Post Offices for sale in Newton Abbot

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Post Office- Newton Abbot, Devon

Newton Abbot, Devon, England

  • Leasehold Price: £75,000
  • Annual Turnover: £253,393
Seller Reference: KBT48334
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Business Description
 
 
 
 
 
 
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Seller Reference: KBT48334
Request Details
Business Description
• Located within a busy parade in a densley populated residential area
• Post Office local plus income £35,000 a year. Retail Trade 253,393 (EXCL. VAT).
• External post office ATM, CCTV, LED Lightings, EPOS.
• Lease with 5 years remaining and a rent of only £6,000 a year.

Busy and profitable Post Office Local, Newsagents and Convenience Store in a prime location in a busy residential area in a Market Town in Devon. Annual retail turnover of £253,393 (Excluding VAT), Post Office Plus income of £35,000 per year. Leasehold lock-up shop with excellent terms.

Buckland Post Office is located within a small parade of shops in Newton Abbot which is a Market Town in the Teignbridge District of Devon. Towns close by include Teignmouth and the very popular destination of Torquay on the English Riviera. Newton Abbot is well linked with the A380 and A38.

Buckland Post Office and Newsagents has been owned and managed by its current owner since 2016 and they have now decided to sell so that they relocate to the southeast and be closer to their family. The business trades successfully as a Post Office Local Plus with additional retail trade from a traditional Newsagents, Off Licence, cold drinks, cards, stationery, confectionery and tobacco with some essential groceries. Externally there is a Post Office ATM and ample free customer parking. There is the potential to increase income through extended evening open hours.

The shop floor trading area is approximately 350 square feet with vinyl tiled floors, slat walling, CCTV, suspended ceilings and LED lighting. To the rear is an open plan Post Office Counter with two positions and adjacent to this a retail sales counter with one sales terminal and full EPOS. To the rear of the premises is a stock room, office,staff kitchen area and staff toilet.

This is a busy and profitable business so we would highly recommend early viewing to avoid disappointment.

Summary. This ideally located, busy and profitable Post Office Local with strong retail sales and extremely terms of rent and rates represents and superb business opportunity that requires your early viewing to avoid disappointment.
Tenure:
Leasehold
Is accommodation included?:
Yes
Listed by:
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