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Preston - Post Office And General For Sale

Preston, Lancashire
Asking Price:
£499,950 Furniture / Fixtures included
Turnover:
£795,000
Net Profit:
Available on request

Excellent Village Location
WT Approx £15,000 & GP 25%
4 Bedroom Accommodation
Post Office Salary £16,000
Very Well Presented / Rising Sales
EPC - F

Blacks Brokers are delighted to bring to the market this very well established Post Office and newsagents with living accommodation in the pleasant village of Goosnargh in Preston, Lancashire. Goosnargh itself is situated between Broughton and Longridge.

Goosnargh Stores & Post Office operates from premises that have traded as a similar business since the 1960s and possibly dating back further. Our client, already familiar with the local area, purchased the business and property in 2012 as a family business venture and long term investment, and undertook an upgrading the frontage of the property and rebranding of the business. Despite the continued success and profitability of the business, as can be seen from the financial information detailed, a change in family circumstances led to a reluctant decision place the business and property on the market. Further financial details and accounts can be made available to interested parties upon a viewing appointment.

The premises has a use class of A1 (Shops) together with substantial self-contained domestic living accommodation which includes 4 bedrooms and a balcony sun terrace with outstanding views to the rear. The ground floor is split to consist of a brightly lit retail area and store room with the remainder of the property for domestic use.

The business enjoys regular and loyal trade from the local community together with a good deal of passing trade and generates a healthy gross profit of 25% and a healthy Post Office salary. The store and Post Office operate with three full time and three part time staff, and there are five weekday and weekend newspaper delivery rounds. There are also 650 new homes being built in the local area that have been passed for planning, with 150 in the first phase underway.

Goosnargh Stores & Post Office, together with the very well presented and substantial domestic accommodation, is a highly desirable and profitable business. Together with rising sales and its pleasant village location, this business and property is ideal for a family looking to continue the longstanding trading heritage. For viewings or further information, please contact our helpful staff at your earliest convenience.

Property information

Property:

Freehold

Business Operation

Trading hours:

MON: 06:00 - 21:00
TUE: 06:00 - 21:00
WED: 06:00 - 21:00
THU: 06:00 - 21:00
FRI: 06:00 - 21:00
SAT: 06:00 - 21:00
SUN: 06:00 - 21:00

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