Buy a Cumbria Convenience Store Newsagents & Post Office business for sale in Egremont on BusinessesForSale.com

  • Listing ID: 833056
  • (Seller ref: 1097)

Cumbria Convenience Store Newsagents & Post Office For Sale


Location:
Category:
Type:

Listed by:


Asking price:
£389,000
Turnover:
£380,000
Net profit:
Available on request


Preferred Commercial is delighted to offer for sale this thriving unopposed Post Office and village store, which has been established since the 1930s and has been in our client's hands since 1995. It is now being placed on the market due to retirement. The store offers a new owner huge scope to build upon this already profitable business with the introduction of longer opening hours, the addition of a full deli counter and a wider product range. The Post Office and store benefits from a large, loyal customer base. The sales area covers approximately 1,200 square feet and includes a Post Office counter. The business boasts a weekly turnover of £7,500 with a newssheet of £1,200 per week and a gross profit of 17.65%. The annual Post Office Salary is currently £18,625, while the National Lottery outlet weekly turnover is approximately £2,500. Our clients have recently introduced hot pies, direct daily from a local bakery, which have proved extremely popular, and are in the process of obtaining an ATM. The business further benefits from spacious 4 bedroom self-contained living accommodation, which could be let out to draw a rental income of approximately £750 per month. This in our opinion would be an ideal husband and wife or family business, situated in a sought after village location. Preferred Commercial strongly recommends early viewing to fully appreciate this excellent business opportunity.


Property:
Freehold
Living accommodation:
Very spacious self-contained living accommodation, finished to a high standard, separate alarm system. Briefly comprising: • Lounge • Kitchen with a range of fitted wall and base units, and dining area • Door to first floor sun terrace • 4 double bedrooms • Bathroom and WC We are advised that the self-contained flat could be rented at in excess of £750 per month.
Location:
Thornhill Stores and Post Office is located prominently in the centre of the village, opposite the village green and close to a bus stop and a primary school. The business is completely unopposed, as this is the only shop in this densely populated area, drawing its trade from the wealth of regular and passing traffic. The business is very much at the heart of this close community. The village lies just south of Egremont in Cumbria and boasts easy access to the coast and the Lake District, with Ennerdale being just 15 minutes away and Wasdale approximately 20 minutes away.
Premises details:
Detached 2-storey property with wide frontage and 4 bedroom self-contained living accommodation. Briefly comprising:

Ground Floor
• 1,200sqft sales area with counter, shelving, display aisles, 2 display refrigerators, 3 drinks chillers, 3 freezers, Rijo coffee machine, slush machine, tiled floor and a wealth of further fixtures and fitting to suit trade
• 1 position Post Office counter
• Stock room
• Staff WC
First Floor
Very spacious self-contained living accommodation, finished to a high standard, separate alarm system. Briefly comprising:
• Lounge
• Kitchen with a range of fitted wall and base units, and dining area
• Door to first floor sun terrace
• 4 double bedrooms
• Bathroom and WC
We are advised that the self-contained flat could be rented at in excess of £750 per month.

External
• 2 driveways
• 2 double garages
• Yard
• Enclosed rear garden

Trading hours:
Shop
Mon - Fri: 6.00am - 8.00pm
Sat: 6.00am - 7.30pm
Sun: 8.00am - 12.30pm

Post Office
Mon-Fri: 9.00am - 5.30pm
Sat: 9.00am - 12.30pm
Sun: Closed

For more information about this business for sale, click the Contact Seller button.


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