Business for Sale in England: Kent - POST OFFICE & NEWSAGENTS WITH 3-BEDROOM FLAT - Freehold: £370,000 Leasehold: £110,000

Key Information

Retail Businesses: Post Offices
England: Kent
Freehold, Leasehold
For Sale
3 Bedrooms
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Located in a pleasant residential area in a popular seaside town in East Kent, the business forms part of a parade of shops including a delicatessen, hairdressers, dry cleaners, florist, Indian restaurant and a fish & chip takeaway. There are ample free parking facilities in the surrounding area.

The spacious and very well-presented shop is fully equipped for the trade with two dedicated post office counters to the rear along with a combi counter in the main retail zone. There are also excellent storage facilities and a separate garage. The comfortable living accommodation includes 3 bedrooms, a large living room to the front and a modern kitchen with fitted units. The maisonette also has double glazing and central heating throughout.

The business has been in the same hands for the last 15 years, and is operated by a husband and wife team along with 2 part-time staff. The shop has been designated as a main post office offering a wide range of services along with the sale of newspapers & magazines, alcoholic & soft drinks, sweets, snacks & ice creams, cigarettes & tobacco, greetings cards, giftwrap & stationery along with a selection of convenience goods. There are also full National Lottery facilities.

Trading hours are: Monday to Saturday 6.30am – 6.00pm & Sunday 7.00am – 12.30pm. The most recent accounts show retail sales of £241,977 and a Post Office income of £48,531. Net Profit (before depreciation) was £66,702. With a great coastal location, this is an attractive and very well-established business which is only now for sale due to the vendors’ plans for retirement.

Ref: ST33173Z FREEHOLD £370,000 / LEASEHOLD £110,000

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