Post Office for sale

High Street, TS9

Under Offer 53 sq. m. | £39,950

Property Description

Commercial information

  • Business for sale
  • 570 sq ft (53 sq m)

Key features

  • REF 12369
  • LEASEHOLD BUSINESS
  • POST OFFICE

Full description

Tenure: Leasehold

LOCATION
Great Broughton Post Office is located in Great Broughton, Middlesbrough, North Yorkshire.

The business is the end premise, on a row of terraced houses. The business is located on the main high street in the village. The area is mostly houses, however there is a hair dressers next door and a pub directly facing. Outside the store there is on street parking, allowing for customers to easily call into the store. The business, however, receives most trade from locals within the vicinity.

The post office is located on the main road that runs through the village. This allows for custom from passing trade. The road runs from the A172 through the North York National Parks to the A170, which is on the other side close to Scarborough.

The business is approximately 20 minutes away from Middlesbrough, which is an easy drive using the A172.

BUSINESS
Hilton Smythe is delighted to welcome to the market Great Broughton Post Office. Our client first took over the village store in 2005. This is a great post office that thrives from the local trade. The owner is now looking to sell the business due to the desire to focus on other business interests.

The business is run as a traditional post office offering a range of services. They also sell a generous amount of convenience items and newspapers. For most houses in the area, this is the closest store and so sales are high.

The business is currently generating an advised turnover of around 60,695 per annum with a gross profit of 25%. There is also a post office salary of around 18,800 per annum. This is great for a village store, however, we feel this could be increased. One way to boost turnover would be to expand the range of products sold in the store. A newspaper delivery round would also be a great plus for the business.

This business is well-supported in the community, as it is the only store in the village. The business has been established for many years and is due to undergo a refurb in June 2016. With a new layout there could be potential to increase the stock levels.

This post office is a fantastic opportunity for a husband and wife team, looking for a change of lifestyle from the hustle and bustle of city life. We are advised the new owners will be highly welcomed by the locals. Hilton Smythe advise early viewing to avoid disappointment.

PREMISES
The business is situated in an end terrace property. The premise is well-presented with a seating area at the front.

On entrance is the main post office counter, which is brick built. The property is perfect for the trade as it gives the feel of a traditional village post office. There are several shelves and racks across the side of the premise for advertising stock. Next to the post office counter is the shop counter, which has further display products on the top.

Equipment includes-
Till
Display units
Racks
Shelves
Fridges
Chest freezer
Card stand

Through to the rear of the premise is a store room and kitchen which are great sizes. There is also a toilet.

We are advised that the shop is having a full refurb in June 2016, this is to include new flooring. The premise comes fully alarmed.

TENURE
We are advised the business is Leasehold.
New lease available
Rent: 400 per month

HOURS
The business is open-

Monday: 9:30am - 1:30pm
Tuesday: 9:30am - 1:30pm
Wednesday: 9:30am - 12:30pm
Thursday: 9:30am - 1:30pm
Friday: 9am - 5:30pm
Saturday: 9am - 12:30pm
Sunday: 8:30am - 11:30am

STAFF
The business is run and managed by our client with the help of 1 part time member of staff.

FINANCIAL PROFILE
The business generates a turnover in the region of 60,695 per annum.
With a gross profit of around 25%
Post office salary 18,800 per annum.


Nearest stations

  • Battersby (2.6 mi)
  • Great Ayton (3.4 mi)
  • Kildale (4.1 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

  • Battersby (2.6 mi)
  • Great Ayton (3.4 mi)
  • Kildale (4.1 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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