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Freehold Post Office/Newsagents Two Flats Included For Sale

Alfreton, Derbyshire
Asking Price:
£275,000
Turnover:
£298,156
Net Profit:
Available on request

Business
There has been a newsagents come general store on this site since 1902; although the current owner has been running the business successfully for the last 12 years and is reluctantly selling only due to his wish to pursue other interests.

The business is well known and well regarded locally and really is the heart of the community with many of the customers being known to the owner on a first name basis.
It is a lovely vibrant store with masses of existing and regular customers.

The business sells magazines, papers, tobacco products, wine, beers and spirits, general groceries along with fresh fruit and vegetables. The business also includes a ‘local’ post office.

Room for improvement:
Website to extol products and services provided.
Extend the opening hours particularly to later in the evenings.
Advertising and marketing campaign.
Maximise the use of social media.
Consider introducing a loyalty scheme/card.
Offer a delivery service, many older customers locally who would benefit.

Location
Alfreton is a town and civil parish in Amber Valley, Derbyshire adjoining the Bolsover and North East Derbyshire districts. Alfreton town centre is a busy urban centre with a number of national chain stores along with independents and charity shops with a large branch Of Tescos.

The area has a heavily used and extensive road network, in particular the arterial A61 and A38, the latter linking to the nearby junction 28 of the M1 motorway. The town has an extensive bus service and the business is a short drive from Alfreton train station.

The business is prominently situated in a main road position and is well signed and benefits from high levels of footfall and passing trade as well as many regular customers. There is free on street parking just around the corner of the business and a further lay by further on down the road.

Premises
Alfreton is a town and civil parish in Amber Valley, Derbyshire adjoining the Bolsover and North East Derbyshire districts. Alfreton town centre is a busy urban centre with a number of national chain stores along with independents and charity shops with a large branch Of Tescos.

The area has a heavily used and extensive road network, in particular the arterial A61 and A38, the latter linking to the nearby junction 28 of the M1 motorway. The town has an extensive bus service and the business is a short drive from Alfreton train station.

The business is prominently situated in a main road position and is well signed and benefits from high levels of footfall and passing trade as well as many regular customers. There is free on street parking just around the corner of the business and a further lay by further on down the road.

Tenure
We are advised Freehold.

There are no business rates currently payable.

Hours
Monday to Friday 5.30am to 6pm
Saturday 6am to 5pm
Sundays 6am to 1pm

Staff
The business is owner managed with the help of three-part time staff members.

Financial Profile
The business has a turnover of approximately £280,000 per annum and a Post Office salary of approximately £19,000.

The business has a particularly impressive news bill of approximately £1200 per week.

Property information

Property:

Freehold

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