Busy Post Office In Littlehampton For Sale

Business description

The post office is prominently situated in a busy local shopping area in Littlehampton, West Sussex. There is plenty of free parking available in the surrounding roads and in a public car park nearby. Being located in a highly populated residential neighbourhood, many customers also live within easy walking distance of the shop and there are plans for a further 600 homes to be built in the locality. This is a two storey end-terrace property with a well-equipped business unit to the ground floor, good-quality self-contained accommodation to the upper floor and an extensive garden to the rear of the premises. The current annual rent for the property is only £9,000. The post office has been in the present ownership since 2006, and has a full range of counter services including car tax issue. There is also an internal ATM producing additional income for the business. The shop sells greeting cards & stationery, soft drinks, confectionery and ice cream. Accounts for the financial year ended 31st March 2010 show a post office salary of £46,250, and a retail turnover of £22,366. With a spacious retail area, there could be great potential to develop the retail side of the business particularly if the opening hours are extended. Leasehold £74,950.

Property information

Property:

Leasehold