Freehold Village Post Office Offering Superb Lifestyle Opportunity

Price:

Freehold - £220,000

Turnover:

Seller Ref:

9714NR

Location:

Norfolk

Business Type:

Retail businesses

See Other:

General stores for sale in Norfolk
Post offices for sale in Norfolk
Retail businesses for sale in Norfolk

Description:

THE BUSINESS:

HISTORY

• Established as a Post Office in the 1980s
• Purchased by vendors in 2003
• Subject to a substantial refurbishment in 2004
• Ongoing programme of maintenance to property which is in excellent order throughout

REASON FOR SALE

• Retirement

PRODUCTS

• Stationery
• Newspapers and magazines
• General groceries
• Fruit and vegetables
• Frozen foods
• Alcohol
• Cards
• Confectionary, sweets and ice creams

SERVICES

• Post Office counter service covering most services (not vehicle licences)
• Full Parcelforce agent
• Dry cleaning agency
• Photocopying

CUSTOMERS

• Villagers and locals
• Local businesses
• Very much at the heart of the community

SUPPLIERS

• Wide range of local wholesalers
• Products sourced locally wherever possible

STRENGTHS

• Established business with benefit of regular Post Office salary
• At the very heart of the community and well supported
• Modern and well maintained requiring no investment beyond consideration price
• Reliable financial performance

SCOPE

• Sunday and evening opening
• Introduction of newspaper round
• Introduction of additional product lines
• Community activities

FINANCIALS

• Turnover 2010 circa £47,250
• Turnover 2009 circa £48,756
• Gross Profit Margin 23%
• Post Office Salary circa £16,000 per annum

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Location Details:

• Located in a delightful and thriving Norfolk village, south of Norwich • In the heart of a main residential area, and within a mile of the A140 trunk road • Ample customer parking to the front of the building • Close to mainline stations to London and to Norwich International Airport

Trading Hours:

• Mon to Fri 8am to 5.30pm (1pm Wednesday) • Saturday 8am to 12.30pm

Accommodation:

PREMISES • A detached bungalow and village Post Office maintained to an excellent standard inside and out Shop • 1 open counter position (part of a combined counter) • Racking and shelving throughout appropriate to trade • 3 refrigerators • 1 Freezer • 1 Ice cream freezer • Office • Secure room • Photocopier • Gravelled customer parking to front Bungalow • Entrance lobby • Kitchen • Lounge /dining room with multi-fuel stove • Bathroom • Double bedroom with fitted wardrobes • Delightful garden • Storage shed to rear