Post Office & General Store With Potential
Price:
Leasehold - £70,000
Business Type:
Retail businesses
HISTORY
• The post office has been established for over 50 years & with the current vendor for over 6 years
REASON FOR SALE
• The business is only now being reluctantly offered for sale to enable the vendor to look after her ill parents
PRODUCTS
• Stationery
• Greetings cards and gift wrap
• Cigarettes and tobacco
• Confectionery
• Toys
• Newspapers and magazines
• Ice cream
• General household goods
• Soft drinks
CUSTOMERS
• The customers are drawn from the local residential housing estates
and from the large primary school which is virtually on the door step
SERVICES
• The post office has a single position counter
• Lottery is approx £2,500 per week, the commission of which belongs to the post office
STRENGTHS
• Superb location in a busy and densely populated urban community
• Close to a very large primary school
• Very well established business which has been trading for over 50 years
• Demonstrable weekly takings of circa £8,500
• A low overhead business in particular rent and rates which are only circa £6,000 per annum for them both combined
SCOPE
• A full time working owner would save considerably on staff wages
• Photocopying
• Faxing
• Offer ready made sandwiches
• Install a bake ‘n’ bite oven
• Have additional newspaper rounds
FINANCIALS
• Annual turnover £440,908
• Post office Salary: £30,000
• Net Profit: circa £36,600
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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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.
• Leasehold
• Original Lease 15 years
• Remaining: 2 years
• Review every: 5 years
• Rent: £5,200 per annum
• Rates: £800 per annum
• Weekdays 6am to 5.30pm
• Saturday 6am to 4.30pm
• Sunday 6am to 12pm
• A ground floor mid terraced lock up premises which briefly comprise:
• Side entry door into the shop
• Large newspaper and magazine rack
• Twin door soft drinks chiller
• Ice cream chest freezer
• Central positioned gantry with large penny sweet and confectionery display
• Greetings card display
• Gift wrap, stationery, general household items
• Rear serving counter with lottery terminal
• Single position post office counter
• Cigarette gantry
• Through to small kitchen area, w/c and back exit to car park and single garage for storage
• The business is fully alarmed and has a 3 camera CCTV system
North Yorkshire
£ 750,000
|
|
Business Services that may be of Interest:
|
|
|