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CONFIDENTIAL
FOR SALE
648940
An exciting opportunity has arisen to acquire a well-established village convenience shop, which also serves as a Post Office. This business not only provides a vital service to the local community but also offers significant revenue potential for the right owner.
The asking price for this business is £69,900, with additional stock available at valuation. The current Post Office remuneration is estimated to be around £20,000 per annum, while the shop generates a weekly turnover of between £3,500 and £4,000. The monthly rent for the premises is set at £880.
This property includes a spacious 3-bedroom house, complemented by a good-sized garden and private parking for two vehicles, making it an ideal residence for the new owner or their family. The shop is well-equipped with essential fixtures and fittings, which include three single-door chillers, one large 3-metre chiller, three freezers, and ample shop shelving.
Opportunities for Expansion
There is considerable potential to expand the business. By introducing new product lines, extending opening hours, and incorporating services such as Lottery, PayPoint, and Evri parcel services, the new owner could significantly enhance the shop's revenue stream.
Business Information
For serious inquiries, further details can be requested. In response to common questions: all necessary fixtures and fittings are included in the sale. The current owner is selling due to relocation and does not have staff to transfer. At present, the business does not have an online presence, but the Post Office team will provide training to the new owner to ensure a smooth transition. Initial support will also be provided by the current business owner to help facilitate daily operations.
The convenience shop and Post Office are located in Bath, Somerset, with a leasehold price set at £64,990 and a current turnover of £199,500 per annum. The annual rent is £10,560.
Key Features
This is a remarkable business opportunity for anyone interested in serving a community while benefiting from a steady income. Don’t miss out on the chance to own this village convenience shop and Post Office.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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