| (REF: 9601IP) Post office with Substantial Salary and General Store |
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| Seller Reference: |
9601IP |
| B4S Reference: |
17236 |
| Asking Price: |
£54,950
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£15,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Lincolnshire, Suffolk, United Kingdom |
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HISTORY
• Post office location last forty years
• Acquired by vendor five years ago
• New product ranges introduced during his tenure
PRODUCTS
• Greetings cards
• Confectionary
• Books
• Bric-a-brac
• Soft drinks
• Stationery
SERVICES
• Wide range of Post Office services including DVLA
• Dry cleaning agency
• Window cards
CUSTOMERS
• Mix of locals and passing trade with parking immediately outside
• Close to American Air Force base with large numbers living locally
SUPPLIERS
• Wholesalers and cash and carry
FINANCIALS
• Post Office salary £43,283 per annum
• Retail turnover £15,000 per annum
STRENGTHS
• Security of substantial Post Office salary
• Central trading position
• Established many years and supported by the community
• Extremely low staff overheads
• High margin sales such as greetings cards
• Very limited competition in area
• Large Tesco opening soon and a pharmacy coming next door
• Leisure Complex being built in village
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
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Property: |
Leasehold |
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Lease Terms: |
Leasehold
Rent £5, 200 per annum
Rates £1, 200 per annum
N.B. The substantial 5 bedroom house attached to the property, along with the freehold to the Post Office is currently on the market and may be available by separate negotiation if required.
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Living Accommodation: |
No |
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Location: |
LOCATION
• High Street location in a village in Suffolk
• Busy main thoroughfare
• On street parking immediately outside with ample free parking close by
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• Substantial opportunity to introduce new product lines and services
• Development of off licence and bakery
• Opportunity to increase shop takings from relatively modest £1,000 per month
• Introduction of additional Post Office services such as passport checks and Bureau de Change
• Introduction of locally sourced products
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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• Vendor
• One part time assistant working two days per week
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