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Bolton - Post Office And Newsagents For Sale

Bolton, Greater Manchester
Asking Price:
£299,995 Furniture / Fixtures included
Turnover:
£311,133
Net Profit:
Available on request

• Post Office Salary £54,000 Per Annum
• EPOS & CCTV Systems, Aircon
• Weekly Takings £5,500
• 2 Bedroom Flat Rental Income £5200 Per Annum
• Beautifully Converted Mains
• EPC - C

REF 5641 – Freehold Post Office and Newsagents with Accommodation

Blacks Brokers are proud to bring to the market this freehold Post Office and newsagents business located in the much sought after area of Bolton, Lancashire.

INTRODUCTION

Chorley New Road Post Office has been trading for over 50 years with our client in ownership since 2006 and over that time it has firmly established itself within the local community and gained a large and loyal customer base.

LOCATION

Bolton is a popular and busy town in Greater Manchester. It lies close to Bury and Wigan, and is well linked by the M61 and M60. Bolton is a densely populated town with a busy town centre and many other businesses and shops. St Clares Terrace is positioned just off Chorley New Road – this is a busy main road leading through the Middlebrook and Lostock areas of Bolton into the town centre. It is well used by commuters, shoppers and local residents. Chorley New Road Post Office is located in a superb trading position, on a busy roundabout and the junction of Chorley New Road and Alexandra Road close to the Macron Stadium. There is free, roadside parking available outside the business.

REASON FOR SALE

Chorley New Road Post Office is only being offered for sale due to retirement.

BUILDING LAYOUT AND DESIGN

Chorley New Road Post Office is housed within the ground floor of a large, end of terrace unit on the corner of a busy junction. The business is branded with the usual Post Office signage, as one would expect. The glazed, single frontage is used to display offers for a selection of convenience items and alcohol sales. Inside, the business is well presented. The large retail area is well stocked with wall shelving, magazine racking and display fridges. The two Post Office counter positions are located at the rear of the shop floor with a separate counter for convenience sales.

On the first floor is a spacious, two bedroom accommodation. The accommodation comprises of two bedrooms – one single and one double, a large lounge, family bathroom and fully fitted kitchen. All areas are finished to a high standard..

STAFF

Chorley New Road Post Office is currently operating with two part time staff running the post office and 2 part time early morning staff. In addition there are 3 delivery drivers. The Vendors currently work Part time Thursday, Friday, Saturday and Sunday Morning.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and Chorley New Road Post Office has traded solidly over its trading history. Post office salary is £54,835 per annum for this branch and the shop generates weekly takings of £5,500. All customers are from the local area as one would expect.

SUMMARY

This freehold business is a refreshing mix of a Post Office business and newsagents with alcohol licence and it delivers impressive weekly takings from multiple income streams. There is plenty of scope to develop the business further with the addition of an expanded product range, hot food sales and longer opening hours to take advantage of alcohol sales. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised and are welcomed by appointment only.

Property information

Property:

Freehold

Business Operation

Trading hours:

Mon - Fri - 5am - 6pm
Sat - 5am - 1pm
Sun - 5am - 12pm

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