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 –
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;
Card racking system
Ample slat wall panelling
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).
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.
Disclaimer The data showed regarding this advert 'Long established Post Office business for sale. - B06070 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.
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