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8873 NG NOTTINGHAMSHIRE FREEHOLD: £290,000 POST OFFICE & CONVENIENCE STORE

Asking Price: GBP 290000
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Business Location: United Kingdom » Nottinghamshire » NOTTINGHAMSHIRE 
Category: Retail » Convenience Stores
Description:
Advent Business Sales are delighted to offer
to the market this extremely well established
freehold post office and convenience store
with attached large house, which has been
trading successfully for the past 30+ years.
The current vendor has been in ownership for
the last 5 years and is reluctantly selling due
to health reasons and a desire to retire.
The post office has continuance and is
monopolistic to the area.
The business is a traditional post office and
runs the convenience shop along the usual
lines, selling news and magazines, greetings
cards, frozen food, general household good,
general groceries, dairy products, bread,
sweets and snacks, soft drinks, tobacco and
an off licence.
Due to bad health, our client has not been
able to make as much of the shop as is
possible, a younger family could make this
into a ‘gold mine’ with special offers and
additional goods on display.
We are advised that stock at cost is
approximately £5,000 to – £8,000.
Financial Information:  
Annual gross sales: (GBP) 120000
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 2003
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Number of Employees: 03 PART TIME
No of trading hours: Mon-Fri: 7.30am – 6.00pm Sat: 7.30am – 1.00pm Sun: 7.30am – 12 noon
Reasons for selling:
The current vendor has been in ownership for the last 5 years and is reluctantly selling due to health reasons and a desire to retire.
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