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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

Post Office in Hitchin

Hitchin, Hertfordshire
Leasehold Price:
£300,000
Status
SOLD / WITHDRAWN
Advert ID
194590
Reference
04867 / Rightbiz
    Full Post Office services

    Long trading hours

    High footfall location

    Good repeat custom

    Potential for growth

Intelligent Business Transfer are pleased to bring to the market this well-established Post Office and convenience store that has successfully become a well-known fixture within the local community. The business enjoys year round sales and prides itself in offering a friendly service to its loyal clients. The post office income alone is currently £80,000 plus rent of £22,000, with a 15 year lease and further opportunity to increase sales by £14,0000-£16,000+. The business has achieved much of its success through word of mouth recommendations and a loyal customer base. However, advertising could be increased via social media such as Facebook and Twitter accounts, informing potential customers of promotional offers. There is no website at present which is something a new buyer could take advantage of to increase exposure and reach out to new customers. There is also huge potential to grow the business by extending opening hours and introducing new services and products. This would significantly increase the yearly income.Intelligent Business Transfer have been approached to find a suitable buyer for this brilliant business which can operate successfully with minimum marketing efforts. With its prime location and huge range of stock, the Post Office has served the local community successfully. However, the current owners are looking for the right buyer to takeover and grow the business further.
Listing Details
Leasehold Price: £300,000
Tenure: Freehold
Tenure: Leasehold
Tenure: Other
Location: Hitchin, Hertfordshire
Sector: Convenience Stores, Newsagents
Financials
Annual Turnover: £468,000
Contact Agent
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Advert Reference: 04867 / Rightbiz
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