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Iconic Cheadle Post Office & Store - £62K Annual Commission, Expansion Potential, £20K Stock

Cheadle, Manchester
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  • Status

    SOLD / WITHDRAWN

  • Date Submitted:

    20/04/23

  • Advert ID

    512004

  • Reference

    588895 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £50,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Post Offices For Sale in Cheadle

POST OFFICE AND CONVENIENCE STORE in Greater Manchester for Sale.

This is a very busy Post Office with commission sales of over £62,000 per annum. The retail convenience goods side of the business has a weekly turnover of just £3,000 and could be hugely improved upon, or the substantial space could be put to better use. In the interests of providing total transparency, there is another long-established small convenience shop in the neighbouring parade of shops, as well as a new Co-Op convenience store currently in build within a short distance of the Post Office - neither however will have a Post Office counter provision. In our opinion, a different business model, away from convenience goods, would work very well here. A travel bureau perhaps, a retail counter of some description, or a deli-counter would service a demand that is so far untapped in the local area. The Post Office business however remains very buoyant and extremely lucrative. The Post Office counter arrangement can be relocated to the existing, but unused fortress counter at the back of the shop, leaving a substantial retail area. The asking price is very realistic and more than reasonable, reflecting the convenience goods competition that exists nearby. An asking price well below one years’ worth of annual Post Office commission paid is undoubtedly an opportunity rarely offered and not to be dismissed. At the corner of a busy parade of shops, with good on and off-street parking. Ground floor lock-up premises with cash machine and security roller shutters. Large retail area with sales and Post Office counter near the entry, plus a fortress Post Office counter at the rear of the sales floor, currently only used as an office. Rear of the shop areas include staff kitchenette and WC. Large stores area with double delivery doors leading to a walled and security gated yard.
Stock £20,000. EPC Band C.
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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Post Offices For Sale in Cheadle - 588895 / 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.