Main Post Office and Pet Shop in Warwickshire For Sale

Situated in a parade, excellent trading position, residential area, Warwickshire.

Turnover £ 1,500
Post Office £ 80,000
Price £90,000

Features

Main Post office Plus Out-reach Po & Pet Shop

GROUND FLOOR PREMISES fully refitted to a high standard

PET SHOP offering food, accessories & petcare products for dogs, cats, small animals, repiltes & fish.

1). E-commerce website
2) 200 members loyalty schemes
3) Rebranded Food Range

DOUBLE FRONTED PREMISES in the region of 800 ft². Karndean flooring, suspended ceiling with LED lights, sales counter, EPOS till, modern adjustable shelving. CCTV system (4 cameras, 1 monitor), tripple door freezer.

Post Office Counter with anti-bandit screen. (2 positions), etc. to rear

One POST OFFICE open counter

Staff Toilet with w.c. and wash hand basin.

Kitchen

Small storeroom

Turnover

We are informed by the owner the post office income £80,000 p.a. (Income from PO out reach activities £31,200 p.a - 30 hours pw) Retail £1,500 p.w. We are further advised sales from 1st July, 2022 to 21st January, 2023 showed £36,723.50. Gross profit £12,495.20

Staff

Post office section 5 staff.
Retail side 1 store manager & 1 part time staff

Trading Hours

Post Office
Monday - Friday inclusve - 9 a.m. - 5.30 p.m.
Saturday - 9 a.m. - 12.30 p.m.

Pet Shop
Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday - 9 a.m. - 4 p.m.

Accommodation

THE SELF CONTAINED ACCOMMODATION, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £600 per month . The accommodation comprises:

2 Bedrooms (1 double, 1 single)
Lounge
Kitchen
Bathroom with bath, w.c. and wash hand basin

Outside

Service road with parking space for 3 cars

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2021 with reviews every 3 years (next review 2024) at a current rent of £14,000 p.a. (As will be appreciated with the current rent of £7,200 from the accommodation the net rental payable at the present time is only £6,800 p.a).

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 45,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote