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High Percentage Margin Post Office For Sale

Heanor, Derbyshire
Asking Price:
£129,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£91,600
Net Profit:
£64,400

*****Breaking News*****

The opportunity has arisen to purchase the freehold in addition to the business.

Freehold circa £100,000. Total cost for property & very well established PO £229,000

Annual return from property investment of 7.2% based on current Post Office Rental payments.

MUST ACT QUICK BEFORE PROPERTY GOES TO AUCTION.

***********************

For Post Office alone, with 20+ year lease, offers over £129,000 will be considered for buyer in position to move swiftly.

All Post Office payslips available following initial meeting and viewing.

Outstanding mains model Post Office, having recently benefited from a £50,000+ refurbishment program and being located in a very busy Derbyshire town.

Post Office income in excess of £71,000 p.a. and growing. Offers full mains Post Office services, including external ATM & AEI machine.

Recently introduced low key retail trade generating £4,800 per annum with scope for much much more. Also has ongoing rental Income of £5,200 p.a. from a self-contained 1 bed flat with off road car parking space.

Currently run under management, with minimal input from the current owner. If Owner Couple managed, readjusted net profits looking would be circa £64,400.

Must be viewed!

If interested, please contact the seller through the form on this page.

Property information

Property:

Freehold

Living Accommodation:

1 bedroom flat, currently let.

Location:

Located on side road off busy Market Square

Premises Details:

4 Counters

Business Operation

Expansion Potential:

Increased Retail Opportunities

Competition / Market:

None

Reasons for selling:

Other business interests in Lincoln

Trading hours:

Monday 8.30 - 17.30
Tuesday 9.00 - 17.30
Wednesday 9.00 - 17.30
Thursday 8.30 - 17.30
Friday 9.00 - 17.30
Saturday 9.00 - 13.30

Employees:
4
Years established:
25+

Other Information

Support & training:

Full training offered by Post Office pre take over and onsite support once completed.

Furniture / Fixtures value:
£50,000 - included in the asking price
Inventory / Stock value:
£2,000 - included in the asking price
Post office salary:
£71,000 per annum

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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