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Dorchester Road Post Office & Store, 113 Dorchester Street, Weymouth, Dorset, DT4 7JY

£575,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Convenience store for sale

Key features

  • On street parking directly outside
  • Two bedroom flat and two storey mews building
  • 0.5 miles to the seafront and beach
  • Weekly sales circa £12,500
  • Post office commission £46,395
  • £112,447 ANP. Further rental income possible. EPC Rating - D
  • Christie & Co Ref: 3410472

Description

Description

Situated on the main road to Weymouth seafront just 0.5 miles from the blue flag beaches. The property forms part of a double fronted period building with central double door and display windows to either side, ideal for advertising. There is free on street parking directly in front of and along the street.

Location

Weymouth is a fabulous town situated on the south coast of Dorset, on the centre of the Jurassic coastline which stretches from Exmouth to Swanage. Weymouth is well known for its beautiful sandy beach, safe seas and Georgian seafront buildings, and the historic harbour is also a draw for tourists all year round.

Internal Details

The shop has a modern feel throughout and is accessed via central double doors from the main street. On entering the store there is the main point of sale and post counter services to the left. with lottery and Amazon collection. Behind the counter is a wide range of vaping products and usual tobacco offerings. Drinks fridge and impulse snacks also feature here. with newspapers and magazines opposite. Two main display gondolas are centrally positioned both at the front and rear of the shop with a wide range of products. There are a variety of fridges with dairy and food to go, plus four further fridges for alcohol and frozen food. At the rear of the shop are two Post Office fortress counters, with ample space for customers surrounded by a wide range of cards, gifts and stationery.

Other Floors

The first floor holds owners/rental accommodation, comprising of a private entrance to the side, stairs to first floor, spacious study landing with storage, modern fitted kitchen, bay fronted living room, two double bedrooms (one of which has a bay window), plus a family sized bathroom. There is also a two storey mews building to the rear.

Fixtures & Fittings

We have been advised that all fixtures and fittings are included in the sale.

Letting Accommodation

There is a two bedroom apartment on the first floor providing a further income of £8700 per annum.

External Details

A double fronted period building of brick construction with two bay windows on the first floor. Central double door to the shop with large display windows to either side. A rear courtyard leads to the mews building which in turn has separate access to a path at the rear.

Owner's Accommodation

Situated above the shop with private access to the side. Stairs to first floor, spacious study landing with storage, modern fitted kitchen, bay fronted living room, two double bedrooms plus a family sized bathroom.

Other Property

At the rear of the property is a two storey mews building with independent access. Perfect for converting to extra accommodation (STPP) which could provide a further revenue stream.

The Opportunity

This store and post office provides an excellent opportunity for both a hands on owner or as a managed set up. It is spacious and modern inside, so a new owner has nothing to do other than start reaping the benefits. There is a busy post office and wide variety of stock to bring consistent and repeat trade, plus accommodation above which can either be utilised by the owner or rented for further income.

Staff

The store is owner operated, albeit on reduced hours due to upcoming retirement, and has five part time staff members.

Trading Information

Full accounts to May 2023 - Shop Sales £645,501. Post Office commission £46,395. with a gross profit of £211,805 and adjusted net profit of £112,447.

Trading Hours

Monday - Friday 6.30am - 8pm, Saturday & Sunday 7am - 8pm.

Tenure

Freehold

Business Rates

The rateable value is £6,600, however the business has qualified for a 100% rebate.

Energy Performance Certificates

EPC 1

Brochures

Dorchester Road Post Office & Store, 113 Dorchester Street, Weymouth, Dorset, DT4 7JY

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Weymouth Station0.5 miles
  • Upwey Station1.8 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Christie & Co, Retail

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

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Notes

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Disclaimer - Property reference 3410472-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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