Post Offices for sale in Beverley

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Busy Village Post Office and General Store

Beverley, East Yorkshire, England

  • Leasehold Price: £39,950  Price Reduced arrow_drop_down
  • Under Offer
  • Turnover: £242,409
  • Gross Profit: £52,007
Seller Reference: 2559 F
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Business Description
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Seller Reference: 2559 F
Request Details
Business Description
Hilton Smythe is delighted to offer this well established, thriving and profitable Post Office & General store to the market. Established since 1980 and owned by our client since 1997, the business available to purchase due to our clients wish to retire.

Our client has built up an enviable reputation over the years and as such the business benefits from much repeat local trade in both the Post Office and Convenience Store aspect.

In addition to the expected Post Office services, the business generates a healthy turnover by the retailing of many general convenience items such as groceries, confectionery, greetings cards, frozen foods, newspapers, magazines, cigarettes and alcohol. The business also offers both National Lottery and The Heath Lottery services.

The post office and store is very well laid out with products clearly displayed and benefits from brand new flooring and low energy lighting and has been recently decorated to a good standard.

Trade could be further improved by the introduction of longer opening hours.

This is a truly rare opportunity to acquire a flawless, turn-key concern and therefore early viewing must come highly recommended.

Tickton Post Office & General Store is located in the idyllic village of Tickton, near Beverley, East Yorkshire.

The business is centrally located on Main Street within the village and enjoys its prominent trading position with other nearby amenities such as a primary school, a hotel and a public house in the vicinity.

Free street parking immediately at the front of the premises enhances passing trade. Tickton is located approximately two miles away from the larger town of Beverley which is easily accessible from York and Hull via the A1709.

The business occupies a well fitted and spacious double fronted ground-floor retail premises.

To the front of the premises is the retail area complete with serving counter, shelving, display racks, coolers, 4 freezers, till system, air conditioning and a cash machine, with a separate Post Office counter to the rear.

The premises are generally well maintained and aesthetically pleasing.

The business is offered for sale on a leasehold basis, with the terms of a lease to be negotiated and agreed with our client

Rent is £11,000 per annum.

The business currently observes the following opening times:

Shop: Monday –Friday 6.30am – 8pm, Saturday 6.30am – 8pm, Sunday 7.30am – 4.00pm
Post Office: Monday – Friday 9am – 5.30pm, Saturday 9am – 12.30pm

The business is currently managed and operated by our client, with the assistance of 5 paper delivery boys/girls

Financial Profile
The business generated a turnover in 2017 of around £240,000, with a gross profit of 21%.
The Post Office salary was circa £23,000, this is included in the turnover.

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