Business for sale

Business description

Advent Business Sales have been instructed
to offer for sale this well established and
popular post office.
Established for over 40 years, the current
vendors have owned the business for the past
4½ years and now have decided to sell and
make plans for retirement.
The business is predominately post office
counter trade business. In addition, a good
range of greetings and stationery is offered
for sale.
The vendors have been informed that the
business would not be closing as it plays an
integral part of the community and
supporting documents have been received to
this effect.
Although the business only offers some retail
services the post office remains busy
throughout the day. It is very popular for
everyday users as the vendors encourage
customers to frequent by offering an
excellent personal service.
The business is staffed by husband and wife
team and is assisted by 2 part time
employees.
The business is a good lifestyle opportunity
which benefits from a good post office
salary.
TRADING HOURS
Mon – Fri: 9am – 5.30pm
Sat: 9am – 12.30pm
EXPANSION POTENTIAL
There is excellent potential to grow and
expand the business including adding
confectionery and cigarettes.
Extending the sales area of the store into the
ground floor living area could be a further
option.
The vendors have chose not to pursue the
additional aspects of the business as they
felt it was not in their interests to do so
although any owner could treat this as a
blank canvas and explore further sales
opportunities.
This property must to be seen to be
appreciated, equally the living area is also
impressive with high decorative and
furnishing standards.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Post Office Salary: £41,000
Annual sales: £7,000 or £135 pw
Gross Profit: 70%
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 busy and popular post office commanding
a corner location on a busy main road in
Scunthorpe, comprising of the following:
Ground Floor

Main retail area for greetings and
stationery

2 x post office counters

Door to rear of counter leading to
hallway

Good sized lounge

Fully fitted kitchen

Separate dining room

The house can be accessed
independently via a side entrance or
through the garden at the rear of the
property.



First Floor

3 double bedrooms one with en suite
facilities

Family bathroom

Spacious landing

The premises is decorated to a very
high standard

External

Parking to the front of the premises
for customers

Rear landscaped gardens

garage and shed

Separate access

Private parking for 4 vehicles
TENURE: Freehold
We are advised that the annual business
rates are currently: £458 (residential
£968)
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.