Business for Sale in London, London - Main Post Office on Busy High Street: East London - Leasehold: £250,000

Key Information

Ref
S32634XLN
Type
Retail Businesses: Post Offices
Location
England: London
Status
For Sale
Annual Sales
£305,101 Ex Vat
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Call us on 01908 904555
  • Main Post Office
  • Established many years
  • Post Office Remuneration £143,000
  • Convenience store sales £7,000 per week
  • Presently operates on six days a week
  • Considerable scope for increase
  • Rent £30,000 per annum
  • Genuine retirement sale

EM&F are delighted to offer a very profitable Main Post Office located on a busy High Street in East London.

In addition to the Post Office, the business has a convenience store and off licence with sales currently £7,000 per week with considerable scope to increase.

The business operates from an imposing corner position shop with modern Post Office shopfront to the main street. The shop is accessed by automatic sliding doors and inside we estimate the retail area to be around 1,500 square feet.

To the rear of the store are the three Post Office counters, accessed by a secure door whilst there is a small kitchen area, staff toilet and office behind the secure screens. Also in the secure area is a door to the large dry basement used for storage.

The convenience store has a modern feel, being divided by high adjustable shelving with a very high level of equipment including drinks coolers, open cooler displays etc. The floor is tiled and there is a suspended ceiling with inset fluorescent lighting.

The main retail counter is at the front of the shop, where there is also an open Post Office counter.

An early viewing is highly recommended to appreciate fully the income levels and potential of this business.

PRICE: £250,000 to include the benefit of the Lease, Goodwill, Fixtures, Fittings & Equipment, plus stock at valuation

This is a confidential sale and staff and customers are not aware that the business is being sold. Potential buyers are therefore requested to arrange viewings only through sole agent Everett Masson & Furby. 01908 904555.

Copyright © EMF Group Ltd 2017 Company No: 987654321 - VAT: 111 1234 56