Freehold Successful Village Post Office With Superb Lifestyle Opportunity | | Undisclosed Norfolk | | NORFOLK FREEHOLD VILLAGE POST OFFICE OFFERING SUPERB LIFESTYLE OPPORTUNITY Located in delightful & thriving village Wonderful community store A/T: Circa £47,250 GP: 23% PO salary: £16,000 Detached 1 double bed bungalow Scope to increase turnover further F/H: £220,000 +SAV REF: 9714NR | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 50910
ADVERT IMPRESSIONS : 14,409 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Post Offices | | SALE: | Agent Sale | FREEHOLD: | £220000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Located in a delightful and thriving Norfolk village, south of Norwich
• In the heart of a main residential area, and within a mile of the A140 trunk road
• Ample customer parking to the front of the building
• Close to mainline stations to London and to Norwich International Airport
HISTORY
• Established as a Post Office in the 1980s
• Purchased by vendors in 2003
• Subject to a substantial refurbishment in 2004
• Ongoing programme of maintenance to property which is in excellent order throughout
REASON FOR SALE
• Retirement
PRODUCTS
• Stationery
• Newspapers and magazines
• General groceries
• Fruit and vegetables
• Frozen foods
• Alcohol
• Cards
• Confectionary, sweets and ice creams
SERVICES
• Post Office counter service covering most services (not vehicle licences)
• Full Parcelforce agent
• Dry cleaning agency
• Photocopying
CUSTOMERS
• Villagers and locals
• Local businesses
• Very much at the heart of the community
SUPPLIERS
• Wide range of local wholesalers
• Products sourced locally wherever possible
STAFF
• Run by husband and wife team
• Could be run by one person
TRADING HOURS
• Mon to Fri 8am to 5.30pm (1pm Wednesday)
• Saturday 8am to 12.30pm
FINANCIALS
• Turnover 2010 circa £47,250
• Turnover 2009 circa £48,756
• Gross Profit Margin 23%
• Post Office Salary circa £16,000 per annum
OVERHEADS
Staff holiday cover Circa £779
Gas/Electric Circa £1,206
PREMISES
• A detached bungalow and village Post Office maintained to an excellent standard inside and out
Shop
• 1 open counter position (part of a combined counter)
• Racking and shelving throughout appropriate to trade
• 3 refrigerators
• 1 Freezer
• 1 Ice cream freezer
• Office
• Secure room
• Photocopier
• Gravelled customer parking to front
Bungalow
• Entrance lobby
• Kitchen
• Lounge /dining room with multi-fuel stove
• Bathroom
• Double bedroom with fitted wardrobes
• Delightful garden
• Storage shed to rear
STRENGTHS
• Established business with benefit of regular Post Office salary
• At the very heart of the community and well supported
• Modern and well maintained requiring no investment beyond consideration price
• Reliable financial performance
• Sunday and evening opening
• Introduction of newspaper round
• Introduction of additional product lines
• Community activities
TENURE
• Freehold
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 9714NR / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
