Excellent protected post office and convenience store, with excellent scope to develop further
P.O. commission in excess of £25,000, store turnover in excess of £550,000, EBITDA in excess of £64,000
Sale to include all fixtures and fittings and assets with scope to expand, inc 2 bed accommodation
Viewing highly recommended
Ref;46428. Lucrative and thriving Post office and Convenience store with living accommodation or sub rental flat located within Falmouth in Cornwall. Shop is fully undergone a recent refurbishment with exceptional floor space. Well supported by local and tourists with all year round trade. Available freehold or leasehold.
This is a perfect opportunity to purchase an extremely profitable and expandable business with an excellent lifestyle accommodation in one of the regions most stunning coastlines.
Penwerris Post Office and store is part of the post office plus group, who supply all aspects of postal services, including mail, currencies and a whole host of stationary and card services with year round trade. In addition, this is a highly profitable Londis store with a recent refurbishment located within the town of Falmouth in Cornwall.
The post office serves the local community, and some major large employers in the area. The convenience store is amply supported by locals and the newly arising student population, in addition to the many tourists that visit Falmouth each year.
Falmouth is a central hub for cruise ships visiting the South West. Falmouth also boasts the National Maritime Museum and hosts the Cornwall Campus of the University of Exeter.
Included with the business is a 2 bedroom self contained apartment located above the store. This is currently the owners accommodation, however, if not required could be utilised as a holiday let generating up to £750 per week in the height of the season. This represents an ideal lifestyle opportunity for either an experienced or entry level candidate.
The stores are connected to Londis by name only as they are not tied to them and offer a full range of convenience goods, including food products, meats, fresh vegetables, sandwiches and snacks, as well as a large quantity of household products and pet foods.
Additionally, the store provides a well stocked off licence section and has an internal cash machine.
The main store area covers in excess of 1,000 sq ft and is in excellent order.
The current vendors purchased the business in 1997. The post office now offers 2 serving positions, both of which are open counter. The site has ample parking to the front and side of
Summary. Penwerriss Post Office and Store represents an ideal opportunity for a seasoned business owner to acquire a business in a unique position with excellent scope to develop further, it can also be considered as an excellent, profitable starter or first time business.
The business represents an ideal lifestyle and demand is expected to be high, therefore an early viewing is a must.
Is accommodation included?: