Village Post Office And Store Tamerton Foliot Devon | | Tamerton Foliot Devon | | Post Office, Tamerton Foliot, Devon T/O: £325,000 GP: 20.31% Huge scope 2-bedroom self-contained flat Loyal customer base Sought after village | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 71723
ADVERT IMPRESSIONS : 7,632 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Post Offices | | SALE: | Agent Sale | FREEHOLD: | £295,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Tamerton Foliot Post Office occupies substantial 2-storey corner premises, ideally located in the heart of the sought after village of Tamerton Foliot, Plymouth. The business is surrounded by a densely populated residential area, from which it draws much trade. There is a range of complementary amenities, shops and business nearby, along with a number of bus stops. Plymouth city centre is a short drive away and possesses further amenities, shops, businesses and attractions. The premises are easily accessed via the A-road network including the A38 and A386. The village is popular with commuters due to its excellent road links with Plymouth city centre and is a highly desirable place in which to live. Plymouth is a thriving city, which is undergoing a multi-million pound development. Dartmoor National Park lies approximately 6 miles away, while Torquay lies 34 miles to the east.
Business History
Preferred Commercial is pleased to offer for sale this village Post Office and convenience store, which was established in 1930 and which has been in our clients' careful hands since 2001. The Post Office is only now being offered to the market due to our clients' other business interests. The business trades 7 days a week and generates a turnover in the region of £325,000 per annum with a gross profit of 20.31% and a Post Office salary of £25,000 per annum. The business offers, general Post Office services, CTN lines, convenience lines, groceries, alcohol, hot food, chilled foods, greeting cards, stationery and the lottery. We feel the turnover could be further increased by extending the range of snacks available and perhaps embarking on a modest marketing campaign. The Post Office is well-supported by the local community and enjoys much repeat trade. The premises boast a spacious retail area and have been finished to a high standard throughout. There is also a 2-bedroom self-contained flat to the first floor, which we feel could be let out to generate additional income. This is an ideal opportunity to acquire a busy Post Office in such a desirable location with a 2-bedroom flat and huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £325,000 approx.
GP: 20.31%
Opening Hours
Mon - Fri: 6:30am to 7:30pm
Sat: 7:00am to 7:30pm
Sun: 8:00am to 4:00pm
Accommodation Details
Substantial 2-storey semi-detached Post Office premises with 2-bedroom self-contained flat. Briefly comprising:
Ground Floor
• Retail area with 2 x drinks chillers, ice cream freezer, photocopier, freezer, DVDs, 2 x greeting card displays, hot drinks machine, pie warmerm and counter
• Storeroom with shelving, refrigerators, 3 x freezers, 2 x sink units and bake off oven
First Floor
• Kitchen
• Lounge with gas fire
• Dining room
• Double bedroom
• Single bedroom
• Bathroom
External
• Private yard area
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2936 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
