Convenience Stores for sale in London

View the "Main Post Office on Busy High Street: East London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Colin Morley (October 2016)
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Leasehold Price: £290,000 Annual Turnover: £305,101
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Business Description
Main Post Office
Established many years
Post Office Remuneration £143,000
Convenience store sales £7,000 per week
Presently operates on six days a week
Considerable scope for increase
Rent £30,000 per annum
Genuine retirement sale

EM&F are delighted to offer a very profitable Main Post Office located on a busy High Street in East London.

In addition to the Post Office, the business has a convenience store and off licence with sales currently £7,000 per week with considerable scope to increase.

The business operates from an imposing corner position shop with modern Post Office shopfront to the main street. The shop is accessed by automatic sliding doors and inside we estimate the retail area to be around 1,500 square feet.

To the rear of the store are the three Post Office counters, accessed by a secure door whilst there is a small kitchen area, staff toilet and office behind the secure screens. Also in the secure area is a door to the large dry basement used for storage.

The convenience store has a modern feel, being divided by high adjustable shelving with a very high level of equipment including drinks coolers, open cooler displays etc. The floor is tiled and there is a suspended ceiling with inset fluorescent lighting.

The main retail counter is at the front of the shop, where there is also an open Post Office counter.

An early viewing is highly recommended to appreciate fully the income levels and potential of this business.

PRICE: £290,000 to include the benefit of the Lease, Goodwill, Fixtures, Fittings & Equipment, plus stock at valuation

This is a confidential sale and staff and customers are not aware that the business is being sold. Potential buyers are therefore requested to arrange viewings only through sole agent Everett Masson & Furby. 01908 904555.

Trading Hours:
Monday, Tuesday, Thursday and Friday 7:00am to 6:30pm. Wednesday and Saturday 7:00am to 7:30pm. Closed Sundays.

Number of Employees: 5

Tenure: Leasehold

Listed by: Everett Masson and Furby
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