DUDLEY - Post Office/Newsagents Well Established W/T £5,000, N/s £1,500,

This is an opportunity to acquire a freehold Newsagents, general store and Post Office which includes two self contained flats above and situated in a residential area of Dudley. The business is located on the busy Stourbridge Road (A461) and a short distance from its junction with Highgate Road A4036. There are several businesses nearby including The Old Coach & Horses public house. There is a primary and a secondary school in the area.

This vibrant successful business was bought by the owners in 1985 and they are now seeking to retire. The shop enjoys weekly sales of £5,000 with a gross profit of 21% plus a post Office salary of £49,000 per annum. The flats are let at £131 per week each. There may also be scope to open for longer hours i.e. during the evenings and to capitalise on potential alcohol sales. Please see details of current opening hours detailed below.

The shop was well stocked at the time of our visit and sells a range of general items and has a dairy fridge. It sells newspapers and magazines, drinks, confectionery and tobacco, cards and gift wrap. The business has three morning news rounds and seven afternoon rounds with a weekly news bill of approximately £1,500. The Post Office generates cross sales and there is also a cash dispenser.

This is a successful shop with several income streams. Blacks recommend early viewing of the Holly Hall News to fully appreciate the business and property as well as the added potential for a new owner.