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Thriving South Leicester Post Office and Stationery Store for Sale

Undisclosed, Leicestershire

CONFIDENTIAL SALE

  • Status

    SOLD / WITHDRAWN

  • Date Submitted:

    17/11/23

  • Advert ID

    602788

  • Reference

    S035239G / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £95,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Post Office for sale in South Leicester

Step into the thriving community of Clarendon Park in Leicester, and you'll find a vibrant, leasehold Post Office up for grabs. Brought to the market by EMF, this thriving business not only offers standard post office services but also sells a dynamic range of stationery, from envelopes and files to pens, greeting cards, and gift wrap. Situated in a lock-up unit on a bustling high street, it finds itself nestled amidst an eclectic mix of local independent shops, bars, and cosy bistros.

This business perfectly serves its clientele made up of professionals, young families, and students, contributing to its already buoyant market presence. An attractive proposition for potential buyers is its robust location, bordering the A50 and A6, conveniently near the Leicester ring road offering easy access to the M1 and M69. Not to mention, the area benefits from frequent bus services, further boosting footfall to the business.

Reluctantly, the current vendors have decided to retire and pursue other interests, presenting an opportune moment for a prospective buyer to step in and take the helm. Since its purchase in 2016, the Post Office has seen remuneration of £73,307 and has NET annual retail sales of £23,313, which could be greatly improved upon.

The premises comprise a lock-up unit with a sturdy fortress counter to the left, well-placed shelving to the sides showcasing retail items, and central racking to display a diverse range of greetings cards. Adjacent to the counter, a door leads to a sizeable storeroom, a handy washbasin area, and WC.

With the bonus of nil business rates due to the vendor currently benefiting from Small Business Rate Relief, this establishment represents a great investment. The landlord is more than happy to grant a new 10-year lease to the new occupier, with the current lease having 5-yearly rent reviews and an affordable rent at £14,996 per annum.

In addition, trading hours are considerate, operating from 09:30 am to 5:30 pm from Monday to Friday, and 09:30 am to 1:00 pm on Saturdays, providing ample opportunity for profitable business operations. Currently run by two vendors, this business is tailor-made for an owner-operator looking for an exciting new venture.

•Lock-up shop
•Prime position
•Good transport connections
• Landlord happy to grant a new 10-Year lease

Offers around £95,000 +SAV | Ref: S35239G

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01858 469469.

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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 Office for sale in South Leicester - S035239G / 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.