This Main Post Office provides a full range of services, including all passport services, photo booth, foreign exchange, Amazon, Parcelforce, DPD, UPS collection and return services, personal and business banking, DVLA services, DBS services, and much more.
The OPPORTUNITY
* Convenient operating hours
* Ideal owner managed or family business
* Potential for further growth by extending business hours or adding wines, spirits and beer or Tobacco products (subject to licensing)
* Prime trading location on a busy high street, with ample nearby parking
* Current owner willing to provide a handover to ensure continued success
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Retail sales include cards, stationery, gifts, toys, and some confectionery. There is further potential to increase sales by introducing alcohol and tobacco products, which are not currently offered.
REASON FOR SALE:
* Our client has owned the business since 2012, more than 12 years and is now offering the business for sale due to family commitments.
COUNTER RETAIL SALES & POST OFFICE REMUNERATION:
* Retail Sales: Approximately £800 per week with a 35% margin.
* Post Office Remuneration: Generates around £75,000 per year with potential for further growth.
OTHER COMMISSION SOURCES:
Lottery – Approx £130 PCM
Photobooth – Approx £400 PCM
UPS – Approx £120 PCM
LOCATION
* The store is prominently located on a busy high street and benefits from high levels of footfall and repeat trade.
* The store sits alongside other complimentary retail businesses including several well-known high street names.
* The store is well presented and maintained, with clear visible signage.
* Main bus stop within walking distance to the store for ease of public transport
TENURE
* The site is available via assignment of the existing lease, with 15 years remaining.
TRADING HOURS
* Monday – Friday – 9.00am – 5.30pm
* Saturday 9.00am – 1.00pm
STAFF
* The Post Office is run by the owner, husband and wife team with two part time staff.
EXTERNAL
* There is one parking space available for the owners to the rear of the building.
* Free on site kerbside parking for customers ( around 30 spaces )
SHOP FLOOR PLAN
* Ground floor – Shop sales area of approximately 950 sq. metres.
* Three post office counters, one is fortress secured, two is open.
* Access to back office/stockroom through rear of shop.
* The shop includes ceiling, CCTV, and an external 24 hours ATM.
RENT:
* Annual rent is £10,992.
BUSINESS RATES:
*Zero rates payable, enhancing the value of this opportunity.
LEGAL COSTS:
* Each party to be responsible for their own legal costs in connection with the sale.
* Landlord’s legal fees are to be equally shared between the buyer and seller.
TRADING INFORMATION:
* Full accounts and Post Office remuneration slips will be made available to serious buyers after viewing.
FIXTURES & FITTINGS:
* The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price + stocks.
VIEWING ARRANGEMENTS:
* Early viewing is highly recommended to avoid disappointment.
* Discreet customer visits are encouraged but on no account should any direct approach be made to the vendor or any of the staff.
DEPOSITS:
* A non-refundable deposit is required from the successful buyer.
