Village Post Office & Store | | Newtown Powys | | VILLAGE POST OFFICE & STORE - MID WALES Business to include all fixtures & fittings and equipment Desirable village location in Kerry, Powys, Mid Wales | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 67064
ADVERT IMPRESSIONS : 4,564 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Post Offices | | SALE: | Agent Sale | FREEHOLD: | £325,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | VILLAGE POST OFFICE & STORE - MID WALES
Business to include all fixtures & fittings and equipment
Desirable village location in Kerry, Powys, Mid Wales
Early interest and viewing is highly recommended
Large semi-detached freehold property
Advised annual turnover of £189,971
Desirable family village location
Post Office salary of £19,000pa
Benefits from alcohol licence
FREEHOLD
Location
This well respected Post Office and village store is situated in the desirable village of Kerry, Newtown. It's on the main A489 through road between Newtown (3 miles) and Church Stoke (8 miles). Its accessed via the A483 from Welshpool or Llandrindod Wells. At Welshpool you can take the A458 to Shrewsbury and from there you have the A5 and M54 which gives easy access to the M6 motorway. Kerry as a village is a great place to live and work and you get to feel the way of family village life, it boasts 2 schools, 2 pubs, village hall, church, chapel and 2 children's playgrounds and a hair salon.
Business History
Meridian Business Sales are privileged to offer to the market this well established village Post Office and store. The business has been established for over 60 years and has been in the careful hands of our client for the last 17 years. This superb concern is only being offered to the market due to our clients wish for a well deserved retirement. Our client informs us that the annual turnover for the retail sales is £189,971. The turnover is derived from selling newspapers, tobacco, bread, milk, general groceries, greeting cards, frozen foods, toiletries and chemistry goods. The Post Office salary stands at £19,000 per annum where they offer the usual services except, DVLA or passports. The business is owner operated and does not need any staff. During our clients ownership they have made it into a lovely family home and have continually invested in new equipment and fixtures and fittings which are all included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. We believe that there is still potential to increase turnover by opening Saturday afternoon and Sundays or by knocking through and extending the retail sales area. Early viewing is highly recommended as this business cannot be missed.
Financial Profile
Turnover: £189,971pa
Gross profile: 22%
Newsheet: £550pw
Post office salary: £19,000pa
Stock approximately: £10,000
Tenure
We are advised freehold
Opening Hours
Post office
Monday: 9:00am - 5:30pm
Tuesday: 9:00am - 5:30pm
Wednesday: 9:00am - 1:00pm
Thursday: 9:00am - 5:30pm
Friday: 9:00am - 5:30pm
Saturday: 9:00am - 12:30pm
Sunday: Closed
Retail
Monday > Friday: 6:45am - 6:00pm
Saturday: 6:45am - 12:30pm
Sunday: Closed
Accommodation
Village Post Office and store situated in the village of Kerry, briefly comprising of:
GROUND FLOOR - Retail shop with 2 x position Post Office counter, retail sales counter, sales and display shelves, dairy fridge, freezer, drinks chiller and 2 x ice cream fridges plus store room.
Dining room with storage cupboards and a safe room off it, kitchen with breakfast bar, lounge with electric fire, sitting room with multi fuel burner (the whole property has oil fuel central heating), bathroom with bath, toilet and wash basin, utility room with boiler, stock room and 2 x store rooms with a further 2 x store rooms above (could be converted into further living accommodation or extension to the retail).
FIRST FLOOR - Shower room with shower cubicle, toilet and wash basin
Double bedroom with 2 x fitted wardrobes
Double bedroom with 2 x fitted wardrobes
Master bedroom
Single bedroom
EXTERNAL - Side driveway with parking for 3
Rear garden with decking and patio
| | | | | | FOR SALE | | | | | REFERENCE: | 2726 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
