SUPERB POST OFFICE AND RETAIL OUTLET

Price:

Leasehold - £160,000

Seller Ref:

2125

Location:

Derbyshire

Business Type:

Retail businesses

See Other:

General stores for sale in Derbyshire
Post offices for sale in Derbyshire
Retail businesses for sale in Derbyshire

Description:

THE BUSINESS:

SUPERB POST OFFICE AND RETAIL OUTLET - DERBYSHIRE
£85,000 Post Office salary with huge growth potential on retail
Refurbished Post Office with quality displays and 4 counters
Loyal local custom plus high numbers of passing trade
Main street location in desirable Spondon
Early viewing highly recommended
LEASEHOLD

Business History

Meridian Business Sales are delighted to offer to the market this well established Post Office which has been in the careful hands of our clients since 2007. The only reason the business is now being offered to the market is due to our clients personal circumstances. Since our clients took over the business they have fully renovated the trading area of the Post Office to the ground floor to a quality that provides the new owners a true walk-in and trade business. Our clients inform us that the current turnover of the retail side is £10,911 pa with a £6188pa gross margin with a Post Office salary of £86,532 pa. The retail turnover is derived from the sale of greeting cards, stationery items plus the full Post Office service to include car tax & Bureau De Change. The business enjoys a strong reputation within the local community and as such has a high level of loyalty and repeat trade. Meridian Business Sales recommends early viewing on this business so as to fully appreciate the quality and growth potential for the new owners.

Location Details:

This well established Post Office and retail outlet is located on the main through road in the village of Spondon, Derbyshire. Spondon is a popular and upmarket residential area with a good mix of properties from period to modern affordable. Spondon has a good local community feel coupled with good schools and recreational facilities. The Post Office is ideally located at the heart of the village in a row of other complimentary retailers to include newsagents and a supermarket. The business also enjoys a monopoly trade as the nearest competition is some 6 miles away in either direction. The location of the Post Office ensures that it receives high levels of local plus passing trade as Spondon is served by the main A61 and A52 trunk roads. The area has strong road and rail links with mainline trains running from nearby Derby.

Lease Terms:

Leasehold Original length: 25 years Remaining: 22 years Review: 5 years Rent: £11,000pa

Accommodation:

Well presented and maintained terraced property with ground trading area briefly comprising; GROUND FLOOR Main entrance leading to an open plan retail area with display stands for greetings cards plus shelving and slat walling. Fully fitted Post Office counter with 4 stations, main sales desk with display and full Epos system cash register, carpet tiled flooring, halogen lighting. Full display stands for greetings cards and stationery, toilet and kitchenette, display shelving for stationery items, photocopier, cash machine to outside wall and rear store room and office. EXTERNAL Large free car park to the front of the business.