FOR SALE
28/02/19
78
s-1045 / Rightbiz
The Business
Simphi are delighted to welcome onto the market this Freehold property that comes with a well-established Post Office business in a prime trading location in Partington, Manchester.
The business has been trading since 1988 and has been under our clients’ ownership since. It is only now being offered to the market due to our clients’ desire to retire.
The business is situated on the corner of a main road and is also surrounded by densely populated residential areas, therefore benefitting from a very high volume of footfall and passing trade.
The business also benefits from ample on-street parking facilities to the front and side of the premises.
Premises
The property is where the business trades from is substantial in size and is the key factor in the sale.
The property briefly comprises of the following:
Outside: Driveway consisting of parking spots for 5 vehicles. There is a separate access to the Post Office and to the property itself.
Ground Floor: Shop floor, 1 x reception room, w/c, store room, large kitchen, utility room and access to the back garden.
First Floor: 3 double bedrooms, and a large bathroom.
Second Floor: Loft which can be used as a fourth bedroom.
There is also a gas central heating system and double glazing throughout.
Tenure
The business currently operates rent free since our clients own the freehold.
Trading Hours
Monday to Saturday – 09:00 – 17:00
Sunday – CLOSED
Staff
The business is currently owner managed, with the help of 1 part time member of staff and other members of the family if needed.
Financial Profile
Turnover: £14,105 per annum Post Master Salary: £28,326
Gross Profit: £4,859 Stock: Approximately £5,000
Our clients also offer a wide range of other products, including; Greeting cards and Confectionery.
Future Potential
The business has the potential to increase its turnover on mass. The business is currently running at our client’s pace and therefore the opening hours can be significantly increase.
There is also no lottery or tobacco sales which can be added to the itinerary of products sold.
There are also new developments being built in close proximity – approximately 11,000 new homes on three separate sites with a proposed 41 hectares of industrial complex also being built.
We advise the buyer to consider the property and its’ potential when considering this opportunity.
TO BOOK A VIEWING PLEASE CALL US ON 01204 771470 OR EMAIL [email protected]
Disclaimer
Simphi for themselves and for the vendor of this property whose agents they are given notice that:
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.