Shop

Mailbox Estates offers a remarkable property opportunity to acquire a Post Office with a Convenience store which is located on a busy main road.

Amazing opportunity for a newly refurbished store, with new fixtures and fittings generating £11k weekly sales and £2/3K post office commission per month with low overheads.

The store will suit a multi operator who is looking to build on the excellent foundation of the current operator or a first-time buyer who is looking to delve into the convenience sector.

REASON FOR SALE:
Our client has other business commitments

THE OPPORTUNITY:
-Main road location
-Ideal for new entrant or existing operator
-Nil business rates
-Further income could be generated by increasing opening hours

LOCATION:
- The store enjoys an excellent location on a busy main road upon local bus routes attracting significant traffic.
-The store enjoys an excellent location on the main road with parking for customers, attracting significant traffic.
-The surrounding residential area provides a strong customer base, and the presence of various nearby businesses, including a barber shop, and secondary school which enhances the potential for high footfall.

TURNOVER:
- We have been advised by our client that the weekly counter sales on average are £11,000. In addition to this, the post office generates circa £2,000/£3,000 in commission per month.

INTERNAL:
-The ground floor of the premises boasts a large retail sales area with a stock room/W.C. and is offered in excellent condition.
-CCTV
- Separate delivery access at the back of the store with parking and directly connecting to the stockroom.

EXTERNAL:
-The store is well presented and maintained, with clear visible signage
-The shop has parking directly outside offering convenience for customers

STAFF:
The business is run and managed by the owner and two part-time staff

TENURE:
- Offered through the assignment of the existing lease which has 5 years remaining and is automatically renewable.

-RENT:
Annual rent is £5,400 (Only £450PCM!)

TRADING INFORMATION:
-Trading information will be made available to genuinely interested parties who have signed a Non Disclosure Agreement and viewed the premises.

LEGAL COSTS:
- Each party to be responsible for their own legal costs in connection with the sale.
- Landlord's legal fees are to be shared equally between the buyer and seller.

DEPOSITS:
- Successful Buyer(s) will be required to pay a non-refundable deposit of 10%

Tenure: Leasehold (5 years)
Service Charge: £0 per year
5 Years - Automatic Renewal