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Reference C9539
Turnover £ 2,000
Post Office £ 116,000
Price
£185,000
Main Post Office Plus Gifts, Cards, Toys and Confectionary
6 DAYS OPENING
PASSPORT & DVLA APPROVED POST OFFICE.
SINGLE FRONTED PREMISES in the region of 985 ft² with karndean laminate strip floor, suspended ceiling with fluorescent lighting, combi counter, cash register Post Office Counter with anti-bandit screen. (3 positions), etc., modern adjustable shelving, card display stands (revolving with drawers), Past Port Camera & Printer.
Stock room / Office.
Storage room.
Staff Toilet with w.c. and wash hand basin.
Small Kitchen
WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a Gross profit of 44% approx.. POST OFFICE income in the region of £116,000 p.a. approx.
The business is at present operated by the vendor with the assistance of 4 part time staff.
We are informed the wage bill averages £1,200p.w. approx.
6 Day week
MONDAY - FRIDAY 9 a.m. - 5.30 p.m.
SATURDAY 9 a.m. - 1 p.m.
Rear yard & Parking space for 1/2 car.
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in October 2024 with reviews every 5 years at a current rent of £14,400 p.a.
We are advised the landlord will grant a new 15 year lease (or shorter if required) at a rental of £16,200 p.a. with 3 yearly rent reviews.
Business Rates from April 2026 £1,190 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S OTHER BUSINESS INTERESTS.
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION (£20,000 APPROX. can be reduced)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Subject to status, you maybe able to borrow up to £ 92,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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