Superb Post Office & Convenience Store | | St Austell Cornwall | | SUPERB POST OFFICE & CONVENIENCE STORE - CORNWALL Advised annual turnover of £260,000 Ideal husband and wife opportunity | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 70438
ADVERT IMPRESSIONS : 10,620 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Post Offices | | SALE: | Agent Sale | FREEHOLD: | £379999 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | SUPERB POST OFFICE & CONVENIENCE STORE - CORNWALL
Advised annual turnover of £260,000
Ideal husband and wife opportunity
Situated in the village of Nanpean
Post Office salary of £13,000pa
Scope for further development
Repeat and regular trade
Recently refurbished
FREEHOLD
Location
This Post Office and convenience store is located in the village of Nanpean. Nanpean itself offers village amenities including public house, convenience store, post office and primary school. For more comprehensive shopping and schooling facilities the market town of St Austell is approximately four miles distance and includes an out of town supermarket, leisure centre and mainline railway station on the London / Paddington Penzance line. Local places of interest include the world famous Eden project, historic Port of Charlestown and the lost gardens of Heligan.
Business History
Meridian Business Sales are delighted to offer to market this superb Post Office and convenience store which has been established since 1897 and has been in the careful hands of our client since 2001. Our clients are reluctantly offering the business to the market due to unfortunate ill health. Since our client(s) took ownership of the business they have undertaken a full programme of refurbishment meaning that the business is in full walk in condition. Our clients inform us that annual turnover currently runs at £260,000 with a gross profit margin of 22% which is derived from sale of convenience style goods. In addition to the retail sales, the business has a post office salary of £13,000 per annum. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.
Financial Profile
Turnover: £260,000pa
Gross profit: 22%
Newsheet: £700
Post office salary: £13,000
Stock approximately: £7,000
Atm: £100pm
Tenure
We are advised freehold
Opening Hours
Monday: 7:30am - 10:00pm
Tuesday: 7:30am - 10:00pm
Wednesday: 7:30am - 10:00pm
Thursday: 7:30am - 10:00pm
Friday: 7:30am - 10:00pm
Saturday: 8:00am - 10:00pm
Sunday: 8:30am - 12:30pm
Accommodation
Well presented single storey detached store with separate end of terrace owners' accommodation, briefly comprising of:
Detached Store
Secure entrance leading to open plan sales area with display shelving, island displays, 2 x fridges, 2 x chest freezers, alcohol displays, newspaper/magazine displays, DVD's, Post Office counter and payment counter with EPOS system and Paypoint. The business also offers a range of hot food and drinks.
Owners' two storey end of terrace property
GROUND FLOOR
Secure entrance leading to:
Large lounge
Fully fitted kitchen
Dining room
Utility room
Toilet with wash basin
Access to basement leading to the games room
FIRST FLOOR
1x single bedroom
2x double bedrooms
1x double bedroom with en-suite
Family bathroom
EXTERNAL
New tarmac driveway and walk way to the front of the property
Large part lawned and part paved garden
Storage shed | | | | | | FOR SALE | | | | | REFERENCE: | 2840 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
