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Business for sale in United Kingdom - 7059de derbyshire f/h 259,950 post office

Asking Price: 259,950 £ Real Estate: Ownership
Business for sale – 7059de derbyshire f/h£259,950 post office
Sales Revenue: 1 £
Net Profit: 1 £
Year Established: 1989
Employees: Not Disclosed
# of family members employed: Not Disclosed
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:

Card & Gift Shops

Business description

Advent Business Sales have been instructed to offer for sale this popular and successful post office. Established over 60 years ago and in the hands of the current vendors for over 19 years, it is now reluctantly offered for sale due to the vendor s retirement plans. The main retail area consists of a modern post office counter with 4 stations, plus a modern retail area selling cigarettes, stationery, confectionery and greetings cards. It is worth noting the retail sales counter is also equipped for taking lottery sales outside of normal post office hours. The premises also benefit from unusually spacious and well decorated family living accommodation including 4 bedrooms. EXPANSION POTENTIAL The business currently generates an excellent post office salary and there is still potential for further growth on the retail side of the business including stocking a small range of convenience goods, which are frequently requested by local customers plus the premises lends itself to easily extending the retail area without infringing on the living accommodation significantly. TRADING HOURS Post Office: Mon, Tues, Thurs & Fri: 8.30am 5.30pm Wed & Sat: 9am 12.30pm (Closes for lunch 12.30 1.30) Shop Premises: Mon, Tues, Thurs & Fri: 8.30am 5.30pm Wed: 8.30am 12.30pm & 4.00pm 7.00pm for lottery Sat: 4.00pm 7.00pm for lottery FINANCIAL INFORMATION We have been advised by the vendor of the following: Post Office Salary: 49,613 Retail Sales: 41,126 Retail Gross Profit: 5,968 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 A deceptively spacious premise with the added security of 2 separate alarm systems and consisting of the following: Ground Floor Double glazed shop frontage with disabled access entrance leading into main retail area with modern post office counter with 4 serving stations Retail sales counter with electronic cash register and payment system to take electronic payments outside of post office hours Cigarette gantry Sales display shelving and racking Access to rear into living accommodation consisting of: Ground floor spacious family lounge, dining room, fitted kitchen, utility, store room, downstairs w/c, stairs to first floor First Floor 3 large double bedrooms 1 single bedroom Family bathroom External Paved yard to rear with gated access and space for parking of 2 vehicles plus single garage within yard Paved to road TENURE: FREEHOLD We are advised that the annual business rates are currently: 410.03 Domestic Rates: 868.68

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: sale due to the vendor’s retirement
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: The business occupies a prominent corner location in a densely populated area of Cotmanhay in Ilkeston. There are excellent parking facilities including a large amount of on street parking surrounding the business for customers plus an enclosed secure yard an garage for parking for the residents. Ilkeston is a large town on the Derbyshire/Nottinghamshire border with excellent transport links including access to the A610 leading to junction 26 of the M1 motorway.

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