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Prominent Main Road Location
Accounts Available Year End 31st March 2020
Annual Turnover £217,840
Gross Profit £36,195
Accounts Available After Viewing
New Lease To Be Negotiated
Repeat Customer Base
Currently No Website/Social Media
Payzone Services In Place
Scope To Develop Marketing
Potential To Expand Product Lines
EPC - D
REF 7315 – Leasehold Post Office
Blacks Brokers are pleased to bring to the market this leasehold Post Office located in Dudley, West Midlands.
Lower Gornal Post Office was established by our client in this highly sought after area of Dudley in 2011. The business offers Post Office services in addition to convenience products and Payzone services. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted online. At present, this business does not have website or social media presence in place.
Lower Gornal Post Office occupies a main road trading position on the corner of two arterial roads. The area is densely populated both residentially and commercially with neighbouring businesses including mainly independent retailers, pubs and other local amenities. Dudley town centre is also nearby. The area is well linked by the A449 with very strong public transport links and parking is available immediately outside the property.
REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but has become too much for our client and is therefore offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
A new lease will be negotiated with the landlord.
BUILDING LAYOUT AND DESIGN
Lower Gornal Post Office operates from a single storey property on a busy main road. The business has large branding and signage on display above a partially glazed frontage. Inside, the shop is well fitted and modern with wooden flooring throughout, shelving and racking in place and counters positioned to the rear of the 800 square feet of space. Storage facilities are positioned to the rear of the counter area and all areas are well equipped and presented nicely.
The business operates with three part time members of staff supporting our client working on a full time basis. Staff are currently all family members.
Lower Gornal Post Office has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending 31st March 2020 show annual turnover of £217,840 and gross profit of £36,195. Full financial information is available upon request.
Purchasers should enquire with relevant local authorities to confirm the rates payable.
This well known and long established business occupies an enviable trading position in a residential area of Dudley. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new product lines, additional services and a new online and social media presence which would allow for cheap targeting marketing. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
MON - FRI: 06:00 - 17:30
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