Post Offices for sale in Paignton

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Post Office & General Store-Devon

Paignton, Devon, England

  • Leasehold Price: £65,000  Price Reduced arrow_drop_down
  • Annual Turnover: £1
Seller Reference: KBT46639
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Business Description
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Seller Reference: KBT46639
Request Details
Business Description
• P.O. commission in excess of £3,500 per month, other income £3,500 per week and both growing
• Sale to include all fixtures and fittings, excellent local trade, ideal location close to seafront.
• Large spacious freehold with potential to expand (subject to planning permission)

Ref 46639. Post Office and Premiere Stores located within Devon. Excellent lifestyle business complete with large lockup freehold premises. Excellent scope to add other lines and products. Post Office earns the following- Commission Salary Av £3,000 and growing, Convenience Store t/o Av £3,500 and growing. Leasehold and Freehold.

This is a perfect opportunity to purchase a newly refitted and well established post office and stores, set close to the seafront in Paignton, Devon.

Marldon Hill Post Office and Stores is a dedicated post office who supply all aspects of postal services, including car tax, currencies and a whole host of stationary and card services with year round trade. However, passport check and send is excluded. In addition, the store is associated with Premiere and was fully refitted out at a cost in excess of £35,000 only a year ago.

In addition to the post office the stores offer all aspects of conveniences for its ever growing trade and popularity within the local community.

Located along a small shopping parade within a semi rural location, this represents an ideal lifestyle opportunity for either an experienced postmaster or entry level candidate.

Marldon Hill Post Office and Stores is privately owned and operated by the vendors.

In addition to this the business boasts additional services, such as vehicle tax, travel services, including insurances and currency services and parcelforce, gifts, cards, banking and other paper associated products. In addition, there is scope for the shop to be expanded, due to the current large stock room.

The convenience store is licensed for alcohol and trades well since its total refit. In addition, the store sells a variety of frozen and fresh produce, tinned goods, cigarettes, cleaning products, national lottery sales and scratch cards, newspapers and magazines. There is also a huge demand in the area for newspaper deliveries, but the vendor has not done anything with this opportunity.

The current vendor purchased the business a year ago, having been previously built as an operational post office and store. The post office now offers 3 serving positions, 2 of which are fortress. The site has been known as a post office for over 80 years. The site has ample parking to the side of the store, which is on street free

Summary. Marldon Hill Post Office and Stores represents an ideal opportunity for a seasoned business owner to acquire a business in a unique position with excellent scope to develop further, it can also be considered as an excellent, profitable starter or first time business.

The business represents an ideal lifestyle and demand is expected to be high, therefore an early viewing is a must.

The business is currently owned by a limited company, however the sale will be a goodwill/asset sale and no limited company will be included within the sale.
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