Mailbox Estates presents a well-presented town centre Post Office with a High Remuneration of £110,000 per annum. This long-standing post office has excellent pedestrian foot flows within a well-established trading location.
The Opportunity:
• Town centre location
• Extendable trade hours
• Salary of £110,000 and rising from the busy footfall
• Ideal for full-time owner to maximise profits
Internal:
• Ground floor: sales area of approximately 156 sq. metres. (1,600 Sq. ft.)
• Five Post office counters, including 2 fortress counters, 2 open counters and 1 retail counter
• Stock room to rear
• Kitchen leading to W.C
Turnover:
• Annual Post Office Remuneration with £110,000 per year with much more potential to grow
• Weekly retail sales of £700 on average with high margins.
• Commission from National Lottery: £100 per month on average.
• Commission from photobooth: £500 per month on average.
Trading Hours:
• Monday -Tuesday, 9:30 a.m.–5:00 5:00pm
• Wednesday 10:00 a.m.–5:00 p.m.
• Thursday - Friday 9:30 a.m.–5:00 5:00pm
• Saturday 9:30 a.m.–1:00 1:00pm
• Sunday Closed
Staff:
• The Post Office is run by husband and wife with three part-time members (non-family)
Tenure:
• The site is offered by way of assignment of the existing lease until 2034. Option to renew at the end of the term.
• We have been advised the rent per annum is £23,000 with no increases since ownership in 2014.
Fixtures and Fittings:
• The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price. Any items that are owned by a third party or personal to our clients will be exempt.
• Double-door Coca-Cola Fridge
• Two-isle Shelving for stationary items
• 3-meter card stand
• 9-channel CCTV
• Lottery display units
Trading Information:
• Full accounts & Post Office Remuneration will be made available to seriously interested parties after they have viewed the business
Viewing Arrangements:
• Mailbox Estates highly advises early viewing to avoid disappointment.
• Discreet customer visits are encouraged but On no account should any direct approach be made to the vendor or any of it’s staff.
Business Rates:
• Purchasers should inquire with relevant local authorities to confirm the rates payable.
Deposits:
Successful applicants will be required to pay a non-refundable deposit.
Regulatory:
• Transfer of a Post Office appointment is at the sole discretion of the Post Office Network.
Legal costs:
• Each party is responsible for their own legal costs in connection with the sale.
• Landlord's legal fees are the vendor's and buyers responsibility. This will be shared equally and payable by both
