Prominent Village Location
Accounts Available Year End 5th April 2021
Annual Turnover £73,282
Gross profit £58,066
Accounts Available After Viewing
Newly Renovated Accommodation
New Lease To Be Negotiated
Scope To Extend Range Of Services Offered
EPC - TBC
REF 7800 – Leasehold Post Office & Accommodation
Blacks Brokers are pleased to bring to the market this leasehold Post Office & accommodation located in Rotherham, South Yorkshire.
Thurnscoe Post Office was established in this busy and densely populated area of Thurnscoe in 2012 and our client took ownership in 2018. The business is very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation.
Thurnscoe Post Office occupies a main road trading position within a busy parade of shops. The area is densely populated residentially and there are also a number of schools and other amenities nearby. The area is well linked by the M1 and A635 with very strong public transport links and parking is available immediately outside.
REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s retirement plans the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. A new lease will be negotiated with our client – this will run at a cost of £12,000 per annum.
The business operates with two members of staff in employment supporting our client working on a full time basis.
Thurnscoe Post Office has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 5th April 2021 show that the business has an annual turnover of £73,282 and a gross profit of £58,066. Full financial information is available upon request.
Purchasers should enquire with relevant local authorities to confirm the rates payable.
This well established business occupies an enviable trading position in a bustling residential area of Rotherham. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new product lines and a strong marketing drive. A new owner may also look to utilise social media and other online resources. 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.