Prime Post Office Opportunity in Town Centre

Mailbox Estates presents a well presented town centre Post Office with a High Remuneration of £110,000 per annum. This long-standing post office has excellent pedestrian foot flows within a well-established trading location.

The Opportunity:
• Town centre location
• Extendible trade hours: Ideal for maximizing profits.
• Salary of £110,000 per annum and rising from the busy footfall
• Ideal for full time owner to maximise profits

Internal:
• Ground floor – sales area of approximately 156 sq. metres. (1,600 Sq. ft.)
• Five Post office counters, including 2 fortress counters, 2 open counters and 1 retail counter
• Stock room to rear
• Kitchen leading to W.C

Turnover:
• Annual Post Office Remuneration with £110,000 per year with much more potential to grow
• Weekly retail sales of £700 on average with high margins.
• Commission from National Lottery £100 per month on average.
• Commission from photobooth £500 per month on average.

Trading Hours:
• Monday – Tuesday 9:30 am – 5:00pm
• Wednesday 10:00am – 5:00 pm
• Thursday – Friday 9:30 am – 5:00pm
• Saturday 9:30am – 1:00pm
• Sunday Closed

Staff:
• The Post Office is run by husband and wife with three part time members of staff (non-family)

Tenure:
• The site is offered by way of assignment of the existing lease until 2034. Option to renew at the end of the term.
• We have been advised the rent per annum is £23,000 with no increases since ownership in 2014.

Fixtures and Fittings:
• The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price. Any items that are owned by a third party or personal to our clients will be exempt.
• Double door Coca Cola Fridge
• 2 isle Shelving for stationary items
• 3 Meter card stand
• 9 Channel CCTV
• Lottery display units

Trading Information:
• Full accounts & Post Office Remuneration will be made available to seriously interested parties after they have viewed the business

Viewing Arrangements:
• Mailbox Estates highly advise early viewing to avoid disappointment.
• Discreet customer visits are encouraged but On no account should any direct approach be made to the vendor or any of it’s staff.

Business Rates:
• Purchasers should enquire with relevant local authorities to confirm the rates payable.

Service Charge:
•Quarterly service charge of approximately £2,000 plus VAT

Deposits:
• Successful applicants will be required to pay a non-refundable deposit.

Regulatory:
• Transfer of a Post Office appointment is at the sole discretion of the Post Office Network.

Legal costs:
• Each party to be responsible for their own legal costs in connection with the sale.
• Landlord’s legal fees are the vendor and buyers responsibility. This will be shared equally and payable by both