Post Office for sale

South West Devon, PL8 1NA


£160,000
S.O.A.

Features

  • Devon Post Office with Convenience Store
  • Excellent local reputation
  • Extremely well-presented throughout
  • Fantastic change of lifestyle opportunity
  • Healthy turnover and profits
  • Spacious 4 bedroom owners accommodation
  • Stunning beaches close by
  • Turnkey Business

Description

Village Stores & Post Office. It has been under the proud ownership of our clients since 2013 during which time they have run a successful business and enjoyed the benefits of a spacious family home. It is now reluctantly being placed on the market as the vendors wish to concentrate on their other business interests. The business has built up an excellent reputation for its welcoming atmosphere and friendly service.


Operating from substantial landmark premises of real charm and character, this very well established, family-run concern has become an important focal point of the local community over the course of many years’ successful trading by conducting a useful and popular retail operation of an extensive selection of groceries, vegetables, greetings cards, confectionary and stationary as well as a wide range of Post Office services, the business also offers a delivery service of local fruit & veg boxes, glass bottle milk & other local products.


Holbeton Village Stores is run by our clients with help from part time staff. The business generates a turnover in the region of £126,000 per year with high gross profit margins. The Post Office commission is in the region of £8,400 per year. There is tremendous potential to increase the turnover by extending the range of products offered or by extending the trading hours.


The Premises


Substantial and well maintained building, benefiting from being in a highly visible position in the centre of the delightful village of Holbeton which is in South Devon.


The premises are fitted and presented to high trade specifications throughout. These charming premises provide outstanding and highly functional internal business accommodation as well as a spacious private 4 bedroom family home with Courtyard Garden


The premises briefly comprise:


Internal


Ground Floor Business Space



  • Retail area which boasts a full range of modern, high quality fixed and freestanding purpose-built display furniture and shelving. Post Office combi counter with parcel weighing facilities and computerised serving position.

  • Store room


Ground Floor owner's accommodation with private entrance



  • Fully fitted domestic kitchen/breakfast room housing ample work surfaces, quality wall and base storage units

  • Ground floor Lounge

  • Family Bathroom


First Floor owner's accommodation



  • First Floor lounge

  • 4 Double bedrooms


External



  • Courtyard Garden

  • Play barn

  • Range of outbuildings

  • Garage


Business Details


Opening Hours



  • 8.30am - 6.00pm Monday

  • 8.30am - 1.00pm Tuesday

  • 8.30am - 6.00pm Wednesday

  • 8.30am - 1.00pm Thursday

  • 8.30am - 6.00pm Friday

  • 8.30am - 1.00pm Saturday

  • Closed Sunday


Turnover



  • £126,000 per year


Post Office Income



  • £8,400 per year


Business Rates



  • Current Business Rates payable: nil

  • Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website voa.gov.uk


Tenure



  • Leasehold.

  • The business is offered for sale on a leasehold basis. A new lease for the period of 20 years will be granted to suitable applicants. The current rent payable is £7,500 per year.


Please Note: The Code for Leasing Business Premises in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through the website:  www.leasingbusinesspremises.co.uk


Accounts



  • Accounts will be provided to genuine purchasers after a formal viewing


Legal Costs



  • Each party to bear their own legal costs incurred in the transaction


Stock



  • The business stock value is: £10,000


Staff



  • The business is run by our clients with help from a dedicated team of part time staff who work on an agreed rota basis.


EPC



  • Commercial Energy Performance rating: TBC


Post Office


The appointment of a subpostmaster is at the discretion of Post Office Ltd. For current Post Office procedures please visit www.postoffice.co.uk/businessopportunities


Planning


For further information, you should make your own enquiries to South Hams District Council Follaton House, Plymouth road, Totnes Devon TQ9 5NE


Viewing


Strictly by appointment with the vendor’s agents, Falcon Commercial, Second Floor Offices, 114/116 High Street Honiton EX14 1JP on 01404 758081


Location


The charming and picturesque South Hams village of Holbeton is well served with amenities. Here is a strong sense of community with a range of village clubs and associations including amateur dramatics, gardening, cricket club and more.

Holbeton is surrounded by glorious countryside and walks down to the River Erme with the beautiful and unspoilt Mothecombe Beach just 2 miles away. Dartmoor National Park and the golf clubs at Bigbury and Elfordleigh are also in easy reach. The nearby villages of Newton Ferrers and Noss Mayo are a yachting haven. The A38 provides quick access to the M5 and Cornwall, and is easily accessible approximately 6 miles away.

Categories

Post Offices
Property reference
CP4383481_47