Post Offices for sale in Oldham

View the "Fitton Hill Sub Post Office Greater Manchester OL8 2PB" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Leasehold Price: £99,950 Turnover: £288,000 Gross Profit: £63,360
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Business Description
Business
Hilton Smythe welcomes to the market Fitton Hill Post Office.

The current owners have owned the business for 3 years, and are reluctantly selling due to other business interests.

The business has been trading as a post office for over 20 years, and has an excellent reputation in the area, seeing high levels of repeat trade from local residents.

The business operates from a substantial size modern unit, approximately 72sq m and has 3 post office counters and a main till for retail sales.

The retail side of the business sells lottery, tobacco, sweets, drinks, milk, groceries, greeting cards, magazines, newspapers and ice creams.

Early viewing is highly recommended.

Location
The business is superbly located in the centre of a large housing estate in Oldham, Greater Manchester, guaranteeing excellent footfall from all surrounding areas.

The shop is easily accessible and is close to the M60/M62 motorway network

The business benefits from ample parking in the vicinity.

Premises

Modern unit briefly comprising: -

Double doors into main shop area with post office kiosk to the left of the premises with 3 positions.

Main retail counter with epos till system.
Amble perimeter shelving.
Double open chiller unit
Single drinks chiller unit
Greeting card display
Central retail displays
Free to use cash machine

Large stock room and kitchen to the rear of the shop with a staff toilet.

The business also benefits from having full colour cctv, and a monitored burglar alarm.

There is a rear door to rear parking, with space for approximately ten vehicles.

Tenure
We are advised that the business is a leasehold opportunity, with 15 years left to run on an 18 year lease.

The rent is an extremely modest £333 per calendar month.

Hours
The business currently opens: -
Monday to Saturday 7.00am – 5.30pm
Sunday 7.00am – 12.30pm

Staff
The business is currently run by a full-time member of staff, 1 part time member of staff, and the two owners themselves.

Financial Profile
We are advised that the business is currently turning over approximately £6,000 retail per week, and has a healthy gross profit of 22%.

Post office salary at £24,000 per annum.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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13765 H
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