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Busy Post Office And Convenience Store For Sale

Rotherham, South Yorkshire
Asking Price:
£525,000
Turnover:
£436,800
Net Profit:
Available on request

Business

Hilton Smythe welcomes to the market The Post Office, Far Lane, Rotherham.

This long established business has been run by the same family for over 17 years becoming a hot spot for local trade servicing the surrounding community and beyond. Providing postal services and a well-stocked convenience store.

The post office receives a commission for services rendered and has remained very busy throughout the current vendors stewardship.

The shop stocks food and provisions to include all the local household staples and much more including newspapers and magazines a large range of frozen foods, an extensive wine and alcohol section, tobacco and a well-stocked range of confectionary, crisps and ice cream. The business is laid out in a traditional row format with fridges and display counters situated around the perimeter of the site.

The site also has a lottery machine and parcel collection service.

The business offers the opportunity for a new operator to extend and diverse the food and provisions offering further product lines. Creating a more active web and online footprint as well as introducing local deliveries for the large residential population surrounding the site.

Location
The business is located in the large town of Rotherham, South Yorkshire.

The post office and convenience store is surrounded by residential dwellings and is well supported by the local community.

Easily accessible by the main routes in and out of the town. The site has the benefit of on street parking to the front of the building as well as along Far Lane.

The local bus stop is conveniently situated to the front of the business.

Premises
The business is located in the large town of Rotherham, South Yorkshire.

The post office and convenience store is surrounded by residential dwellings and is well supported by the local community.

Easily accessible by the main routes in and out of the town. The site has the benefit of on street parking to the front of the building as well as along Far Lane.

The local bus stop is conveniently situated to the front of the business.

Tenure
We are advised the business is being offered on Freehold/Leasehold with the asking rent to be in the region of £12,000 per annum.
Our clients would also consider a Freehold purchase option on the site.

There are currently no rates payable on the business.

Hours
The opening hours are currently 7am to 8pm seven days a week.

Staff
The business is run and managed by the current vendors with the assistance of 3 x part time staff.

Financial Profile
We are advised the business is currently turning over in the region of £442,000 per annum
There are no rates payable on the business.

Post office salary/commission is £37k per annum.

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