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CHARACTER POST OFFICE, GENERAL STORE AND TEAROOMS

Price:
Freehold - £674,950
Seller Ref:
2754
Location:

Wales

Business Type:

Food Service Businesses, Retail businesses

See Other:
Tea rooms for sale in Wales
General stores for sale in Wales
Post offices for sale in Wales
Food service businesses for sale in Wales
Retail businesses for sale in Wales
Description:
THE BUSINESS:
CHARACTER POST OFFICE, GENERAL STORE AND TEAROOMS
Advised annual turnover of £300,000 with a Post Office salary of £18,000
Fully operational tearooms (currently not trading)
Separate 3 bedroom owners’ accommodation
Well presented and maintained throughout
Situated in the rural village of Hanllan
Scope for further development
High amount of repeat custom
Full walk-in condition
FREEHOLD


Business History
Meridian Business Sales are delighted to offer to the market this superb Post office, store and tearooms which has been established for many years and has been in the careful hands of our clients since 2004. Our clients are reluctantly offering the business to the market due to our clients’ unfortunate ill health and desire to take well deserved retirement. Since our clients took ownership of the business they have undertaken a full programme of refurbishment and continually developed and improved the business, introducing new lines and income streams which has enhanced the business massively and in particular shows in the year on year increase in turnover and profitability. Our clients inform us that annual turnover currently runs at £300,000 with a gross profit margin of 26% which is derived from the sale of general store/convenience style goods. In addition to the retail sales, the business has a Post Office salary of £18,000 per annum. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.
Location Details:
This character Post Office, store and tearooms is located in the popular rural village of Henllan, situated approximately 2.5 miles from the town of Denbigh providing a wide range of shops and facilities catering for most daily needs including major banks, supermarkets and leisure centre. The village provides a renowned village Inn, primary school and church. The area is within easy access of the A55 Expressway at St Asaph which provides excellent links along the North Wales coast, towards Chester and the motorway network beyond.
Accommodation:
Character property maintaining original features, briefly comprising of: Post Office & General Store Secure entrance into approx 500 sq ft retail area with wall fixed and free standing shelving and racking, drinks fridge, newspaper/magazine displays, cash machine, alcohol, sweets, convenience style goods, stationary displays etc. Chilled serve over counter for cheese, pies, pasties etc, payment counter with EPOS system, cash register and cigarette display and Post Office counter(s). Storeroom Tearooms Secure entrance into open plan tearooms, briefly comprising of: 28 cover dining area with traditional tables and chairs, payment counter with cash register. Rear kitchen with oven, stove, extraction unit, grill, stainless steel preparation area and wash basin. Owners’ accommodation Separate accommodation with private entrance, briefly comprising of: Cloakroom Dining room Lounge Kitchen 3x double bedrooms Large bathroom External Car pa
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