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BUSINESS REFERENCE : 1013 / RightBiz FREEHOLD POST OFFICE & CONVENIENCE STORE OFFERS INVITED | | | | | | Phoenix Business Agents are proud to place onto the market this Post Office and Convenience store which has been established for over 40 Years. Our clients who are a husband and wife team have been operating the business since 2005 and now wish to sell due to ill health hence reluctant sale. | | | BUSINESS LOCATION: | Northampton Northamptonshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | FREEHOLD: | £0.00 | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
This post office/convenience store enjoys a superb rural location in the beautiful Northamptonshire countryside. It is situated in a peaceful and tranquil village setting and offers an excellent lifestyle business. It is an affluent and friendly village and is the only post office which services all the local villages.
Northampton lies only 15 minutes drive away and Milton Keynes 12 miles, and the area is very well serviced by the M1 motorway.
BUSINESS DETAILS
Phoenix Business Agents are proud to place onto the market this Post Office and Convenience store which has been established for over 40 Years. Our clients who are a husband and wife team have been operating the business since 2005 and now
wish to sell due to ill health hence reluctant sale.
The business enjoys a monopoly in the area for both a post office and a convenience store and has enjoyed much success. Our clients work on a part time basis and the business employs 4 part time staff, who will be willing to stay on at the business after sale.
The post office itself which has a salary of £25,000 is not part of the cut backs being made by royal mail, hence this business is safe. The business also enjoys an excellent turnover in excess of £450,000 with a gross profit of approximately 33%.
There is potential to increase the turnover of the business. The lottery has been applied for and pay zone has just been introduced which will have an excellent impact on turnover and profits. The business hours could also be extended. Owner operators will save on wages.
This very easily run business also benefits from an income from the 3 bedroom flat at £700 per month.
As well as convenience products, the business also provides an off licence, newspapers/magazines, cards, ice creams and fresh bread (it is indeed a mini supermarket). The premises include the shop which is approximately 1100sq ft in total along with a 3 bedroom character accommodation, with a separate garden, which presently has tenants. It has a stunning lounge and is ideal for a couple or a family. The premises could be extended further as there is ample space to the rear of the building.
Our clients would be available for a business familiarisation period if required.
This is a superb opportunity to purchase a lifestyle business with freehold property and living accommodation, in a wonderful area and Phoenix recommend an early viewing.
FINANCIAL DETAILS
Turnover: £450,000 per annum (Approx.)
Gross Profit: 33% per annum (Approx.)
Net Profit: £50,000 per annum (Approx)
Rental Income: £8,400 per annum (Approx)
Post Office Salary: £25,000 per annum
OPENING HOURS:
Mon – Fri: 06.00am – 8.00pm
Sat: 06.00am – 7.30pm
Sun: 07.00am – 1.00pm
PROPERTY DETAILS
This very attractive Cotswold stone building which has a modern yet old charm feel to it and has many original features.
Ground Floor
Large Stone building with entrance to main shop area
Main Counter area with off licence section
Fully racked and shelved
Attractive Display
Fridges for cold drinks & products
Newsagent area
Open plan shop
To the rear
Lower level to Post Office
Total display area of 1100sq ft (approx)
To the side
Store room
Large sorting office
Toilets
Kitchenette
Exit to patio
Separate entrance to flat
First Floor
3 Double bedrooms
Feature Lounge
Open plan Kitchen
Bathroom
External
Large store room to the rear
Separate gated entrance to rear
Large patio area
To the front
Main arterial road through the village
Garden to the rear | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | PHOENIX BUSINESS AGENTS | | CONTACT: | 0844 567 5016 | | REFERENCE: | 1013 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
