am – 1:30pm

Tuesday: 9:30am – 1:30pm

Wednesday: 9:30am – 12:30pm

Thursday: 9:30am – 1:30pm

Friday: 9am – 5:30pm

Saturday: 9am – 12:30pm

Sunday: 8:30am – 11:30am

STAFF
The business is run and managed by our client with the help of 1 part time member of staff.

FINANCIAL PROFILE
The business generates a turnover in the region of £60,695 per annum.

With a gross profit of around 25%

Post office salary £18,800 per annum.


Tenure: Leasehold

Listed by: Hilton Smythe
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

12369
Seller Reference:
Bookmark and Share
You May Also Like...
loading...