Freehold Post Office And Convenience Store For Sale in Nottinghamshire- Business 4 Sale .co.uk

Business Summary

HISTORY

• The business has been trading in a retail capacity since 1900.
• The freehold concern has been in the careful hands of the current owners for almost two decades.

REASON FOR SALE

• This is a genuine sale for retirement purposes.

PRODUCTS

• The business operates along the lines of a traditional convenience store together with the normal services provided by a post office.
• Some of the product lines that are retailed include:
o Beers, wines and spirits
o Newspapers and magazines, counter sales only
o Confectionery, crisps and snacks
o Soft drinks and ice creams
o Convenience foods and tinned foods
o Frozen foods
o Pet foods
o Household items
o Pay point
o Lottery through the post office
o Gas and propane

STOCK VALUES

• At present, the business is holding approximately £30,000 worth of stock at cost.

CUSTOMERS

• Mainly from the surrounding residential locality.

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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises

Property Information

	Property:	Freehold

	Living Accommodation:	Yes

	Details of Accommodation:	• The extensive freehold accommodation briefly comprises of the following: Retail sales area • Counter with cigarette gantry to rear • Appropriate racking, shelving and gondolas • Four frozen food fridges • Three vertical drinks fridges • Ice cream fridge • Leading to post office and kitchen facilities • Store room which was previously a fresh fruit and veg store • Large basement storage Ground Floor Accommodation • Lounge • Fitted kitchen • Enclosed gardens • Secure parking for three vehicles • Outbuilding First floor • Five double bedrooms • Large w/c and bathroom • Office • Lounge

	Location:	• Our client is located in a village setting on the Nottinghamshire/Derbyshire border. The immediate area has a mixed stock of residential dwellings from a housing estate to private homes. • There is ample free car parking in the area.

Growth Potential

• Extending the evening opening hours to take advantage of the valuable off license
• Subject to planning permission, the first floor accommodation could be converted to a total of ten bedrooms or a mixture of family accommodation with bedsit or flats to create an additional revenue stream
• In its long history the business had a separate sales area for fresh fruit and veg which retailed successfully. Re-introducing this would increase revenue. At present the area is used to store the owner's personal motorbikes
• Joining a symbol group to increase the ranges on offer, providing hot and cold snacks and refurbishing/extending the retail premises would all prove highly popular

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

• Monday to Saturday: 6am to 7am & 9am to 8pm
• Sunday 8:30am to 1pm & 6pm to 8pm

Summary of Staffing

• The business is staffed by the owner together with:
• Five part time staff who have all been employed for more than two years.

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