Main Post Office & Convenience Store with 2-Bedroom Flat in East Preston, West Sussex for Sale
East Preston, West Sussex
- Status
FOR SALE
- Advert ID
620335
- Leasehold: £68,000 (Stock at valuation)
- Rent: £14,250 (£1,188 per month)
- Turnover: £197,600 (£3,800 per week)
- Profit: On request
Key Features
- Accounts Available
- Established Business
- Offers Invited
- Prime Location
Business Details
Mains Postoffice and convenience store
The principal focus of this business is a Main Post Office complemented by a store which also has an off-licence. Attached to the property is a large two bedroom flat which has recently been refurbished, making it a suitable rental opportunity. There are also plans available to convert the business into either a Londis or Premier store, extending its potential.
The Main Post Office offers a variety of services which include mail and package handling, financial services, and retail sales. They retail products ranging from newspapers and magazines to confectionery, greeting cards, and stationery. The attached convenience store is well-stocked with refrigerated beverages and snacks, making it an ideal stop for a wide array of customer needs.
The business operates with relatively short hours, open from 6:00 am to 5:00 pm from Monday to Friday and 6:00 am to 12:00 pm on Saturdays and Sundays. This leaves potential for extended opening hours to increase profitability. The location of the business on a high street provides excellent visibility and accessibility, further enhanced by an external ATM service.
This business is being sold due to the retirement of the current owner after 18 years operating it. With the suite of services currently in place, and having gained an established customer base in this time, there is great potential for future growth and expansion.
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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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