Overview
Wyvern Stores is a well-established and profitable convenience store and post office trading from a prominent position on the main high street in Wivenhoe, Colchester. The business has been successfully operated by the current owners for twelve years and is now offered for sale due to retirement, presenting a genuine turnkey opportunity for an incoming operator, whether an individual entrepreneur or an expanding retail group.
The sale encompasses all aspects of the business, including its established brand, a loyal and growing customer base, an experienced team of five staff, and a busy Post Office contract that drives consistent footfall into the store. The business also operates mobile post office services to local village locations, further broadening its reach and revenue base.
Business Highlights
- Turnover of approximately £176,000 in the most recently reported year, with consistent performance across prior years
- Multiple robust revenue streams including convenience retail, eco refill products, groceries and household essentials, and a busy instore Post Office
- Post Office contract includes ten outreach post offices and two mobile post office services operating across local villages
- Twelve years of established trading with a loyal local customer base and longstanding supplier relationships on preferred terms
- Experienced and dedicated team of five staff in place, supported by documented operational procedures and training manuals
- High quality leasehold fitout with modern low energy lighting and equipment, requiring no further investment from an incoming operator
- Stateoftheart point of sale and inventory management system, together with internal CCTV, already installed and operational
Location
Wyvern Stores is situated on the main high street in Wivenhoe, a thriving residential riverside town within the Colchester district, with an immediate population of over 7,600 people that continues to grow year on year. The store occupies a high-visibility position in a high-traffic area and benefits from its proximity to the main railway station and the popular quay front, both of which generate strong repeat passing trade. A free public car park in the town centre provides convenient access for customers arriving by vehicle.
Premises & Tenure
The business trades from a single-storey leasehold premises offering 473 square feet of well-presented retail space, fitted with a comprehensive range of freestanding and wall-hung shelving units. The post office area features a secure two-counter configuration with a dedicated safe room. The vendor has invested significantly in the fit-out, including the introduction of modern low energy lighting and equipment, creating a warm and welcoming environment throughout. The premises is available by way of lease assignment or a new lease to be agreed with the landlord.
Next Steps
Wyvern Stores represents an exceptional opportunity to acquire a well-run, multi-revenue convenience store and post office in a growing riverside community, offered with a complete operational infrastructure and an experienced team already in place. Interested parties are invited to contact Goodwins Business Brokers to register their interest and arrange further discussions. Full details are available in the Information Memorandum.
