Post Office And Convenience Store In Yeovil Somerset | | Yeovil Somerset | | Post Office, Yeovil, Somerset T/O: £500,000 GP: 28% Huge scope Prime location Loyal customer base High footfall 3-bedroom owners' accommodation | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 71742
ADVERT IMPRESSIONS : 6,951 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Post Offices | | SALE: | Agent Sale | FREEHOLD: | £594,999 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Orchard Street Post Office occupies prominent corner premises, ideally located on the outskirts of Yeovil town centre, Somerset. The premises are surrounded by a densely populated residential area and the business enjoys a high footfall and much passing trade. The town centre is a short distance away and possesses a wealth of complementary amenities, shops and businesses. The premises boast easy access to the A-road network and the M5 motorway. The town is surrounded by picturesque countryside and is a desirable place in which to live and work. Yeovil is a busy market town and is home to Westland Helicopters. Taunton lies 25 miles to the west, while Poole is approximately 37 miles away.
Business History
Preferred Commercial is delighted to offer for sale this thriving Post Office and convenience store, which was established in 1893 and which has been in our clients' careful hands since 1978. The Post Office is only now being offered to the market due to our clients' wish to retire. The business trades 7 days a week and generates a turnover in the region of £500,000 per annum with a gross profit of 28% and a Post Office salary of £47,400 per annum. As well as general Post Office services, our clients offer general convenience lines, CTN lines, groceries and alcohol. We feel the turnover could be further increased by extending the range of products available, such as hot and cold snacks and ready meals. The business is well-supported by the local community and receives much repeat trade. The premises are well-equipped to suit the trade and boast a spacious retail area and a large storeroom. There is also 3-bedrooom owners' accommodation with lounge, kitchen and bathroom. This is an ideal opportunity to acquire an already busy Post Office with huge scope for future growth. Early viewing is a must.
Financial Details
T/O: £500,000 approx.
GP: 28%
P/O Salary: £47,400 per annum
Lottery: £1,800 per week
News sheet: £500 per week
Opening Hours
Mon - Fri: 8:00am to 10:00pm
Sat: 9:00am to 10:00pm
Sun: 9:00am to 9:00pm
Accommodation Details
Substantial corner 2-storey retail premises with 3-bedroom owners' accommodation. Briefly comprising:
Ground Floor
• Retail area with Post Office counter with 2 positions, 2 x computer terminals, 2 x card pay points, paystation point and shop counter, with EPOS system, lottery terminal, tobacco gantry, spirit display, greeting card display, 4 x double door chillers, 3 x glass fronted drinks chillers, chest freezer, ice cream freezer, central gondola display, coffee machine and ATM
• Storeroom
• Large dry store
First Floor
• 3-bedroom flat with lounge, kitchen and bathroom
External
• WC with wash hand basin
• Garden
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2933 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
