Post Offices for sale in Essex

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Post office and Convenience Store - Essex

Essex, England

  • Leasehold Price: £195,000
Seller Reference: 48561
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Business Description
 
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Seller Reference: 48561
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Business Description
Main post office and Newsagent/cards
Retail income c. £4,000 per week plus P/O of c. £94,000 per annum
Owner run and managed with staff
Prime position in busy location

Post office located in grounds of major retail car park. Situated in residential town close to the A12. Complete refurbishment in 2014 as part of the transformation to a main post office. Annual income c. £300,000 which includes a post office salary of c. £94,000 per annum. Potential to open longer hours. Leasehold ref :48561

Summary
An ideal opportunity for an energetic, hands on operator who can build upon the reputation the business has within the area which has been gained over many years. Whilst profitable under the current ownership there is still genuine growth potential for any new operator by opening longer hours.

A viewing is highly recommended to fully appreciate the excellent location and overall business opportunity.
Tenure:
Leasehold
Leasehold Term:
We are advised that the property is held on a 10 year lease which commenced in 2015. The annual rent is approx. £11,000 exclusive (correct as advised on 23.06.2021) which is payable to Tesco. Rent reviews are at 5 yearly intervals.
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