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(REF: 2296)  Popular Post Office in Hackney London
 
Seller Reference: 2296
B4S Reference: 24715
Asking Price: £550,000
Net Profit:
Sales Revenue: £20,800
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Hackney, North East London, United Kingdom
  Business Summary   
  Preferred Commercial is delighted to offer for sale this popular Post Office, which was established in the 1960s and has been in our client's careful hands since 2000. The business is only now offered to the market due to our client's wish for career change. The premises are well-equipped to suit the trade with a large sales area and 3 Post Office positions. The business benefits from a high footfall from the surrounding area and boasts an excellent reputation, ensuring much repeat trade. There is a spacious 2-bedroom self-contained flat to the first floor which is included in the freehold purchase option only. We are advised that planning permission is in place to extend the shop, which could double the retail space. Our client currently offers Post Office activities along with additional sales of greeting cards and general convenience lines. The business trades 6 days a week and generates a turnover in the region of £20,800 with a gross profit of 25% and also receives a Post Office salary of £77,000 per annum. We feel the turnover could be further increased by extending the opening hours. The new owner could, if desired, extend the shop area, which would allow a larger range of products to be sold. This is an ideal opportunity to acquire an already popular Post Office with a 2-bedroom self-contained flat and huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
  Property Information   
  Property: Freehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Substantial mid-parade Post Office premises with 2-bedroom self-contained flat. Briefly comprising:

Ground Floor
• Spacious sales area with 3-Position Post Office counter, photo booth, photocopier, freestanding display units, open fronted chilled unit, CCTV, shelving and display boards to perimeter walls, leaflet display and toy display shelving

First Floor
Self-contained flat which is included in the freehold purchase option only.
• Lounge
• 2 x Bedrooms
• Bathroom
• Kitchen

Lower Ground Floor
• Storage room
 
  Location: Hackney Road Post Office occupies substantial premises ideally located in Hackney, London. The business benefits from being situated close to the local amenities and is surrounded by a variety of complementary shops and businesses. There are regular buses running through the area and the tube station is within easy walking distance. The business has easy access to the A-road network and the City of London is less than 2 miles away. Hackney is a mainly residential and commercial area, with a thriving nightlife and a variety of attractions. The motorway network lies approximately 10 miles away.
  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 - Fri: 8:30am to 6:30pm
Sat: 8:30am to 5:00pm
  Energy Performance Certificate   





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