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Village Post Office and Convenience Store For Sale in Cannock Staffordshire

Wimblebury, Staffordshire
Status
FOR SALE
Advert ID
191723
Leasehold Price: £165,000
Annual Turnover: £11,000
Annual Net Profit: Available upon request
Two counter modern fortress, with paystation top ups at the retail end of the store. Post office salary £20,000 per annum, with paid 4 week holiday entitlement. Currently managed by subpostmaster and two part time staff.
The two free to use ATM's provide a fixed £3,000 commission per annum plus the additional transaction usage fees.
The stores takings are in excess of £11,000 per week (good margins with no competition nearby) excluding lottery, scratchcard,gas, electricity, cell phone top ups. News bill in the region of £300-£400 per week with only counter sales.
The retail area is approximately 1,200sq ft with modern shop fittings and refrigeration units and chiller cabinets and EPOS cash registers and chip an pin facilities for card payments in store. The retail store is managed by one full time and one part time staff member.
Rent is currently £19,000 per annum for the shop and apartment above with a 10 year lease renewed in 2016 with a rent review in 5 years time.
Business rates are exempt as the business qualifies for small business rate relief.
Stock room, WC and office at the rear of the store.
The Store has a 16 camera networked CCTV system with PO GPS alarm system monitored 24 hours, 365 days.
Currently the store is managed with part time staff due to the sub postmaster's other professional work commitments. In the right hands these additional salaries could be saved to achieve greater rewards.
Listing Details
Location: Wimblebury, Staffordshire
Sector: Post Offices, Convenience Stores, Off Licences
Key Features
  • High Turnover
  • Fully Fitted
  • Attractive Business
  • Prime Location
  • Central Position in Affluent Village
  • Accounts Available
Energy Performance Certificate (EPC)
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