Post Offices for sale in Bath

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Post Office - Somerset

Bath, Bath, England

  • Leasehold Price: £50,000  Price Reduced arrow_drop_down
  • Annual Turnover: £156,000
Seller Reference: KBT47064
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Business Description
 
 
 
 
 
 
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Seller Reference: KBT47064
Request Details
Business Description
• Lease negotiable. Excellent well presented main post office offering additional sales
• Weekly turnover currently £1,500 wk. and growing. P.O £5,500 a month commission and growing
• Lockup store with new lease available preferential rental rates
• Scope to expand and build business, recent full refit and renovation

Profitable Leasehold Main post office in prime location in the centre of Midsomer Norton, Bath Current wk gift/card sales is £1,500 P.W and post office commission £5,500 Per Month plus lottery sales with potential to increase. Lock up store, High Street. Modern Refit
Leasehold Ref: 47064

Midsomer Norton is a mains post office located on the main High Street in Midsomer Norton, in the heart of a very busy parade of shops and stores.

Purchased 8 months ago by our clients, the business has shown growth and now offers a whole host of additional sales potential in the way of cards, gifts and sweets amongst other sales that generate a potential income of currently £1,500 pw but could easily grow much more.

The vendor has decided it is too much work from them and now wish to return to family in Hong Kong and are offering the business at a genuine fast sale price and to let a new buyer build on their current success.

The business consists of two halves’, the post office and the shop.

The post office is a full mains post office which offers all post office services from bill payments to passport checking, cash and daily banking, health lottery, car tax, MoneyGram, currencies upon demand and the full range of postal services.

Current income is by the way of commissions and the post office is averaging approximately £5,500 per month in commission payments.

The store sells a whole host of cards and gifts along with general stationary, small toys and a counter full of sweets. The shop weekly is averaging £1,500 and is growing.

The business utilises the full EPOS system, has a pay station within the post office and has a general counter, 2 x open counters and 1 fortress counters. The current vendor is the registered postmaster.

The business does not advertise and is supported by locals and a great deal of passing trade. Midsomer Norton is very close to Bath and hosts many tourists visiting the area.
We are also advised of a new housing estate is currently being built in over 600 houses and Midsomer Post Office will be their nearest post office.

The post office building is currently available on a lock up lease and is in excellent condition, having a recent full refit. We are further advised that the landlord would issue a new 7-ye

Summary. Midsomer Norton Post Office provides an ideal base for the first-time business buyer or seasoned professional wanting a business capable of earning money from day 1 with a loyal and growing customer database.

Viewings are highly recommended to appreciate what is on offer here. The vendor will consider all reasonable offers for the business which will be sold in the form of an asset sale plus goodwill.

Tenure:
Leasehold
Is accommodation included?:
Yes
Listed by:
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