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Property Listing Details

Property details

Features

  • Leasehold
  • Post Office salary £192,000 approx excluding VAT
  • Weekly Shop Sales average £1,500-£1,800 per week.
  • Five counter & Bureau de Change
  • Retirement sale

Listing view statistics

Last 30 days: 85 page views

Since listed: 900 page views

Description

Reference - 42402
Description

An exciting and rare opportunity to acquire this extremely well used, well established Post Office and convenience store, situated in a superb South West London location in Putney. The business has been under the same ownership since 2005 and is only being offered for sale due to retirement.

During the current ownership the business has forged strong links with the local community and therefore boasts an extensive and loyal customer base along with heavy footfall on a daily bases given the location and opening hours Monday to Saturday.
The Post Office occupies a prime high road location and is located in densely populated, affluent residential area with many commuters and benefits from five counters and a Bureau de Change.

In our opinion this is an excellent opportunity to acquire an extremely busy five till post office which generates a substantial annual income.

Sales
Annual po income approximates to £192,000
Shop takings

Shop Sales per week average £1,500-£1,800.

Shop Sales per week average £1,500-£1,800.
Accounts

Current records and accounts can be inspected when viewing.
Trading hours

Monday – Friday 07:00 – 19:00
Saturday 09:00 – 17:30
Staff

Operated under management with additional full and part time staff.

Building External
A period property situated on a main road providing good sized ground floor lock up business.
Building internal

The post office has been fitted out to a high standard and now provides five till positions and a Bureau de Change. The business is highly visible and is situated on various bus routes offering versatile ground floor lock up business.
Residential accommodation

There is no residential accommodation for owners/management available.
Tenure

The vendors own the property and will grant a new Fri lease (subject to contract) for a period of 10 - 15 years at an initial rent of £38,000 exclusive of rates. Rent reviews will be at 5 yearly intervals.
Summary

An extremely good opportunity for an experienced operator to purchase a well established post office with excellent salary and benefiting from a superb South West London location with loyal and regular customer base. An early inspection is highly recommended to avoid disappointment.

Map & Nearby

Local Amenities

  • Putney 0.1 miles
  • East Putney 0.4 miles
  • Lion House School 0.1 miles
  • Hotham Primary School 0.2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Putney 0.1 miles
  • East Putney 0.4 miles
  • Lion House School 0.1 miles
  • Hotham Primary School 0.2 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Kings Business Transfer. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Kings Business Transfer for full details and further information.