Post Offices for sale in Leicester

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Adam Warren (Jan 2017)
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Leasehold Price: £155,000 Annual Turnover: £156,000 Gross Profit: £98,000 Annual Net Profit: £24,000
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Business Description
Busy Main Road Location
A1 & A5 Licence In Place
Annual Turnover £156,000
Gross Profit £98,000
Turnover Includes Stationery & Sandwich Shop
Post Office Salary £75,000 Per Annum
Car Park Available for 15 Vehicles
Ran Under Management
EPC - C
6270 - Busy Sandwich Bar & Post Office

Blacks Brokers are pleased to bring to the market this leasehold sandwich bar and post office in the much sought after location of Leicester, Leicestershire.

INTRODUCTION

Leicester Forest East Post Office is situated in the thriving residential area of Leicester Forest East on the outskirts of Leicester. This busy location ensures that the post office commissions are robust at approx £75,000 per annum. These are achieved through a 4 position post office counter.

LOCATION

Leicester is a city in England’s East Midlands region. The businesses location is on the junction of the busy A47 Hinkley Road and Holmfield Avenue West. This puts it within proximity of many of the areas amenities including the Forest House Medical Centre and the Meynell’s Gorse Park and Ride. Furthermore, The surrounding area is a good mix of mainly private housing providing a substantial customer base for the Post Office.

REASON FOR SALE

This opportunity is available due our client’s wish to pursue other business interests creating this superb opportunity for a new owner.

LEASE

The building is available on a FRI (Full Repair and Insure) lease which began in 2015 and is a 15 year lease. The rent is £384 per week. There is a break in the lease December 2018.

BUILDING LAYOUT AND DESIGN

The Post Office and sandwich shop, which is signposted Postie and Toastie, has its own car park for approximately 15 vehicles. The single storey commercial property is shared between our Vendors and an Estate Agency Business.

There is a 4 position Post Office counter and is supported by shelving units selling mainly stationery items.

At 90 degrees to the counter the sandwich bar is located supported by a small kitchen area to the rear. Additonally there is an admin office and staff toilets.

STAFF

Leicester Forest East Post Office employs 3 staff in the cafe and 3 staff in the post office. There is management in place as the vendors have a hands off role within the business.

FINANCIAL DETAILS

Leicester Forest East Post Office achieves an annual turnover of £156,000 and a gross profit of £98,000. The Post Office Income is supplemented by shops sales which consist mainly of stationery, and the sandwich bar. The Sandwich Bar was opened approximately two years ago and sales are growing. Currently these stand of approximately £500 a week, with stationary sales being a further £1,000 per week.

SUMMARY

This fantastic business is a superb opportunity for any new owner to take advantage of the already strong trading foundations. A new owner could increase the turnover by introducing a seating area inside for customers and developing the hot food trade. There is also potential for a delivery service to be introduced. Early viewings are advised. Fixtures:
PO counters

Electronic till x1

Shelving units

Grill

Griddle

Microwave

Bain marie

Fridges

Freezers

CCTV
Trading Hours:
Mon - Fri - 8am - 17.30pm
Sat - 8am - 2.30pm
Sun - Closed

Tenure: Leasehold

Location Details: Leicester

Leasehold Term: Rent: £384 Per Week

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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6270
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