Very busy well established Post office and Convenience Store in a busy area ,next to other local businesses with ample of free car parks for customers. High foot falls.
High turnover Approx. 700-800 k per annum and 2/3k post office commission per month with low overheads .(Rent only £1032.5 PCM for both post office and convenience store).
CCTV cameras ,spacious stockroom, Bathroom for staff, front and back door access.
Reason For Sale:
Relocation
THE OPPORTUNITY:
- Busy location
- Ideal for new entrant or existing operator
- Further income could be generated by increasing opening hours
Location:
- Busy town only 16 minutes drive to Plymouth.
- The store enjoys an excellent location next to the local businesses with free parking for customers, attracting significant traffic.
- The surrounding residential area provides a strong customer base, and the presence of various next door local businesses which enhances the potential for high footfall.
Turnover:
-The weekly counter sales on average are £15000. In addition to this, the post office generates circa £2000/£3000 in commission per month.
INTERNAL:
- New CCTV cameras with whole coverage of convenience store and post office with front counter screen.
- Spacious stock room
- Separate wall for convenience store and post office and single entrance via convenience store which increase the sale of convenience store.
- Spacious room for post office side for stationery and post cards and potential to add more into it.
EXTERNAL:
- Double access for staff front and back ,with car parks on back for staff and stock delivery.
- Car parks directly out of shop offering convenience for customers.
- Plenty of local businesses next door makes the store with high foot falls.
STAFF:
The business is run and managed by the owner and 4 part-time staff.
The post master is the owner and happy to stay if the buyer needs time to get their license to become a post master.
TENURE:
The current lease is with Plymouth Community Homes(PCH) which makes the business more reliable in terms of lease compare to private owners , and got 2 years remaining in the existing assignment and is renewable after 2 years with PCH.
RENT:
£12390.00 per annum for both post office and convenience store.
LEGAL COSTS:
- Each party to be responsible for their own legal costs in connection with the sale.
- Land lord's legal fees are to be shared equally between the buyer and seller.
DEPOSITS:
Successful buyer(s) will require to pay a non-refundable deposit of 10%
