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Convenience Store with Sub Post Office For Sale Manchester

Posted by Trinder on February 24, 2023
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Here at Sovereign outstanding customer service is what we do. Every business we put on the market is another valuable part of our high quality portfolio. This is simply because our aim is to help our clients achieve the maximum value for their business and make their dreams of financial security a reality.

With that being said let me tell you about a fantastic business that is ‘live’ and for sale with Sovereign right now.

Bowker Vale Post Office is a bustling Post Office and Convenience Store in Middleton North Manchester. Operating seven days a week this unique business offers all the vital services of a successful Post Office with the convenience of a local shop. This is not limited to but includes 1 x post office counter, 5 x aisles, a spacious service counter with confectionery items, a glass fronted freezer section, a large drinks display section. There is also for your customer’s convenience an ATM machine and CCTV.

With weekly takings of circa £15,000 per week with a 27% profit margin and a Post office monthly salary of £1,800—£2,000 per month this is an opportunity not to be missed.

The current vendor owns the property and is happy to grant a new lease for the shop retail area. There is a staff WC in the basement. The annual rent is £35,000 with flexible terms that are subject to 3 year rent reviews. The business also comes with 1 bedroom living accommodation and is completely family run so there is no staff with the sale.

Overall this family run business in a busy and bustling location is great opportunity for an enthusiastic owner operator to take this already thriving business to the next level. With a competitive leasehold price of £239,950.00+SAV, viewing is highly recommended to appreciate the quality of this going concern.

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