Post Office And Convenience Store In Gloucestershire | | Stroud Gloucestershire | | Post Office & Convenience Store Stroud, Gloucestershire T/O: £633,000 GP: 27% PO Sal: £45,000 Rural village location 5-bedroom owners' accommodation Scope to develop further | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 50119
ADVERT IMPRESSIONS : 10,069 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Post Offices | | SALE: | Agent Sale | FREEHOLD: | £725,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Eastcombe Stores and Post Office is located in the centre of this delightful village in Gloucestershire. The business is very much at the heart of the community and is surrounded by a large residential area. The village lies approximately 4.5 miles east of Stroud and boasts easy access via the A419. Junction 13 of the M5 motorway lies approximately 9 miles away.
Business History
Preferred Commercial is delighted to offer for sale this well-established Post Office and convenience store, which has been in our clients' hands since 2006 and which is only now being placed on the market due to their wish to retire. The business is run at a pace to suit our clients' lifestyle and generates a healthy turnover in the region of £633,000 per annum with a gross profit of 27% and a Post Office salary of £45,000 per annum. The turnover is derived from the sale of general convenience lines and newspapers and magazines. There is scope for a new owner to increase turnover by perhaps, expanding the newspaper delivery rounds, which are currently limited to within 6 miles, and by extending the opening hours. Our clients have invested in all new chiller equipment and ice cream freezer at a cost of £17,000 and no further investment should be required for some considerable time. There is a spacious 5-bedroom house attached offering quality family accommodation. We feel this offers an unique opportunity to acquire a thriving business in such a sought after area and with scope for further growth. Early discussions with Preferred Commercial must come highly recommended.
Financial Details
T/O: £633,117 approx.
GP: 27%
P/O Sal: £45,000 per annum
Lottery: £2,200 per week
Newssheet: £2,500 per week
Opening Hours
Mon - Sat: 6.00am - 8.00pm
Sun: 8.00am - 1.00pm
Accommodation Details
Single storey shop premises attached to a large 2-storey 5-bedroom property, located on the village green and benefiting from security alarm system and CCTV. Briefly comprising:
Ground Floor
• Main sales and display area extending to approximately 1,200 sq ft and air-conditioned, fitted to suit trade with 2-position Post Office counter, ATM, bake off oven, hot food cabinet (new, free on loan), large counter area with confectionery display, cigarette gantry 2-position EPOS tills, Paypoint and Payzone, 3.75-metre wine and beer chiller, 5-metre fresh provisions chiller, Maxi-Vision ice cream cabinet, perspex multi-tower news stand, 2.5-metre magazine gantry, 2 x greetings card stands, purpose-built fresh bread stand, various display racking and shelving to suit
• Large store room to side
Living Accommodation:
• Kitchen with a range of fitted wall and base units
• Lounge with doors to rear garden and superb views over the countryside
• Sitting/dining room
First Floor
• 5 x bedrooms
• 2 x bathrooms with corner spa bath, WC and wash basin
External
• Small gardens to front and rear
• Shop frontage with seating area and post box
• Owners' parking area
Tenure
Advised freehold
| | | | | | FOR SALE | | | | | REFERENCE: | 1808 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
