FOR SALE
26/01/24
605673
CS0170WBPO / Rightbiz
Mailbox Estates presents a well presented town centre Post Office with a High Remuneration of £110,000 per annum. This long-standing post office has excellent pedestrian foot flows within a well-established trading location.
The Opportunity:
• Town centre location
• Extendible trade hours: Ideal for maximizing profits.
• Salary of £110,000 per annum and rising from the busy footfall
• Ideal for full time owner to maximise profits
Internal:
• Ground floor – sales area of approximately 156 sq. metres. (1,600 Sq. ft.)
• Five Post office counters, including 2 fortress counters, 2 open counters and 1 retail counter
• Stock room to rear
• Kitchen leading to W.C
Turnover:
• Annual Post Office Remuneration with £110,000 per year with much more potential to grow
• Weekly retail sales of £700 on average with high margins.
• Commission from National Lottery £100 per month on average.
• Commission from photobooth £500 per month on average.
Trading Hours:
• Monday - Tuesday 9:30 am – 5:00pm
• Wednesday 10:00am – 5:00 pm
• Thursday - Friday 9:30 am – 5:00pm
• Saturday 9:30am – 1:00pm
• Sunday Closed
Staff:
• The Post Office is run by husband and wife with three part time members of staff (non-family)
Tenure:
• The site is offered by way of assignment of the existing lease until 2034. Option to renew at the end of the term.
• We have been advised the rent per annum is £23,000 with no increases since ownership in 2014.
Fixtures and Fittings:
• The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price. Any items that are owned by a third party or personal to our clients will be exempt.
• Double door Coca Cola Fridge
• 2 isle Shelving for stationary items
• 3 Meter card stand
• 9 Channel CCTV
• Lottery display units
Trading Information:
• Full accounts & Post Office Remuneration will be made available to seriously interested parties after they have viewed the business
Viewing Arrangements:
• Mailbox Estates highly advise early viewing to avoid disappointment.
• Discreet customer visits are encouraged but On no account should any direct approach be made to the vendor or any of it’s staff.
Business Rates:
• Purchasers should enquire with relevant local authorities to confirm the rates payable.
Service Charge:
•Quarterly service charge of approximately £2,000 plus VAT
Deposits:
• Successful applicants will be required to pay a non-refundable deposit.
Regulatory:
• Transfer of a Post Office appointment is at the sole discretion of the Post Office Network.
Legal costs:
• Each party to be responsible for their own legal costs in connection with the sale.
• Landlord's legal fees are the vendor and buyers responsibility. This will be shared equally and payable by both
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'Prime Post Office Opportunity in Town Centre - CS0170WBPO / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.