Post Office and Convenience Store For Sale
Business for sale
Asking Price:
£170,000
Turnover:
£130,000
Annual profit:
£47,000
Audited accounts:
No
Management accounts:
Yes
Business description
GHNP Associates are please to offer for sale this Post Office with written confirmation of it staying open (the two nearest are closing down). As well as the 3 counter PO there is a convenience store with great potential for improvement and a flat above which is sublet. PO salary is £51k and the rent for the flat is £10k.GENERAL INFORMATION
Property: Leasehold
Lease terms
There are 18 years left on a 20 year lease with rent at £15k.
Location
Located in a parade of shops set back from a very busy main road with on street parking.
Expansion potential
The convenience store would benefit from improvements. Also there is no CTN.
Competition / Market
There is good prospects for the business as the next nearest 2 post offices are due to be closed.
Advert ref: 1820NP
Employee details
Fulltime staff:
4
Parttime staff:
0