Post Office & Village Store In North Wales
Price:
Freehold - £209,950
Location:
Wales, Denbighshire, Cynwyd
Business Type:
Food Service Businesses, Retail businesses, Service Businesses
Preferred Commercial is pleased to offer for sale this old-established Post Office, which has been in our clients' hands since 2005 and is only now being placed on the market due to their wish to retire. The business has a Post Office salary of £11,450 and an annual turnover in the region of £194,668 with a gross profit of 21%. The store benefits from a monopoly trading position being the only shop in the village. We are advised that all fixtures and fittings and the EPOS system are included in the sale. There is scope to increase turnover by extending the opening hours, expanding the range of alcohol offered and there is the internal configuration for a greater product range. We are advised that the shop does not offer newspaper deliveries at present. The business is housed in a substantial freehold property, formerly 2 cottages, and was established in 1859. The Post Office benefits from 100% rural rates relief. The property has been well maintained and the front door and frame have recently been replaced at a cost of £1150. We feel this represents an ideal opportunity to acquire a popular and well-established business in such a picturesque village location. Early discussions with Preferred Commercial must come highly recommended.
Cynwyd Post Office and Village Store lies in the heart of this picturesque village on a prominent corner site. The Post Office is within a very short walk of the primary school and pre-school and boasts a high footfall and much regular trade. The village of Cynwyd is well known for the Ifor Williams trailer factory. The village lies approximately 2 miles south of Corwen on the B4401 Corwen to Bala road.
Mon - Tues: 6.30am - 5.30pm,
Wed: 6.30am - 7.00pm,
Thurs - Fri: 6.30am - 5.30pm,
Sat:
Substantial period property occupying a corner position. Briefly comprising:
Ground Floor
• Main entrance to shop and Post Office
• Open-plan retail sales area with National Lottery terminal, EPOS system, Post Office Pay Station, Eezicopy photo processing and copying unit, cigarette gantry, dairy refrigerator, double drinks chiller cabinet, confectionery display, 3 x display chest freezers, central product display area, upright chilled display (new), single position Post Office counter, shelving and racking to perimeter walls, tiled flooring, card display area, 2 x electronic weighing scales, hand sink and CCTV system
• Kitchen
• Store room
• Office/dining room
First Floor
• 2 x Double bedrooms
• Bathroom
• Single bedroom
• Lounge
External
• Rear yard
• Storage shed
• Single garage
• Free parking outside
North Yorkshire
£ 750,000
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