Post Offices for sale in Guildford

View the "Very Well Run Post Office & Newsagents" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Unbelievable, as I've saved hundreds on agents fees, by doing it myself. 

Anjam Hussain (Jun 2017)
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Leasehold Price: £29,950 Price Reduced Turnover: £200,274 Gross Profit: £71,920
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Business Description
Business
Hilton Smythe welcomes to the market Southway Post Office and Newsagents, established by our client over 6 years and now offered for sale due to his decision to relocate.

The business offers both a full Newsagents retail side with a local Post Office counter.

Our client advises an average Newsagents weekly sales of £3,000 per week which is made up of cold drinks, hot drinks, milk and dairy, confectionery, crisps, children's sweets, newspapers and magazines, tobacco, BJ Toys, groceries, stationery, balloons, books, ice creams and lollies, photocopying, ice, ATM machine, cream, greeting cards, birthday and celebration items.

Our client advises us the stationery and children's toys lines are particularly popular and have a very good profit margin attached.

The local Post Office operate on a commission agreement and currently generates a yearly commission in excess of £30,000 per year which includes full post office services, parcel collection and lottery.

The shop is organised to a very high standard and would allow any new owner to walk straight in and carry on successfully trading.

The business is run mainly by staff due to our client’s other work commitments and would benefit highly from a new full time owner. There is the opportunity to add local newspaper rounds and extend current opening hours.

Hilton Smythe advise early viewing due to its popular trading location.

Location
Southway Post Office and Newsagents is located on Park Barn Parade, Southway in Guildford, Surrey.

This much loved shop is ideally positioned on the corner of a small parade of local shops, within a large residential area. Popular due to the nearby Guildford Grove Primary school, Oaks Surgery, Nuffield Hospital, Royal Surrey County Hospital, BAE Systems Applied Intelligence and University of Surrey.

There is free customer parking directly outside, main bus routes into the centre of Guildford and Guildford London Road mainline train station only 5 mins away.

The business benefits from close proximity to the A3 which links Fareham to Guildford and the M25 motorway in the North.

Premises
Ground floor -open plan retail space includes - 4 x large open chillers in the front window space, left side includes a large crisp display stand, glass topped ice cream freezer.

1st gondolier -Household goods, children's toys and grocery
2nd gondolier - Stationery

Right side - Greeting card display units, magazine and newspaper stand.

Rear left - Bagged sweets and kids toys and stationery, books, coffee machine, lottery machine.

Counter -Epos till, card machine, post office counter.

Rear -Small stockroom. Staff kitchen and toilet.

There is an 8 x camera CCTV system throughout.

Tenure
The business is being sold as a Leasehold option.
Original length of 10 years with 9 remaining
Rent is£7,800 per year.

Our clients advises the business benefits from full small business relief paying no current rates.

Hours
The business opens:-

Monday to Saturday - 6.00 am to 6.00 pm
Sunday - 6.00 am to 1.00 pm

Staff
The business is run by our client who only works 1.5 days a week with the remaining days covered by part time staff.

Financial Profile
Our client advises a turnover in 2017 of approx £200,274 with gross profit of £71,920 and assets valued at £10,000.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04293
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