Leasehold Post Office And General Convenience Shop | | Worcester Worcestershire | | LEASEHOLD POST OFFICE AND GENERAL CONVENIENCE SHOP - WORCESTERSHIRE 2 Post Office counters with sizable convenience store Advised turnover £5,500 PW with £28,000 PO salary | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 31230
ADVERT IMPRESSIONS : 12,413 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Post Offices | | SALE: | Agent Sale | LEASEHOLD: | £49,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LEASEHOLD POST OFFICE AND GENERAL CONVENIENCE SHOP - WORCESTERSHIRE
2 Post Office counters with sizable convenience store
Advised turnover £5,500 PW with £28,000 PO salary
Situated in a densely populated area of Worcester
Very well presented and well appointed property
Early viewing essential to fully appreciate
Ideal lifestyle change opportunity
Scope for further development
LEASEHOLD
Location
This superb business opportunity has an ideal trading location in the St John's area of Worcester, Worcestershire. The business sits within a row of commercial style properties situated in a very densely populated residential area. The shop benefits from the neighbouring commercial businesses and retailers as it brings shoppers and visitors to the location throughout the year. The business also benefits from being situated in a densely populated residential area as there is a mass of local trade within a short travelling distance. Worcester is a truly beautiful city and a highly desirable business and residential location. The city is surrounded by glorious landscapes, charming historic towns and villages with a rich history of culture and architecture. The city and county have a wealth of fascinating, beautiful and exciting places to visit, from the majestic cathedral on the banks of the River Severn to Royal Worcester Porcelain's Museum. Just beyond the city are more delightful places, from the glorious hills and natural springs at Malvern to Elgar's Birthplace Museum. Worcester also benefits from being situated just off the M5 motorway which makes visiting and commuting very easy.
Business History
Meridian Business Sales are delighted to offer for sale this exceptional general convenience store and Post Office which has a proud history dating back to 1955. Since the 1960s the business has been owned by our client and they are only now placing it onto the market due to their strong desire for retirement. The business which is run and managed by our client and the assistance of staff achieves a very respectful advised weekly turnover of £5,500 which is derived from the sale of a fine selection of general convenience style goods, publications, fancy goods, foods and drinks. The property also has fully fitted 2 Post Office counters with an additional advised salary of £28,000 PA. This business is extremely stable and has been in our client's family for many years. The shop has always enjoyed excellent levels of repeat trade with many of the customers visiting for many years. Our client has gone to considerable expense and effort on the properties presentation and as the business is being sold with all fixtures and fittings it's a huge plus for a new owner as additional fund will not need to be spent for the foreseeable future. We feel that this business offers a new owner an excellent base to build upon and we urge early interest in this charming shop and post office.
Financial Profile
Turnover: £5,500pw, Gross profit: 19%
Post Office salary: £28,000pa
Stock approximately: £6,000
Tenure
Leasehold - Original length: 10 years
Remaining: 5 years
Rent: £328.41pcm
Opening Hours
Monday: 4:30am - 7:00pm
Tuesday: 4:30am - 7:00pm
Wednesday: 4:30am - 7:00pm
Thursday: 4:30am - 7:00pm
Friday: 4:30am - 7:00pm
Saturday: 4:30am - 7:00pm
Sunday: 4:30am - 2:00pm
Accommodation
Well presented single storey convenience store with fully fitted and regulated Post Office, briefly comprising:
GROUND FLOOR
Full roller shutter security with large front window (excellent advertising space). Secure front entrance leading to an open plan retail area and 2x fitted Post Office counters plus large parcel hatch (fully equipped to UK Post Office regulations), magazine and paper displays, general convenience display, sweet and confectionary display, payment counter with rear cigarette display, medicine display, additional confectionary displays and cash register. Free standing displays, card and gift displays, crisp displays, drinks display chillers, chest food and ice cream display. Behind counter private area with storage space, storage cupboard. Kitchenette with cupboards, worktops and wash basin, toilet and rear fire exit door
EXTERNAL
Free front communal parking
Row of commercial style shops
Densely populated residential area | | | | | | FOR SALE | | | | | REFERENCE: | 1988 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
