Post office with retail shop for sale in Birmingham West Midlands
Birmingham, West Midlands
- Status
FOR SALE
- Advert ID
652652
- Leasehold: £15,000 (Stock at valuation)
- Rent: £4,200 (£350 per month)
- Turnover: £85,000 (£1,635 per week)
- Profit: £24,000 (29% Profit margin)
Key Features
- Access to commercial amenities
- Commercial lease available
- Convenient local services
- Established post office
Business Details
Post office with a retail shop
This is a well-established local Post Office that has been serving the community for over 40 years.
I purchased the business from the previous owner upon his retirement. He successfully operated the Post Office for 35 years, demonstrating its long-standing reputation and stability.
Since taking ownership, I have invested in a full modernisation of the premises, including a new counter, new flooring, updated signage, and complete redecoration throughout.
This is an ideal opportunity for a family-run business. The Post Office provides a secure annual income of approximately £24,000, while the retail side of the business typically generates around £60,000 per year.
Operating costs are very low, with affordable rent and utility bills, and the business benefits from no business rates.
This is a fantastic opportunity to acquire a profitable, established business with a loyal customer base and significant potential for future growth.
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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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