| (REF: 2087) Grade 11 Listed Village Post Office for Sale |
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| Seller Reference: |
2087 |
| B4S Reference: |
25963 |
| Asking Price: |
£645,000
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| Net Profit: |
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| Sales Revenue: |
£67,000 |
| Number of Staff: |
2 |
| Established For: |
101 Years 0 Months |
| Ownership: |
Freehold |
| Location: |
Redbourn, Hertfordshire, United Kingdom |
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The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £67000 with a Post Office Salary of £54000.
- A business with great potential which has not been exploited.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business and ideal purchase for couple or a partnership.
- Low rent and rates.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation.
- The concern provides full Post Office services, stationary, greeting cards, toys and some hardware.
History
Phoenix Business Transfer Agents are delighted to place onto the market this Post Office which has been established since 1910. The business has been in the hands of the current owner since 2007 and now wishes to sell due to retirement.
Services
This very good business opportunity provides - The concern provides full Post Office services, stationary, greeting cards, toys and some hardware.
Staffing
The concern employs 1 part time and 1 full time staff.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
No marketing or promoting of the business has recently been undertaken as the business is well known.
Competition
As far as competition is concerned there is another similar business some 6 miles away.
Market
The client base consists of Locals, businesses and passing trade
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include Saturday afternoons and Sundays.
• Increasing the hardware section.
• Introduction of an ATM machine
• With the introduction of a website and e-commerce.
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Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.
The present annual turnover is £67,000 with a gross profit of 45% and a Post Office salary of £54,000. The wages are £24,000. The present value of the stock is £30,000.
The potential turnover of the business within the next 2 years is forecast to reach £100,000pa given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller.
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Property: |
Freehold |
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Lease Terms: |
The business is Freehold and the rates are £7,000.
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Living Accommodation: |
Yes |
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Details of Accommodation: |
On the first floor there are 2 double bedrooms, large lounge and bathroom. On the ground floor there is a kitchen /diner with access to the shop.
EXTERNAL
To the rear is a garden, shed and Garage.
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Location: |
- Situated in the high street area of Redbourn in Hertfordshire.
- Prominent location in high street.
- Part of a parade of shops.
- Excellent free parking facilities.
- Surrounded by densely well populated residential area with schools and other local amenities.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
- Area enjoying much growth and re generation.
- A lifestyle area.
- Excellent local demographics for this type of area.
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As far as competition is concerned there is another similar business some 6 miles away.
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The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include Saturday afternoons and Sundays.
• Increasing the hardware section.
• Introduction of an ATM machine
• With the introduction of a website and e-commerce.
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The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.
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now wishes to sell due to retirement. |
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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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Monday to Friday: 9.00am -5.30pm.
Saturday: 9.00am -12.30pm.
Sunday: Closed
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The concern employs 1 part time and 1 full time staff. |
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