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 * Salary of £110,000 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.
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 aisle 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
Tenure: Leasehold Service Charge: £7,327 per year (reviewed every 0 years)
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