Post Office & Newsagents In Worcester | | Worcester Worcestershire | | T.O: £255,000 GP: 20% P?O Sal; £24,000 Run at pace to suit Same owners 24 years Popular residential area | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 45613
ADVERT IMPRESSIONS : 9,391 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £29,995 | ANNUAL RENT: | £3,936 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Dines Green Post Office is ideally located in a busy parade of shops in the heart of a densely populated residential area on the outskirts of Worcester. The business benefits from much passing trade and a high daily footfall. There is ample free on-street parking in the vicinity. The centre of Worcester lies approximately 2 miles to the east of the business. Junction 7 of the M5 motorway is approximately 5 miles away.
Business History
Preferred Commercial is pleased to offer this well-established Post Office, which has been in our clients' hands since 1965 and which is only now being placed on the market due to their wish to retire. The business also operates as a newsagents generating a turnover in the region of £255,000 per annum with a gross profit of 20% and a Post Office Salary of £24,000 per annum. The business is currently run at a pace to suit and offers a new owner huge scope to increase turnover by perhaps, expanding the retail area into the rear store room, extending the opening hours and introducing the Lotto. We feel this represents an ideal opportunity to acquire a well-established community Post Office and newsagents with scope for future growth. Early viewing must come highly recommended.
Financial Details
T/O: £255,000 approx.
GP: 20%
P/O Sal: £24,000
Newssheet: £1,000 per week
Opening Hours
Mon - Fri: 6.00am - 6.00pm
Sat: 6.00am - 7.00pm
Sun: 6.00am - 2.00pm
Accommodation Details
Ground floor lock-up retail premises situated in a parade of complementary shops and businesses. Briefly comprising:
Ground Floor
• Main sales and display area fitted to suit trade with 2-position Post Office counter with standard security, retail area with 'Pepsi' display chiller, magazine display shelving, greeting card racks, small selection of toys, 2 'Walls' freezers, confectionery display, counter area with newspapers display, electronic cash register and cigarette gantry behind
• Store room
• Small kitchen area
• WC
External
• Pedestrian parade
• Ample on-street parking
Tenure
Leasehold
Original length: 7 years
Remaining: 3 years
Review: every 7 years
Rent: £328 per month | | | | | | FOR SALE | | | | | REFERENCE: | 1667 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
