Post Offices for sale in Northampton

View the "Village Post Office & General Store Kislingbury" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (March 2017)
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Leasehold Price: £59,999 Turnover: £170,000
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Business Description
BUSINESS
There has been a Post Office in the village for over 50 years and the current owners have run it for some 30years.

The business really is the heart of the local community. The business has many regular customers, many of whom visit the store on a daily basis and most of whom are known on a first name basis by the current owner.

The business offers Post Office services. The Post Office also doubles up as a general store offering tobacco products, beers wines and spirits, newspapers, magazines, pet foods, greetings cards, frozen foods, chilled foods as well as varied general groceries. Other services include the National Lottery, hot drinks and photocopying.

Scope to improve

Extend the opening hours
Advertising and marketing campaign
Introduce newspaper and grocery deliveries
Improve merchandise and range
Maximise the use of social media
Introduce a loyalty card/scheme

LOCATION
Kislingbury is a village in Northamptonshire, about 4 miles west of Northampton town centre, and close to junctions 15A and 16 of the M1 motorway.

The business is perfectly situated in the middle of the village with free on street parking immediately outside. The property has recently been repainted externally and boasts clear, visible signage.

PREMISES
The business occupies the ground floor of a period stone built property and is presented and maintained to the very highest possible standards.

The property is approximately 89m2.

Generous sized shop with tiled floor and fluorescent lighting.

Shop equipment includes:

Glass topped ice cream freezer

Coffee machine

Stationery section

Greeting card racking

Perimeter shelving

Air conditioning

Open Chiller

Newspaper and magazine racking

2x twin glass fronted drinks chiller (one Loan by Coca Cola)

Single glass fronted drinks (loan by Lucozade)

Glass topped food freezer

Long central shelving gondola

Shelving for wines and spirits

Bespoke counter with till

Card machine

Generous wrapping area

Confectionery shelving below

Post office counter

Stock Room

Good sized useful stockroom with perimeter shelving and floor storage space, stainless steel sink and drainer with cupboard beneath.

Stock Room 2 / Office

With perimeter shelving, room for filing cabinet and door to rear.

TENURE
The current owner owns the Freehold of the shop premises but is selling the business on a leasehold basis and is happy to agree a mutually acceptable lease with the new owner.

A rent of approximately £9,000 per annum is proposed.

There are currently no business rates currently payable.

HOURS
Monday to Friday: 8.30am – 1pm and 2pm – 6pm

Saturday: 8.30am – 4pm

Sunday: 8.30am – 12pm

STAFF
The business is managed by the owner family and 2 part time helpers.

FINANCIAL PROFILE
The business currently has a turnover of approximately £170,000 per annum.

The weekly news bill is approximately £450 and the lottery sales are roughly £1,000 per week including scratch cards (Commissions included in Post Office Salary).

The Post Office salary is approximately £19,500 per annum (has been granted community status).

EXTRA NOTES
Reasons to Buy

A well established and popular business with an enviable reputation and many existing customers.
Real opportunity to increase turnover significantly, the current owner has been running at a pace to suit.
Ideal owner managed or husband and wife business.
Little or no competition locally.
A Lifestyle business offering an ambitious new owner the opportunity to work in a picturesque village with lovely locals.

Tenure: Leasehold

Listed by: Hilton Smythe
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