3 bedroom post office for sale

Chapel Street, Stoke-On-Trent, Staffordshire, ST7

25 sq. m. | £315,000

Property Description

Commercial information

  • Business for sale
  • 269 sq ft (25 sq m)

Key features

  • Post Office
  • Convenience Store
  • Accommodation

Full description

Tenure: Freehold

Ref: 12593

BUSINESS
Hilton Smythe welcomes to the market Mount Pleasant Post Office. The business was originally established in this location in the 1940's. Our client first took over the store in 2004 but is now looking to sell the business due to the desire to focus on other interests.

The store runs as a town post office that offers a range of services including MoneyGram. The shop also sells a range of confectionary products, greetings cards, newspapers and ice cream. The business generates a healthy turnover from its services and products of around 94,000 per annum with a gross profit of 28%.

The business generates an annual income from the following services-
Lottery: 20,800 per annum
News Sheet: 18,200 per annum
Post Office Salary: 14,000 per annum

We feel that the overall turnover could be increased in several ways. One way would be to extend the opening hours. Opening longer hours allows for maximising sales. A delivery service could also benefit the business. A newspaper round and fresh fruit and vegetables could be a good hit.

Included in the sale is owner's accommodation. This is a three bedroomed premise perfect for a family, looking to relocate. The premise is located in a lovely village that has a great community feel. There is no competition in this village so there is always trade. Hilton Smythe highly advise early viewing to see the full potential of this post office.


LOCATION
Mount Pleasant Post Office is located in a residential area of Mow Cop, Stoke-On-Trent, Staffordshire.

The business is situated in the picturesque village of Mow cop which is a small residential village with a mix of housing and a few businesses. The store receives a generous amount of trade from the locals in the area. Close by is a pub, hair dressers and several other independent businesses.

Close by to the business are several bus stops, these have daily routes to surrounding towns. The closest A-road is the A34 which is approximately just a 2 minute drive away. The A34 runs from the centre of Manchester down through the town over to Walsall. The closest major town is Stoke-On-Trent which is a 20 minute drive.

PREMISES
The business is prominently situated in an elevated position. There is a large drive and a garden to the front of the property. The store is well-signed and this is clear to passing trade. At the side of the property is a garage for storage.

On entrance you are welcomed by the long counter that runs across the shop. There is perimeter shelving and several fridges and a freezer.

Equipment included in the sale is as follows-
Ceiling fan
Counter
Till
Lottery terminal
Newspaper racking beneath
Generous wrapping area
Cigarette gantry
Perimeter shelving
Glass topped ice cream freezer
Two glass fronted chillers
Post office counter to the rear of shop with window to rear

Living accommodation

Newly fitted kitchen
With window to rear and door to side. Good range of base and wall units in a light beech effect with black worktop, tiled splashbacks, slate effect flooring, stainless steel double oven and ceramic hob,1 bowl stainless steel sink with Monobloc tap, radiator. There is space for table and chairs.

Lounge
Newly decorated with window to front, feature fire place with inset electric fire, radiator.

First floor
Master bedroom, generous double with window to front and built in wardrobes.

Bedroom 2
Good sized double with window to front and radiator.

Bedroom 3
Smaller double with window to rear and radiator.

Family Bathroom
With white 3 piece suite, tongue and groove timber ceiling, halogen spotlights, window to rear.

A wooden gate leads to the rear garden which is secure behind hedging and mainly paved with an elevated seating area which is a real sun trap during the summer months.

TENURE
We are advised the business is being sold as a Freehold opportunity.

HOURS
The business is opening hours-

Monday - Friday: 6:30am - 6:30pm
Saturday: 7am - 1pm
Sunday: 7:30am - 1pm

STAFF
The business is run and managed by our client with the help of family members.

FINANCIAL PROFILE
The business generates a turnover in the region of 94,000 per annum.
Gross profit 28%
Lottery: 20,800 per annum
News Sheet: 18,200 per annum
Post Office Salary: 14,000 per annum

Nearest stations

  • Kidsgrove (1.6 mi)
  • Alsager (3.1 mi)
  • Congleton (3.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Kidsgrove (1.6 mi)
  • Alsager (3.1 mi)
  • Congleton (3.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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