Post Offices for sale in Kendal

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Leasehold Price: £49,950 Turnover: £142,000 Gross Profit: £55,200
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Business Description
BUSINESS
Hilton Smythe are proud to introduce to the market the Oxenholme Store, which incorporates a Post Office within the business, perfectly located in a delightful residential area. Oxenholme Store is the hub of the community and offers a lovely, friendly atmosphere. It is understandably a very reluctant sale by the current owner.

Oxenholme Store offers it’s multitude of customers an exceptional wide selection of products  including sweets, cards, confectionery, ice cream, groceries, newspapers, fresh vegetables alcohol, and cigarettes to name but a few.

The Oxenholme Store also provides a photocopier service and sales of the National Lottery.

LOCATION
Oxenholme is a charming village set just south of the stunning town of Kendal.  It is best known for the Oxenholme Lake District railway station, on the West Coast Main Line.

The village of Oxenholme is accessed via excellent links to the national motorway network from the M6.

Travelling from Oxenholme via the reliable train service, it is only a five minute journey to the visually stunning Lake Windermere.

PREMISES
The Oxenholme Store premises were refurbished approximately three years ago and are exceptionally well presented combining spacious retail and display areas along with, plentiful shelving. There is a single counter which services the store and the Post Office.

Housed within the store are two display fridges, a freezer, an ice cream freezer, a fridge displaying alcohol, a cigarette display cabinet, coffee machine, a pie warmer, scales, a Coca Cola drinks fridge , microwave and display units.

At the rear of the premises lies a store room, toilet, office, walk in strong room (housing two safes) and a double garage which is currently used as a store room.

The premises benefit from a two bedroom flat above the store. The flat is presently rented out by the current owner, it is estimated a rental of £600 p.c.m. should easily be achieved, alternatively, the flat could of course be used for the owners own accommodation  Access to the flat offers flexibility having both internal and external entrances.

The premises are alarmed, a sophisticated CCTV system with eight cameras is also installed.

To the side of the property lies a good sized mature garden, there is an outside seating area, especially popular on warm sunny days.

 On inspection you readily appreciate how well presented the Oxenholme Store presents itself

TENURE
We are advised Oxenholme Store is a leasehold business, currently with 7 years remaining on a 10 year lease.

Rent currently stands at £14,500 p.a., reviewed annually.

We are advised the current owner is open to negotiation regarding selling the freehold

HOURS
The current owner has observed the following opening hours:

Monday to Saturday 7 a.m. – 7 p.m.(including Post Office)

Sunday  8.00 a.m.  – 12.00p.m.

STAFF
The Business is currently run by the owner and his daughter.

FINANCIAL PROFILE
The business reports a turnover of circa. £140,000 p.a. (increasing yearly)

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Fixtures and Fitting are valued at £15,000.



Tenure: Leasehold

Listed by: Hilton Smythe
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