Long established Post Office business for sale.

Rotherham, South Yorkshire

Status

FOR SALE

Date Submitted:

27/09/21

Advert ID

283491

Reference

B06070 / Rightbiz
Leasehold: £19,999
Annual Turnover: Not Applicable
Business
*** OPEN TO SENSIBLE OFFERS *** 

Please quote reference B06070

Hilton Smythe welcomes to the market Bolton upon Dearne Post Office. This long-established business has been trading as a post office for 30 years, becoming a hot spot for local trade servicing the surrounding community and beyond.

Our clients took over the business 5 years ago though they have thoroughly enjoyed running the business, unfortunately due to family health issues the business now comes to market.

The post office receives a commission for services rendered and has remained very busy throughout the current vendor's ownership.

The business is laid out in a traditional format with stationary, birthday cards and display counters situated around the perimeter of the shop which also sells a range of chilled drinks and confectionery, crisps, convenience, and tobacco.

The business offers the opportunity for a new operator to extend the food and provisions offered further increasing profits, creating a more active online footprint as well as introducing new services to take advantage of the large residential population surrounding the site. The business generates a healthy post office commission with a large footfall through the shop everyday creating further opportunities for the new owner to take the business to the next level.

Reasons to buy – 

  • Excellent location
  • Open to sensible offers
  • Scope to increase revenue by extending opening hours, products & services
  • Rent includes all bills, lowering overheads.
  • Free customer parking
  • Established for nearly 30 years.
The business would ideally suit a postmaster as a second business.

Early viewing of this highly rated and popular business is highly recommended.



Location
The business is located at St Andrews Square, Bolton Upon Dearne, occupying a prominent position within a large and vibrant residential community, from which the business derives much of its trade.

The area has good public transport links with regular bus services running throughout the day and local train station just a short distance from the business.

The area is easily accessible from several A roads and both the M1 and A1(M) are a short drive from the village.



Premises
The business is situated within a parade of shops, with excellent eye catching signage and ample parking at the front of the premises.

Service area with counter and 2 post office counters.

To the rear of the premises is the storage room and WC.

The premises is secured with a CCTV system and roller shutters.

Equipment included in the sale comprises of;

  • Drinks fridges
  • Displays stands
  • Card racking system
  • Ample slat wall panelling
  • Tobacco gantry
  • Till system
  • 2 Post office counters


Tenure
We are advised that the business is being sold on a Leashold basis, 5 years remaining on the 10 year lease. The rent is currently £750 per month (Including bills).



Hours
The business is currently trading; 

Monday – 7:00am – 1:00pm
Tuesday - 7:00am – 1:00pm
Wednesday - 7:00am – 1:00pm
Thursday – 7:am – 1:00pm
Friday - 7:00am – 1:00pm
Saturday - Closed
Sunday - Closed




Staff
We are advised that the business has 2 part time staff members



Financial Profile
We are advised that as per the 2020 accounts, the business generated a turnover in the region of £140,000, with an adjusted net profit in the region of £20,000. Full financials can be made available upon further request. 

Please quote reference B06070



Contact Agent
Advert Reference:
B06070 / Rightbiz
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