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(REF: 2215)  Established Post Office and Convenience Store in Cumbria
 
Seller Reference: 2215
B4S Reference: 24242
Asking Price: £374,950
Net Profit: Undisclosed
Sales Revenue: £700,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Whitehaven, Cumbria, United Kingdom
  Business Summary   
  Preferred Commercial is pleased to offer for sale this busy Post Office and convenience store, which was established by our clients in 1958 and is only now being offered for sale due to our clients' wish to retire. The premises benefit from being the only Post Office in the area with much repeat trade from the local community. The store is well equipped to suit the trade with a spacious shop floor with 2 aisles, 2-position Post Office counter and a fully shelved store room. Our clients currently stock a variety general CTN lines along with alcohol and tobacco products and offer Lotto, ATM and Pay Zone services. The store trades 7 days a week, which generates a turnover in the region of £700,000 per annum with a gross profit 20%. We feel the turnover could be further increased by extending the range of alcohol products available and also introducing hot and cold snacks for sale. The new owner could, if desired, establish a marketing campaign, which would further enhance the business. There is also scope to extend the opening hours to 9.00pm each evening which would result in a further 24 hours trading per week. This is an ideal opportunity to acquire an already busy Post Office and convenience store which has further potential and a loyal customer base. Early negotiations with Preferred Commercial must come highly recommended.
  Property Information   
  Property: Freehold
 
  Lease Terms: Long Leasehold
Original length: 999 years
Ground rent: £1 per annum
 
  Living Accommodation: No
 
  Details of Accommodation: Ground floor lock up Post Office and convenience store premises with CCTV and air conditioning. Briefly comprising:

Ground Floor
• Spacious shop area with 2 aisles, newspaper and magazine displays, alcohol display refrigerator, dairy refrigerator, greetings cards display, ATM, serving counter with EPOS system, Lotto terminal and tobacco gantry to rear
• Post Office counter with 2 x serving positions and associated equipment
• Large store room with shelving, dairy refrigerator and ice cream freezer
• Kitchen with sink unit
• WC with wash basin
• Office with desk, chair and shelving

External
• Free on-street parking
 
  Location: M & J McDowell Ltd occupies ground floor lock-up premises ideally located in the centre of a busy residential area in Mirehouse, Whitehaven. The premises are close to the local amenities and benefit from ample on street parking. The business has easy access to the local A-road network and there is a regular bus service running through the area. The railway station is approximately a mile and half away and Whitehaven town centre is only two miles to the north.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Mon - Tue: 5:30am to 6:00pm
Weds: 5:30am to 7:00pm
Thurs - Fri: 5:30am to 6:00pm
Sat: 5:30am to 7:00pm
Sun: 5:30am to 1:00pm
  Energy Performance Certificate   





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