Business for sale

Business description

Advent Business Sales are delighted to offer
to the market this extremely well established
post office/newsagent/convenience store,
which has been trading successfully for at
least 30 years.
The current vendor has been in ownership for
the last two years but has now obtained a
professional degree and wishes to pursue this
avenue of employment.
Due to its superb decoration, lay out and
offer, as well as its monopolistic position,
the total sales are increasing month on
month, giving the business total stability
and fantastic long term potential.
As well as every day items, the shop has an
ATM machine, Paypoint and Payzone. The
stock control is on EPOS and all newspaper
accounts are handled by software, keeping
the chore of billing to a minimum.
A new CCTV system is in place as well as an
automatic shop door for the convenience of
customers.
The husband and wife team staffs the
business.
TRADING HOURS
Mon – Thurs: 6am – 8pm
Fri – Sat: 6am – 9pm
Sun: 9am – 2pm
EXPANSION POTENTIAL
With its monopolistic position, both in post
office work as well convenience goods,
beers/wines and spirits and also newsagents
and its positioning in a reasonably affluent
area, the increasing turnover is hardly
surprising.
Add to this is modern, clean, well laid out
appearance and the formula can only point
to success.
This is not to lose sight of the fact that it
has a very generous family accommodation
with garden and garage.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £410,000 approx
Gross Profit: 26%
P/o Salary: £27,740
Plus ATM, Paypoint & Payzone
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
The post office is a large double fronted shop
with a central automatic door. There is
additional storage area to the right hand
side.
Ground Floor

Counter with EPOS till and tobacco
gantry behind.

Magazines and newspapers rack.
Just inside the door is the ATM
machine.

Open refrigerated displays with
beers, wines, milk and other dairy
and perishable goods to the rear.

Large soft drink refrigerator.

Doorway to the rear of the building

Post office counter.

Convenience goods section including
a very large deep freeze gondola.

Rear door leading to the main stock
room.

Staff kitchen and w/c,

A large family lounge with patio
window and rear glazed lobby into
a spacious garden,

Driveway to a large garage.

Front of lounge are stairs to the
first floor.
First Floor

3 double bedrooms,

Bathroom and w/c,

Kitchen and dining room.
All kept to a good standard of decoration.
TENURE: Freehold
We are advised that the annual business
rates are currently: TBC
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.