Financial Details
Asking price: £54,950
Sales revenue: £15,000
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
HISTORY

• Post office location last forty years
• Acquired by vendor five years ago
• New product ranges introduced during his tenure

PRODUCTS

• Greetings cards
• Confectionary
• Books
• Bric-a-brac
• Soft drinks
• Stationery

SERVICES

• Wide range of Post Office services including DVLA
• Dry cleaning agency
• Window cards

CUSTOMERS

• Mix of locals and passing trade with parking immediately outside
• Close to American Air Force base with large numbers living locally

SUPPLIERS

• Wholesalers and cash and carry

STRENGTHS

• Security of substantial Post Office salary
• Central trading position
• Established many years and supported by the community
• Extremely low staff overheads
• High margin sales such as greetings cards
• Very limited competition in area
• Large Tesco opening soon and a pharmacy coming next door
• Leisure Complete being built in village





DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
General Information
Employees:2
Trading hours:Mon to Sat 9am to 5.30pm
Property:Leasehold
Lease terms:Leasehold Rent £5, 200 per annum Rates £1, 200 per annum N.B. The substantial 5 bedroom house attached to the property, along with the freehold to the Post Office is currently on the market and may be available by separate negotiation if required.
Location:• High Street location in a village in Suffolk
• Busy main thoroughfare
• On street parking immediately outside with ample free parking close by
Premises Details:• Lock up ground floor unit
• Part of larger detached dwelling (currently on the market)
• Two Post Office counters
• Retail area with racking and shelving
• Drinks display cabinet
• Glass display counter
• Post Office alarm
Expansion potential:• Substantial opportunity to introduce new product lines and services • Development of off licence and bakery • Opportunity to increase shop takings from relatively modest £1,000 per month • Introduction of additional Post Office services such as passport checks and Bureau de Change • Introduction of locally sourced products
Reasons for selling:Retirement
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