Post Office with Accommodation for sale in Manchester Post Master Salary £76,000

The Business

Simphi are delighted to welcome onto the market this well-established Post Office business in a prime trading location in Manchester.

The business has been trading for over 40 years and has been under our clients’ ownership since the mid 2000’s. It is only now being offered to the market due to our clients’ desire to retire following the birth of her first child.

The business is situated in the middle of a main road and is also surrounded by densely populated residential areas, therefore benefitting from a very high volume of footfall and passing trade.

The Business is situated on the road that leads to the M60 motorway & to Manchester City Centre and therefore it thrives from commuters during all hours of the day.

The business also benefits from ample on-street parking facilities to the front and side of the premises.

Premises

The business operates from a corner plot on a very busy road in Manchester.  

This business has a large sign on the front door and front windows to identify itself from other businesses in the area.

The property briefly comprises of the following:

Ground Floor: Retail Floor, Stock Room, w/c, Kitchenette,

First Floor: Sitting room, 1 bedroom, Bathroom, Kitchen

Tenure

Leasehold sale with rent at £1000 per calendar month. There is 12 years remaining on the existing lease of 20 years.  

Trading Hours

Monday to Saturday – 06:00 – 17:30

Sunday – CLOSED

Staff

The business is currently owner managed with family assisting in the day to day running.  

Financial Profile

Turnover: £10,000 pm including £7000 from the post master salary          

Gross Profit: £7800 pm                                                      

Stock: Approximately £6,000

Postmasters Salary: £76,000

Our clients also offer a wide range of other products, including; Tobacco, Newssheets, Greeting cards, Toys and Confectionery.

Future Potential

There is the opportunity to apply for an alcohol trading licence subject to the approval of the landlord. Furthermore, the council have recently approved the construction of 500 new homes around the area meaning this post office will be the closest and central to residents.

           TO BOOK A VIEWING PLEASE CALL US ON 01204 771470 OR EMAIL SALES@SIMPHI.COM