Post Offices for sale in Stanley

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  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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Freehold Price: £450,000 Annual Turnover: £250,000 Gross Profit: £55,000 Annual Net Profit: £11,000
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Business Description
Right In The Heart Of The Village
Annual Turnover £250,000
Post Office Salary £25,000
Substantial Property With 4 Bedroom Accommodation
Adjoining Cottage Available Via Separate Negotiations
A1 & A3 Planning Permission
Customer Seating for 22 in Cafe
EPC – E
Ref – 6238 – Post Office, Convenience Store and Cafe

Blacks Brokers are pleased to bring to the market this Post Office, convenience store and cafe in the much sought after area of Ilkeston, Derbyshire.

INTRODUCTION

Stanley Shop, Farmers Café & Post Office is a long established business trading on this site for many years. Our clients have owned it since 2011 building the cafe extension in September 2015. Stanley village has a population of just under 2000 people with approx 900 dwellings. This is an affluent area with a deep sense of community, tradition & village support for the shop, café & Post Office. It is also well supported by the surrounding villages.This would make an ideal family business for families looking for a life style change with the option of purchasing the cottage next door providing separate accommodation for family members or rental income.

LOCATION

Stanley is a village located roughly halfway between Derby and Ilkeston in Derbyshire. The business is located on the main road in the heart of this picturesque village. The shop has retained its traditional look & role and is independent (not tied into a symbol group). It is 6 miles from the city of Derby & 5 miles from the popular market town of Ilkeston and is the main thoroughfare for commuters to both destinations.
The village also has a traditional pub, village hall and numerous community groups.

REASON FOR SALE

This business and property is available due the Post Masters wish to retire. Thus creating a superb opportunity for new owners to build on and expand this solid business in a fantastic semi rural location. There is huge scope to increase cafe revenue & turnover with very little outlay.

BUILDING LAYOUT AND DESIGN

This building occupies a large footprint. The shop & cafe has traditional striking hand painted signage. The entrance door leads straight into the shop area which is well presented, clean, tidy & well stocked with an array of locally produced good, greetings cards, gifts as well as the must stock grocery & household essentials. The Post Office is a single point counter. To the left is the recently purpose built cafe which can seat up to 22 customers. It has a modern coffee machine, server counter, work station & hand wash basin. On the ground floor there is also a back room which doubles as an office, fully fitted kitchen, stock room and a garage / workshop (no access for vehicles). There is also a very generous loft space that could easily accommodate further rooms.

On the first floor there are 3 double bedrooms & one single, which is currently used as an office. Large kitchen / dinner with modern fully fitted kitchen. There is a good size lounge with lots of character & original exposed beams, modern bathroom, with walk in showers & handmade fitted floor to ceiling storage cupboards.

Currently on the first floor there is a doorway into the cottage next door as this is occupied by the owners elder mother. The adjoining cottage is offered for sale via separate negotiation. It is a two storey traditional terraced cottage benefiting from 2 bedrooms, bathroom lounge, dining room, kitchen, small cottage garden & block paved off road parking. This underwent a full program of modernisation in 2014 double glazing, new boilers & central heating system & full re-wired. The cottage will yield a rental income of £6,600 per annum or considerably more should you wish to offer it as a holiday let or bed & breakfast accommodation.

STAFF

Due to the current owners family commitments & caring responsibilities the shop & cafe has greater staffing than it would require under normal circumstances. Currently 7 staff in the shop & cafe 81 hours per week and 11 paper delivery boys & girls covering 7 paper rounds in Stanley & the surrounding villages.

FINANCIAL DETAILS

The business achieves an annual turnover of £250,000 with a gross profit of £55,000. There are multiple income streams available here with the Post Office salary at £25,000 per annum, Tobacco brings in £73,000 per annum and alcohol brings in £18,250. There is also National Lotto & scratch cards behind the shop counters. The cafe has an annual income of £109,500 which includes eat in and takeaway. There is also Health Lotto and Pay Station at the Post Office.

SUMMARY

This a great opportunity to purchase an independent freehold Post Office, village shop & convenience store and cafe with spacious four-bedroom accommodation in a very affluent area of Ilkeston. This business and property has masses of potential to develop and grow with very little outlay. Not only located in a busy, residential area but there is untapped potential here with scope to opening longer, introducing an online presence, deliveries, outside catering and a larger social media presence. Early viewings are advised, contact us today to book your viewing. Fixtures:
Post office counter

Till

Coffee Machine

2 Microwaves

Griddle

Grill

Tables and Chairs

2 Glass fronted fridges in shop

1 Glass fronted freezer display in shop

1 Chest freezer - store room

1 freezer (café kitchen)

1 Fridge (café kitchen)

Ham Slicer

2 built in ovens no hobs (1 in café kitchen 1 in middle room)

2 oven & hobs (1 café kitchen 1 accommodation kitchen)

2 Dishwashers (1 café kitchen 1 accommodation kitchen)

Also upstairs accommodation has large family bathroom with walk in shower & fitted storage cupboards, fully fitted kitchen with base & wall units 1 1/2 sink dishwasher electric oven & gas hob with extractor fan.

Wired in smoke alarms throughout the building
Trading Hours:
Shop & Cafe
Mon - Fri - 8am - 6pm
Sat - 8am - 5pm
Sun - 8am - 1pm

Post Office
Mon - Fri - 9am - 5.30pm
Sat - 9am - 12.30pm
Sun - Closed

Tenure: Freehold

Location Details: Stanley

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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6238
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