Business for Sale in Loughborough, Leicestershire Leasehold Main Post Office and Convenience Store, Loughborough

Leasehold Price £160,000

Key Information

Reference
S35017G
Tenure
Leasehold
Status
Under Offer
Region
Leicestershire
Sector
Post Offices
Annual Sales
£431,345.00 Exc. VAT
P.O. Salary
£60,440.00
Rent Payable
£9,000 pa
Business Rates
Around £489 per annum (with Small business rates relief)
Accommodation
No
  • 1,205 sq. ft. of retail space
  • Rent only £750 PCM
  • Opportunity to extend the retail space by reconfiguring
  • Lease expires Nov 2028
  • 3 Position Fortress Counter

Business Information

EMF is excited to offer for sale this prime-position leasehold Post Office and convenience store located in a village near to Loughborough. This 1,400 sq. ft. unit is situated in a prominent position on a parade of shops in the middle of the village.

The business comes to the market as the vendor is looking to retire in light of their 60th birthday approaching this year.

At the end of 2022, the NET retail sales have been reported as £445,000 (excluding Post Office income), which equates to £8,557 per week in sales, PLUS Post Office remuneration of around £57,000, giving a very healthy NET profit to a new owner.

  • 1,205 sq. ft. of retail space
  • Rent only £750 PCM
  • Opportunity to extend the retail space by reconfiguring
  • Lease expires Nov 2028
  • 3 Position Fortress Counter

Offers around £160,000 + SAV | Ref: S35017G

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