Main Post Office in Northamptonshire For Sale

Situated in a parade, excellent High Street trading position, residential and commercial area, NORTHANTS.

Turnover £ 500
Post Office £ 135,000
Price £215,000

Features

Main Post office with Photobooth, Cards, Stationery, Gifts

6 DAYS OPENING

DOUBLE FRONTED PREMISES in the total region of 900 ft². ATM, Alarm. Tiled flooring (industrial non slip), suspended ceiling with LED lighting. Fortress with 2 positions and parcel hatch, combi counter. Adjustable shelving, central gondola, racking and staging. Photo booth (owned), photo copier.

Store room n the region of 345 ft²

Staff cloakroom with toilet and sink

Turnover

WE ARE INFORMED by the owner the turnover currently averages £500 p.w. with a gross profit of 40% approx. POST OFFICE income in the region of £135,000 p.a. approx. (including a £15,000 paid from Royal Mail paid via the PO in the remuneration.)

Staff

The business is at present operated by a husband & wife team with the assistance of 3 part time staff. We are informed the wage bill averages £600 p.w. approx.

Trading Hours

6 Day week
MONDAY - FRIDAY 9 a.m - 1 p.m. & 1.30 p.m. - 5.30 p.m.
SATURDAY 9 a.m - 12.30 p.m

Outside

Outbuilding to rear used by Royal Mail as a sorting office (separate access) (salary £15,000 for this provision.)

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from private landlord, granted for 10 years in 2015 with reviews every 5 years (next review April 2025) at a current rent of £18,000 p.a. We understand the landlord is prepared to consider the granting of a new lease.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £215,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 107,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote