Post Offices for sale in Lifton

View the "Village Post Office & Store Devon" 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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Freehold Price: £295,000 Turnover: £410,000 Gross Profit: £100,000
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Business Description
BUSINESS
Hilton Smythe welcomes to the market Lifton Village Stores & Post Office, a delightful Freehold business, For Sale due only to our client's other pressing business interests after several years in situ.

A very busy village store and post office, supplying services to the local village and wider community. With everything from Post Office counters, greetings cards and gifts, popular home-made sandwiches and food to go, through to confectionery, tobacco, newspapers, alcohol, general grocery and convenience items.

Locally renowned and busy with local patrons, there is also the addition of plenty of passing footfall and traffic. With some online presence via visit Dartmoor, Yell.com and Dentons, the business thrives extremely well on passing trade, word of mouth, reputation and good old-fashioned customer service without the need for any heavy marketing or advertising. Largely unopposed, there would be merit in adding further online presence via social media including a Facebook page, or introducing a more formal website.

The shop has existed for decades, served the community well during this time, and is a much needed and well supported village amenity.  

Although an already successful business with consistent annual turnover and profits for the past 3 years, for a hands-on husband wife team, partnership, or small family unit, there is the opportunity to push organic growth. The addition of a local newspaper delivery service could also be an advantage.

LOCATION
Lifton Village Stores & Post Office is situated in the lovely village of Lifton, within the county of Devon.

A busy and prominent main road location to the centre of the village, the business is largely unopposed, and benefits plenty of free 'on road' patrons parking. With nice kerb appeal, vibrant signage and A' Boards. The business is easily located by any passing traffic. There is a village inn, and large farm shop café nearby, whilst Cornwall is only a short drive.

Lifton is a popular and desirable Dartmoor village located at the confluence of the rivers Wolf and Lyd, circa quarter of a mile south of the A30 main trunk road, and close to the border of Devon and Cornwall. With a population approaching 2000 people, the average overall house price is around £250,000. Public transport and local road networks are good via the A388, A30 and M5 further North.

PREMISES
A single storey Freehold lock-up premises, largely open plan circa 115 sqm.

Briefly comprising,

Large front window elevations, and central door leading to largely open plan shop floor with tiled floor. Well-presented and maintained throughout, traditional style presentation.

Equipment includes-

Rack mount shelving

Gondola displays

Chest fridge

Freezer units

Central servery and post office counter

Plenty of stock room, storage and ancillary space with roller shuttered front door (ideal for re-development)

Our client also makes use of some further ancillary space, including office and kitchens within an attached building via a stairwell and internal door from the main shop floor. This is held on a renewable lease term with a private landlord at £400per month and can be re-let subject to negotiations if required.

TENURE
We are advised the business is being sold as a Freehold business opportunity.

HOURS
The business opening hours:

Monday:  08:00 to 18:00

Tuesday:    08:00 to 18:00

Wednesday:  08:00 to 18:00

Thursday:   08:00 to 18:00

Friday:   08:00 to 18:00

Saturday:  08:00 to 18:00

Sunday:   10:00 to 13:00

Lots of scope to extend hours of business which would probably be well received by most customers.

STAFF
The business is run by a hands-on husband and wife team, with the help of several full time and part time staff.

FINANCIAL PROFILE
We are advised that the turnover for the year ending 2016 shows around £400,000, with a gross profit of circa 24%.

Our client has been in negotiations with Messrs The Post Office, over a development fund for refurbishment and alterations. (This could be re-explored by any incoming party)



Tenure: Freehold

Listed by: Hilton Smythe
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