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Business for sale in United Kingdom - 8800le leicestershire 549,000 freehold post office, news, & conv store

Asking Price: 549,000 £ Real Estate: Ownership
Business for sale – 8800le leicestershire £549,000 freehold post office, news, & conv store
Sales Revenue: 410,000 £
Net Profit: 0 £
Year Established: 2006
Employees: Not Disclosed
# of family members employed: 2FT
Location criteria:
United Kingdom/London Borough of Hillingdon/London Borough of Hillingdon
United Kingdom/London Borough of Hillingdon/London Borough of Hillingdon

Business types:

Retail

Business categories:

Other Retail Trade

Business description

Advent Business Sales are delighted to offer to the market this extremely well established post office/newsagent/convenience store, which has been trading successfully for at least 30 years. The current vendor has been in ownership for the last two years but has now obtained a professional degree and wishes to pursue this avenue of employment. Due to its superb decoration, lay out and offer, as well as its monopolistic position, the total sales are increasing month on month, giving the business total stability and fantastic long term potential. As well as every day items, the shop has an ATM machine, Paypoint and Payzone. The stock control is on EPOS and all newspaper accounts are handled by software, keeping the chore of billing to a minimum. A new CCTV system is in place as well as an automatic shop door for the convenience of customers. The husband and wife team staffs the business. TRADING HOURS Mon Thurs: 6am 8pm Fri Sat: 6am 9pm Sun: 9am 2pm EXPANSION POTENTIAL With its monopolistic position, both in post office work as well convenience goods, beers/wines and spirits and also newsagents and its positioning in a reasonably affluent area, the increasing turnover is hardly surprising. Add to this is modern, clean, well laid out appearance and the formula can only point to success. This is not to lose sight of the fact that it has a very generous family accommodation with garden and garage. FINANCIAL INFORMATION We have been advised by the vendor of the following: Annual sales: 410,000 approx Gross Profit: 26% P/o Salary: 27,740 Plus ATM, Paypoint & Payzone Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES The post office is a large double fronted shop with a central automatic door. There is additional storage area to the right hand side. Ground Floor Counter with EPOS till and tobacco gantry behind. Magazines and newspapers rack. Just inside the door is the ATM machine. Open refrigerated displays with beers, wines, milk and other dairy and perishable goods to the rear. Large soft drink refrigerator. Doorway to the rear of the building Post office counter. Convenience goods section including a very large deep freeze gondola. Rear door leading to the main stock room. Staff kitchen and w/c, A large family lounge with patio window and rear glazed lobby into a spacious garden, Driveway to a large garage. Front of lounge are stairs to the first floor. First Floor 3 double bedrooms, Bathroom and w/c, Kitchen and dining room. All kept to a good standard of decoration. TENURE: Freehold We are advised that the annual business rates are currently: TBC

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: NOT DISCLOSED
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 0 £
Location: Our client is located in a sizable village in North West Leicestershire. It is positioned just off a main road close to the local pub. Due to the recent spate of post office closures, it has an enviable position of being the only village post office for miles. The village is approximately mid point between the M1 and A45 (M45) giving easy access to London, the north, the North West, Birmingham and the south west. It is also close to East Midlands Airport. The village has a mixed stock of residential dwellings its own primary school and garden centre. Due to its close proximity to the main road, it is often a stopping point for drivers going to and returning from work.

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