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Post Office And Convenience Store In Cumbria

Penrith Cumbria
Post Office/Toy Shop T/O: £200,000 GP: 24% P/O Sal £11,500 pa Delightful village location 3-bed owners' accom Multi-faceted business Scope to develop further
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 62853
ADVERT IMPRESSIONS : 8,534 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Post Offices
SALE: Agent Sale

FREEHOLD:

£244,950
 

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BUSINESS DETAILS:

Location
Plumpton Post Office and A6 Toys is situated in a delightful rural location between Penrith and Carlisle in Cumbria. The business occupies a monopoly trading position and benefits from much passing trade from being situated on the busy A6. The desirable, affluent village lies just 3 miles from junction 41 of the M6 motorway, while Penrith is approximately 4 miles to the south and Carlisle 12 miles to the north.

Business History
Preferred Commercial is delighted to offer for sale this popular village Post Office, convenience store and toy retailer, which was established in 1952 and which has been in our client's careful hands since 2000. The business is only now being placed on the market due to our client's wish to retire. The store stocks a good range of convenience items and offers general Post Office services. Over the past 11 years our client has built up a thriving toy sales business. The business generates a turnover in the region of £200,000 per annum with a gross profit of 24% along with a Post Office salary of £11,500. The premises benefit from spacious 3 bedroom owners' accommodation with a large open-plan kitchen and conservatory. A new owner could increase turnover by perhaps extending the range of convenience items, offering sandwiches and beverages and there is potential to create a seating area to the front in the summer months. There is a web site in place for the toy side of the business, which could be developed further to offer on-line ordering. We feel this represents an ideal opportunity to acquire a well-established and thriving business in such a delightful location. Early viewing must come highly recommended.

Financial Details
T/O: £200,000 approx.
GP: 24%
P/O Sal: £11,500 per annum

Opening Hours
Mon - Fri: 7.00am - 6.00pm
Sat: 7.00am - 4.00pm
Sun: 8.00am - 12.00pm

Accommodation Details
Substantial semi-detached property, situated on a main road in a delightful village location. Briefly comprising:

Ground Floor
• Main sales and display area with Post Office counter, 2 x upright refrigerators, confectionery display, display chiller, stationery display, retail counter with cigarette gantry, newspaper and magazine racking and alcohol display
• 2 x large toy display area
• Stockroom
• Lounge
• Large open-plan kitchen
• Dining room
• Conservatory

First Floor
• 2 x double bedrooms
• Single bedroom (currently used as an office)
• Family bathroom

External
• Small forecourt to front
• Yard to rear

Tenure
• Advised freehold
   
  FOR SALE
   

REFERENCE:

2445 / RightBiz
   
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