Profitable, High Footfall Post Office in Bath Somerset For Sale with Potential for Growth
Bath, Somerset
- Status
FOR SALE
- Advert ID
617664
- Reference
B08240 / Rightbiz
- Call Agent:
- Leasehold: £84,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Profitable Post Office For Sale
BusinessPlease quote reference B08340
CoGoGo presents an exceptional opportunity to acquire a profitable and well-established post office in the high sought-after area of Lower Weston, Bath. This charming post office has been successfully run by our client for the past year and offers a wide range of essential services that cater to the needs of the local community and beyond.
Located in a bustling high footfall area with substantial passing trade, Lower Weston Post Office is perfectly positioned to continue its growth trajectory.
Key Features:
- Financial Services: The post office provides a full suite of financial services, including free cash withdrawals, bill payments, and money transfers, making it a vital part of the community's daily life.
- Mail and Postal Services: Offering a comprehensive range of postal services, including domestic and international mailing, parcel deliveries, and postage solutions, this business attracts regular and repeat customers from the local area and beyond.
- Retail Offering: In addition to post office services, the business features a diverse retail offering that includes celebration cards, a variety of drinks, snacks, phone accessories, balloons, stationery, and other convenient items. This diverse product range not only boosts revenue but also encourages customers to spend more during their visits.
- Prime Location: Located in a vibrant area with high pedestrian traffic, the post office benefits from its prime location in a well-populated residential area. It is surrounded by other local businesses, schools, and amenities, ensuring a steady stream of foot traffic and consistent customer base.
Lower Weston Post Office holds significant potential for expansion and growth. Here are some key areas where the new owner can further develop the business:
- Extended Opening Hours: Currently operating on standard business hours, extending the opening times to include early mornings, evenings, or weekends could capture additional customers, especially those who work standard hours.
- Enhanced Retail Range: Expanding the retail product line to include popular everyday essentials, groceries, or local artisan products could attract a broader customer base and increase average spend per customer.
- Online Presence and Marketing: Establishing an online presence through a website and active social media profiles could significantly boost visibility and attract new customers. Offering online promotions, click-and-collect services, or even local delivery for retail products can further expand the reach of the business.
- Loyalty Programs and Community Engagement: Introducing a loyalty program or membership scheme for regular customers could encourage repeat business. Additionally, engaging with the community through sponsorships, local events, or charity partnerships could further embed the post office as a key fixture in the neighbourhood.
For further information and to arrange a viewing, please contact CoGoGo as your earliest convenience. Don't miss out on this fantastic opportunity to own a profitable, community-focused business in the heart of Bath.
Location
Lower Weston Post Office is a local postal facility located in Bath, England.
Premises
Lower Weston Post Office in a single-fronted premises, offering a spacious and well-organised service area that caters efficiently to customers. The layout includes ample till space, ensuring smooth transactions and comfortable customer experience, making it an ideal location for postal and retail services.
Tenure
This opportunity is being sold on a Leasehold basis with a 15 year lease in place.
Hours
The current operating hours are:
Monday to Friday - 9:00am to 5:00pm
Saturday - 9:00am to 12:00pm
Sunday - Closed
Staff
The business is run and managed by our client.
Financial Profile
This business generated a turnover of £52,000 for the shop takings & £37,000 for the post office. Full financials can be made available upon further request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
Be safe, use a Rightbiz Solicitor
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