Post Office with Card and Gifts in Suffolk For Sale

Terrace property, excellent High Street trading position, residential, office and commercial area, Suffolk.

Turnover £ 4,000
Post Office £ 75,600
Price £150,000

Features

Post Office (with Premises Licence) Offering Quality Gifts, Cards, Toys, Confectionery, and Beach Wear

6 DAYS OPENING

COMMANDING DOUBLE FRONTED PREMISES, in the region of 1,600 ft², CCTV, industrial non slip lino flooring, suspended ceiling with light panels.

Fortress (1 position) with one open plan position and one combi serving unit.

Retail sales counter with touch screen cash register.

Four door fridge used for soft drinks, beers and wines, occasional snacks, candy king pick and pix confectionary dispensory. Walls ice cream freezer. Vape display cabinet. Quality card racks with storage drawers beneath. Display staging for gifts, bespoke shelving.

Staff cloakroom with toilet and wash hand basin.

Kitchen with cupboard, sink, fridge, microwave.

Stairs to basement in the region of 520 ft², used for storeage.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 54% approx.. POST OFFICE income in the region of £75,600 p.a. approx.

Staff

The business is at present operated by the manager (and former owner) with the assistance of 4 part time staff.

Trading Hours

6 Day week
MONDAY - FRIDAY 9 a.m. -5 p.m.
SATURDAY 9 a.m. - 5 p.m.
There is local demand and potential to open on Sundays.
There is scope and demand for extended opening hours.

Outside

Rear access with parking for 2 vehicles.

Refuse storage.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2018 with reviews every 3 years (next review 2027) at a current rent of £22,000 p.a.

Business Rates from April 2025 £7,900 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023 AND OFFERED FOR SALE DUE TO THE LOCATION OF THE VENDOR'S OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 75,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote