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Thriving Post Office In Bury St Edmunds Suffolk

Bury St Edmunds Suffolk
Post Office Sicklesmere, Bury St Edmunds T/O: £260,000 GP: 20% P/O Salary: £25,000 Loyal customer base Wide catchment area 4-bedroom owners' accommodation Affluent village location
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 73056
ADVERT IMPRESSIONS : 6,721 TIME(S)

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

FREEHOLD:

£525000
 

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BUSINESS DETAILS:

Location
Sicklesmere Post Office & Stores occupies substantial 2-storey detached premises, ideally located in the rural village of Sicklesmere, Suffolk. The premises benefit from a main road location, ample parking and are surrounded by picturesque countryside. Sicklesmere lies a short drive away from Bury St Edmunds, which possesses a wide range of complementary amenities, shops and businesses. The premises boast easy access to the A-road network, including the A14 and the A134 and there is a bus stop directly adjacent to the property. Sicklesmere is an affluent village, which is popular with commuters and is a highly desirable place in which to live and work. Ipswich lies 25 miles to the east, while Cambridge is approximately 35 miles to west.

Business History
Preferred Commercial is delighted to offer for sale this thriving Post Office and convenience store, which was established in the 1800s and which has been in our clients' careful hands since 2006. The Post Office and store 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 £260,000 per annum with a gross profit of 20% and a Post Office salary of £25,000 per annum. As well as usual Post Office services, the business also offers general convenience lines, groceries, CTN lines, alcohol, newspaper deliveries, the Health Lottery and self-serve coffee. We feel the turnover could be further increased by extending the range of products available, such as hot and cold snack food. There is also scope to extend the shop trading hours and open all day on Saturday and Sunday. The business is well-supported by the surrounding local communities and enjoys much repeat trade. The premises are well-equipped and our clients have spent approximately £180,000 on refurbishments since taking over the business. Plans have been drawn up to extend the front of the shop, which could then be used as a café area or further retail space. There is well appointed 4-bedroom owners' accommodation with 2 reception rooms, dining room, kitchen and bathroom. This is an ideal opportunity to acquire an already busy Post Office and convenience store with huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £260,000 approx.
GP: 20%

Opening Hours
Mon - Fri: 6:00am to 5:30pm
Sat: 7:00am to 1:00pm
Sun: 8:00am to 11:00am

Accommodation Details
Substantial 2-storey detached retail premises with 4-bedroom owners' accommodation. Briefly comprising:

Ground Floor
• Retail area with single position Post Office counter, central display aisles, open chiller unit, double door drinks chiller, greeting card and magazine rack, 3-tier freezer unit, self-service coffee machine, seed rack, sweet display, shop counter with electronic cash register, tobacco gantry, shelving and racking to perimeter walls and air conditioning unit
• Stockroom with fridge-freezer and shelving
• Hallway
• WC with wash hand basin
• Wet room
• Lounge with log burner
• Middle room with log burner
• Kitchen
• Dining room
• Inner hall with feature solid oak front door

First Floor
• Master bedroom with built in wardrobes
• Double bedroom
• Double bedroom
• Large double bedroom
• Bathroom
• Large lounge/office, could be used as a bedroom

External
• Seating area to forecourt
• Parking lay-by to front
• Outbuilding (was old bakehouse) currently used for storage
• Double garage
• Parking area for up to 6 vehicles
• Lawned private garden to side

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

3010 / RightBiz
   
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