Bedminster Post Office, 157 East Street Bedminster, Bristol, United Kingdom, BS3 4EJ

This leasehold Post Office has been owned and operated by by the current owner since October 2018 and they are now looking to sell due to relocation. This Mains Post Office benefits from excellent levels of passing trade and is ideally situated close to commercial and residential buildings meaning that much of their trade is repeat custom. The business is well established, ideally located on the high street and offers an ideal platform for a new owner to take charge and take advantage of the great potential it offers.

This leasehold Post Office is well located in a popular suburb of central Bristol, surrounded by commercial and residential properties and only one mile from the city's main train station. Bedminster is a large district of Bristol with a population of c.12,900 people. The store benefits from an excellent location on a busy street with a number of other businesses close by, including takeaways, pubs, restaurants and cafes, all of which drive footfall to the store.

There are a total of five counters, out of which three are open plan counters and two are fortress positions. In the main trading area, there is display shelving, a large selection of greeting cards and a drinks fridge. There is a digital photo booth and free to use ATM included with branch.
The business also offers Amazon and DPD pick up and drop off services as well as digital application services.
The store benefits from air conditioning, CCTV, an alarm system and a roller shutter. There is a staff toilet and facilities to the rear of the trading area, including a kitchen and office.

Fixtures and fittings are owned outright and included in the sale.

There is the opportunity to introduce a variety of retail product ranges such as alcohol, confectionary, tobacco, additional soft drinks, the national lottery/scratch card services, hot food and drink options to help increase turnover and gross profit margins.
The business also offers the opportunity to increase trade through longer opening hours.

The business is primarily run by the owner, with the assistance of four part time members of staff who will transfer with the business under TUPE regulations.

The accounts for Y/E 28 February 2021 show a Post Office and shop income of £129,880 per annum.
In addition to this, we are advised that the monthly income from the digital photo booth is c.£600.
We are in receipt of full profit and loss accounts which will be made available to seriously interested parties on request.

Monday-Friday: 9am - 5.30pm. Saturday: 9am - 2.30pm. Sunday: Closed.

The premises is let to our client on a lease expiring 21st March 2033 at a passing rent of c.£15,000 (incl VAT) per annum.
There is a rent review in March 2028 and the lease is within the Landlord & Tenant Act 1954.

Full details of the lease can be made available to interested parties upon request.

The Rateable value of the property is £14,000. However this is not what you will necessarily pay.