Post Office & General Store With Low Overheads
Price:
Leasehold - £45,000
Location:
South Yorkshire
Business Type:
Retail businesses
HISTORY
• The post office was originally founded over 30 years ago with the present vendor owning the business for 15 years
REASON FOR SALE
• The post office is only now being reluctantly offered for sale as the vendor wishes to retire
PRODUCTS
• This is a single position post office together with an attached general store
• As a general store, its focus is on supplying local school children who attend the nearby primary school and the older children who are picked up and dropped off right outside the post office
• It offers a large selection of confectionery, greetings cards and gift wrap, stationery, newspapers and magazines, soft drinks, ice cream and cigarettes and tobacco
• There are 5 morning only paper rounds for which she charges 80p per week for delivery
• The business has a large window display card advertising at a charge of 50p per card per week
• Cash machine commission amounts to circa £150 per month
• The post office salary is £17,633 per annum
CUSTOMERS
• Customers are almost exclusively drawn from the large nearby residential area
STRENGTHS
• An extremely well established post office and store which has been trading for over 30 years
• Good high visibility small parade location near a primary school, by a pick up point for a senior school and also surrounded by residential properties
• A low overhead business, in particular rent and rates which are only £5,031 per annum for them both combined
• Consistent shop takings of circa £2,100 - £2,200 per week, together with a post office salary of £17,633.
SCOPE
• Introduce additional product lines, especially those with locally sourced focus
• Additional opening hours, particularly in the evenings
• The business development activity is presently relatively limited.
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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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.
• The post office is located on a small parade set in the heart of a predominantly residential area of South Yorkshire
• Mon to Fri: 5.30am to 5.30pm
• Sat: 5.30am to 2pm
• Sun: 5.30am to 12noon
• Mid terraced ground floor lock up premises which briefly comprise:
• Side entry door into the shop
• Counter by door with rear cigarette gantry
• Single door cola chiller, ice cream freezer, magazine and newspaper display
• Cash machine
• Centre confectionery gondola
• Large greeting cards display
• Side wall shelving with stationery and confectionery
• Rear single position post office counter
• Storeroom
• W/C
• Kitchen and back exit
North Yorkshire
£ 750,000
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