POST OFFICE AND GENERAL CONVENIENCE STORE - LANCASHIRE
Price:
Leasehold - £99,000
Location:
Lancashire , Oldham
Business Type:
Retail businesses
POST OFFICE AND GENERAL CONVENIENCE STORE - LANCASHIRE
Substantial open plan retail unit with low rent of £3,600
Advised turnover £238,583 with good gross profits
Situated in the residential area of Fitton Hill
Early viewing strongly recommended
Multiple income source business
Established for over 50 years
Post Office salary of £34,000
Honey pot trading location
LEASEHOLD
Business History
Meridian Business Sales are delighted to offer to the market this Post Office and general convenience store which has been established for over 50 years and has been in the capable hands of our client for the previous 21 years. The only reason this opportunity is being offered to the market is due to our client's desire to take a well deserved retirement. Since owning the business our client has built up a wonderful reputation and has established the business as a vital part of the local community. We are advised of an annual shop turnover of £238,583 with good gross profits which is derived from the sale of general goods, tobacco, newspapers, National Lottery ticket sales, Pay Station, ATM machine revenue in addition to a very respectable Post Office salary of £34,000. The business is surrounded by high density housing and benefits from a high percentage of repeat and regular customers providing a true honey pot trading location. The business is now run at a pace to suit our client's lifestyle providing great scope for an increase on turnover with the addition of longer trading hours and the addition of other product services such as alcohol or sandwich sales. This is a fabulous opportunity to purchase a long established and thriving business with great potential to increase turnover and as such early viewing is strongly recommended as businesses of this calibre are rarely made available to the market.
This outstanding Post Office and general convenience store is located in a busy shopping parade in the Fitton Hill district of Oldham. It is surrounded by high density housing providing a true honey pot trading location ideal for a business of this nature. Oldham is a large town and lies approximately 5.3 miles to the south- south east of Rochdale and 6.9 miles to the north east of nearby Manchester. Now the town is mainly residential and is best known for its performing arts and the exploits of the local football team Oldham Athletic. The Fitton Hill area of Oldham is reached easily via the A627. The area has excellent road links providing easy access to both the M60 and M62 which provide further access to the UK's wider motorway network.
Leasehold
New 15 year lease
Rent levels and service charges to be agreed
Monday: 7:00am - 5:30pm
Tuesday: 7:00am - 5:30pm
Wednesday: 7:00am - 5:30pm
Thursday: 7:00am - 5:
Substantial end terraced leasehold commercial unit built Circa.1960, surrounded by high density housing in a local shopping parade, electronic security shutter system, alarmed with CCTV throughout, briefly comprising:
Ground Floor
Secure entrance leading to spacious open plan retail unit with 4 position Post Office counter, computerised EPOS sales system, card and stationary wall display units, 3 x branded drinks display chillers, large newspaper and magazine display, chilled goods display refrigerator, Prestige air conditioning refrigeration unit (currently rented), large confectionary display, large service counters with cash register and PDQ machine.
Behind counter tobacco sales, access to stock room, walk through access to staff facilities with toilet and rear access to secure rear entrance.
External
Free parking to front of store, external secure parking via lockable gates, full electronic secure shutter system all fully alarmed.
North Yorkshire
£ 750,000
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