Mailbox Estates excited to present this excellent opportunity to purchase a Mains Post Office with retail sales.
Do not miss out on this great opportunity!
The business is long standing and trades as a post office with retail sales. The post office provides a valuable guaranteed income. The store operates with a convenience store offering confectionary, tobacco, alcohol, and much more.
Reason for sale * Our client has run the store successfully for more than three years and are now selling due to other business commitments.
The opportunity * Opportunity to acquire a busy Mains Post office in an increasingly demanding market * Current owner happy to offer a handover to ensure the continued success. * Further growth potential by adding more services * Rent per annum £5,400
Current turnover * We have been advised that the comission per month from the Post Office is on average £2,000. * The turnover for the retail sales is around £1,500 per week with margins of 30%.
Tenure * A new lease will be granted. (Council renewable lease).
Location * The store is situated on a main road, in a large residential area in Wednesbury with constant passing trade and high levels of footfall due to the neighbouring businesses such as a Fish and Chip Shop, Cafe, and a Pub.
Staff: * The business is owner run, husband and wife team so there are no staff to transfer.
Ground floor shop plan * The ground floor of the premises boasts a large retail sales area with an impressive 66 sq. metres. (710 Sq. ft.). and is offered in good condition. Ground floor comprises of a stock room, bathroom and kitchen to rear.
Fixtures and fittings included: * The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.
Living accommodation: The business is being sold as a lock up therefore no accommodation is available.
Legal costs * Each party to be responsible for their own legal costs in connection with the sale. * Landlords legal fees are to be shared equally with the purchaser and vendor.
Business Rates: £0 * Purchasers should enquire with relevant local authorities to confirm the rates payable.
Regulatory * Premises licence
Trading Information * Trading information will be made available to genuinely interested parties who have signed a Non Disclosure Agreement and viewed the premises.
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.
Deposits: * Successful applicants will be required to pay a non-refundable deposit.
Mailbox Estates highly advise early viewing to avoid disappointment.