Post Offices for sale in Redruth

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Convenience Store and Post Office- Cornwall

Redruth, Cornwall, England

  • Freehold Price: £470,000  Price Reduced arrow_drop_down
  • Annual Turnover: £581,000
Seller Reference: KBT47655
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Business Description
 
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Seller Reference: KBT47655
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Business Description
• Profitable & busy convenience store and protected Post Office based in Cornwall surrounded by residential properties.
• Turnover 2019 excess £449k and growing, Plus PO commissions 23k and growing
• 3-bedroom owners’ accommodation
• Located on a busy main route, scope to expand.

Ref 47655 Profitable Freehold Convenience Store and post office in prime location on a busy route in Cornwall. Turnover for year end 2019 in excess of £449,000 and growing, plus post office commission excess £23,000 with potential to increase. 3 Bedroom owners’ accommodation, Disabled access and protected status.

An ideal opportunity to acquire a Post Office and Store located in Cornwall.

Located in the centre of the community on a busy through road, the store is ideally located to supply the local area and has a large and growing customer base.

The front of the store has on road parking for many vehicles, making it ideal for traffic passing by to stop.

The store and post office consist of a detached property with owner’s accommodation to the first Floor. In addition, the old sorting office to the rear, which is now closed, could be converted into a studio flat (subject to planning permission) which could generate an additional income.

The ground floor hosts the store of approximately 1200 sq feet and has accommodation above. The store is bright and modern with an additional rear room which could be utilised to increase the store size.

The store has stunning semi-rural views, and is available upon a freehold basis with a property guide of 250k to 275k.

The business supplies locals and passers-by with all aspects of general convenience goods including cigarettes, medicines, lottery, paypoint, general hardware, pet foods, newspapers and magazines.

The business currently runs two news rounds, with scope for additional ones.

The store also sells alcohol, general DIY products, coal and logs in winter and is known for its offerings of hot and cold food and drinks.

Additionally, the store holds a large stock of general motoring accessories which is a very popular side-line to the mainstream business.

The business are also agents for bottled calor gas, (Ideal for the local campsites) in all sizes.

The post office is located to the rear of the store and offers one fortress counter and is protected by rural status. The vendor currently receives in excess of 23k per annum from the post office.

The store is currently run by the vendors and up to two part time staff members. It is only being offered due to retirement.

Summary. The Post Office and store is a delightful business that is ideally located and supported by the communities within the vicinity.

The business offers a lifestyle change to new owners, while still offering scope to
the seasoned operator, a large threebedroom owners’ accommodation, and a building with potential to become a studio apartment or small holiday let.

Viewing is essential to fully appreciate the quality of the store and accommodation with excellent potential for additional income streams.

For more information or to make an appointment to view, call 01772 775775 or email sales@Kingsbt.co.uk

Viewing – no direct approach may be made to the vendors, staff or suppliers. Looking for a good Solicitor, Accountant or some sound Financial Advice? Need a competitive commercial loan?

Visit www.businessbuyers.co.uk for details of our recommended professional advisors.

Disclaimer – these sales particulars have been prepared as a general guide & do not form part of a contract. We have not carried out a detailed survey nor tested the services, appliances & specific fittings. Dimensions, where given, are approximate & should be verified by the intending purchasers. Fixtures & fittings are subject to inventory.
Kings Business Transfer is a trading division of the Altius Group Registered office: Tustin Court, Unit 1, First Floor,Po
Tenure:
Freehold
Is accommodation included?:
Yes
Listed by:
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