Established Post Office And Convenience Store In Cumbria | | Mirehouse Cumbria | | Post office and convenience store Mirehouse, Whitehaven, Cumbria T/O: £700,000 GP: 20% Scope to increase turnover Loyal customer base | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 59211
ADVERT IMPRESSIONS : 6,738 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Post Offices | | SALE: | Agent Sale | FREEHOLD: | £374,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
M & J McDowell Ltd occupies ground floor lock-up premises ideally located in the centre of a busy residential area in Mirehouse, Whitehaven. The premises are close to the local amenities and benefit from ample on street parking. The business has easy access to the local A-road network and there is a regular bus service running through the area. The railway station is approximately a mile and half away and Whitehaven town centre is only two miles to the north.
Business History
Preferred Commercial is pleased to offer for sale this busy Post Office and convenience store, which was established by our clients in 1958 and is only now being offered for sale due to our clients' wish to retire. The premises benefit from being the only Post Office in the area with much repeat trade from the local community. The store is well equipped to suit the trade with a spacious shop floor with 2 aisles, 2-position Post Office counter and a fully shelved store room. Our clients currently stock a variety general CTN lines along with alcohol and tobacco products and offer Lotto, ATM and Pay Zone services. The store trades 7 days a week, which generates a turnover in the region of £700,000 per annum with a gross profit 20%. We feel the turnover could be further increased by extending the range of alcohol products available and also introducing hot and cold snacks for sale. The new owner could, if desired, establish a marketing campaign, which would further enhance the business. There is also scope to extend the opening hours to 9.00pm each evening which would result in a further 24 hours trading per week. This is an ideal opportunity to acquire an already busy Post Office and convenience store which has further potential and a loyal customer base. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £700,000 approx.
GP: 20%
Post Office Salary: £46,388 per annum
News sheet: £2,300
Lottery: £6,500
Opening Hours
Mon - Tue: 5:30am to 6:00pm
Weds: 5:30am to 7:00pm
Thurs - Fri: 5:30am to 6:00pm
Sat: 5:30am to 7:00pm
Sun: 5:30am to 1:00pm
Accommodation Details
Ground floor lock up Post Office and convenience store premises with CCTV and air conditioning. Briefly comprising:
Ground Floor
• Spacious shop area with 2 aisles, newspaper and magazine displays, alcohol display refrigerator, dairy refrigerator, greetings cards display, ATM, serving counter with EPOS system, Lotto terminal and tobacco gantry to rear
• Post Office counter with 2 x serving positions and associated equipment
• Large store room with shelving, dairy refrigerator and ice cream freezer
• Kitchen with sink unit
• WC with wash basin
• Office with desk, chair and shelving
External
• Free on-street parking
Tenure
Long Leasehold
Original length: 999 years
Ground rent: £1 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2215 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
