Mailbox Estates is delighted to present this excellent opportunity to acquire a well-established Convenience Store with a fully operational Post Office, ideally positioned in a busy location benefiting from strong local trade and a loyal customer base.
This is a fantastic opportunity to purchase a long-standing business operating since 2014, currently generating between £19,000-£20,000 in weekly sales, with seasonal peaks reaching up to £25,000 during the summer months, alongside additional Post Office income.
Reason for Sale:
The owner is selling due to other business commitments.
The Opportunity:
Weekly turnover of £19,000-£20,000 (up to £25,000 in summer)
Additional £50,000 per annum from Post Office services
Strong 25% profit margins
Established business trading since 2014
Staff-run operation
EPOS reports available
New 15-year lease to be granted
Front car park for customer convenience
Location:
The store occupies a prominent position, benefiting from consistent local trade and strong community presence.
Easily accessible with customer parking at the front
Situated within a residential catchment area
Established customer base built over many years of trading
Trading Hours:
Shop:
Monday - Friday: 7:00am - 10:00pm
Saturday & Sunday: 8:00am - 10:00pm
Post Office:
Monday - Friday: 9:00am - 5:30pm
Saturday: 8:00am - 12:30pm
Turnover:
We are advised by the vendor that the business achieves average weekly sales of £19,000-£20,000, increasing to approximately £25,000 during peak summer periods. The Post Office generates an additional income of circa £50,000 per annum.
Internal:
The premises are well maintained and comprise:
Spacious retail sales area
Designated Post Office counter
Stockroom and staff facilities
Fully equipped with EPOS system
External:
The property benefits from clear signage and a well-presented frontage, with the added advantage of a customer car park directly to the front of the store.
Staff:
The business is currently staff-run with a team of experienced employees in place, all of whom are willing to remain, ensuring a smooth transition for a new owner.
Tenure:
A new 15-year lease will be granted to the incoming purchaser.
Rent:
Annual rent: £30,000
Trading Information:
Further trading information, including EPOS reports, will be made available to genuinely interested parties following a viewing.
Important Notice:
All prospective buyers will be required to provide proof of funds prior to viewing or progressing further with the opportunity.
Legal Costs:
Each party to bear their own legal costs
Landlord's legal fees to be shared equally between buyer and seller
Deposit:
A non-refundable deposit of 10% of the agreed purchase price will be required from the successful buyer.
Tenure: Leasehold (15 years)