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7059DE DERBYSHIRE F/H£259,950 POST OFFICE

Asking Price: GBP 259950
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Business Location: United Kingdom » Derbyshire » DERBYSHIRE 
Category: Retail » Miscellaneous Retail
Description:
Advent Business Sales have been
instructed to offer for sale this popular
and successful post office.
Established over 60 years ago and in the
hands of the current vendors for over
19 years, it is now reluctantly offered
for sale due to the vendor’s retirement
plans.
The main retail area consists of a
modern post office counter with 4
stations, plus a modern retail area
selling cigarettes, stationery,
confectionery and greetings cards.
It is worth noting the retail sales
counter is also equipped for taking
lottery sales outside of normal post
office hours.
The premises also benefit from
unusually spacious and well decorated
family living accommodation including 4
bedrooms.
EXPANSION POTENTIAL
The business currently generates an
excellent post office salary and there is
still potential for further growth on the
retail side of the business including
stocking a small range of convenience
goods, which are frequently requested
by local customers plus the premises
lends itself to easily extending the
retail area without infringing on the
living accommodation significantly.
TRADING HOURS
Post Office:
Mon, Tues, Thurs & Fri:
8.30am – 5.30pm
Wed & Sat: 9am – 12.30pm
(Closes for lunch 12.30 – 1.30)
Shop Premises:
Mon, Tues, Thurs & Fri:
8.30am – 5.30pm
Wed: 8.30am – 12.30pm & 4.00pm –
7.00pm for lottery
Sat: 4.00pm – 7.00pm for lottery
FINANCIAL INFORMATION
We have been advised by the vendor of
the following:
Post Office Salary: £49,613
Retail Sales: £41,126
Retail Gross Profit: £5,968
Accounts will be made available to
interested parties after a viewing has
taken place.
Please let us know if you require finance
for the purchase of a business.
BUSINESS PREMISES
A deceptively spacious premise with the
added security of 2 separate alarm
systems and consisting of the following:
Ground Floor
? Double glazed shop frontage with
disabled access entrance leading
into main retail area with modern
post office counter with 4 serving
stations
Retail sales counter with electronic
cash register and payment system to
take electronic payments outside
of post office hours
? Cigarette gantry
? Sales display shelving and racking
? Access to rear into living
accommodation consisting of:
? Ground floor – spacious family
lounge, dining room, fitted kitchen,
utility, store room, downstairs w/c,
stairs to first floor
First Floor
? 3 large double bedrooms
? 1 single bedroom
? Family bathroom
External
? Paved yard to rear with gated
access and space for parking of 2
vehicles plus single garage within
yard
? Paved to road
TENURE: FREEHOLD
We are advised that the annual business
rates are currently: £410.03
Domestic Rates: £868.68
 
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Financial Information:  
Annual gross sales: (GBP) 41126
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area:
Year Established: 1989
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
No of trading hours: Mon, Tues, Thurs & Fri:
Reasons for selling:
 for sale due to the vendor’s retirement plans.
Market competition and expansion:
 The business currently generates an excellent post office salary and there is still potential for further growth on the retail side of the business including stocking a small range of convenience goods, which are frequently requested by local customers plus the premises lends itself to easily extending the retail area without infringing on the living accommodation significantly.
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