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8843LE FREEHOLD POST OFFICE £290,000+SAV

Asking Price: GBP 290000
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Business Location: United Kingdom » Leicestershire » LEICESTERSHIRE 
Category: Retail » Convenience Stores
Description:
Advent Business Sales have been instructed to offer for sale this extremely well established business with excellent further potential.

The post office has been trading successfully in the area for over 40 years with current ownership since 1998.

It is now reluctantly offered for sale due to the vendor’s ill health.

The business offers excellent post office services with three counters. The demand and usage of the post office has increased considerably since receiving confirmation of continuance.

The post office salary is in excess of £53,000 per annum.

The premises have recently been refurbished with new fixtures and fittings.

The business has developed sales in stationery and greeting cards lines with the addition of a small range of leather goods.

The business is currently staffed by a full time locum manager and a full time member of staff with the vendor offering support as and when she can.

There is also a 3 bed living accommodation.
REF: 8843LE

TRADING HOURS
Mon-Fri 9.00am – 5.30pm
Sat: 9.30am – 1.00pm
Sun: Closed
BUSINESS PREMISES
Detached premises which has recently been refurbished to a high standard benefits from double glazing throughout, CCTV and a monitored alarm system, briefly consisting of:

Ground Floor
• Main entrance into shop area
• 3 modern post office counters
• Fixtures and fittings to accommodate the greeting cards and stationery
• Stockroom and Office to the rear
• W/C
• Fully fitted kitchen
• Large conservatory leading to rear garden
• Stairs to first floor

First Floor
• 3 spacious bedrooms
• Family bathroom
• Loft access
External
• Rear garden with separate access
• Driveway and garage
• Parking to the front of the premises for up to 15 vehicles.


TENURE: Freehold

We are advised that the annual business rates are currently: £500
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 79000
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area: This detached two storey property occupies a prime location on a busy main road within a densely populated residential area.
Year Established: 1968
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Market competition and expansion:
 This established business offers genuine scope for expansion and improvement. This could include opening more hours, adding confectionery and soft drinks. The main benefit would be with an owner manager which would clearly maximise profits.
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